Asked by
Kevin Murillo
on Nov 06, 2024Verified
Spalding hires an Asian company to produce a specified volume of sports equipment that still carries Spalding's name.This is an example of _____.
A) contract manufacturing
B) licensing
C) direct investment
D) exporting
E) importing
Contract Manufacturing
The hiring of a foreign company to produce a specified volume of the initiating company’s product to specification; the final product carries the domestic firm’s name.
- Absorb the variety of strategies and outlines used in foreign business engagements and their utilization.
Verified Answer
RT
Learning Objectives
- Absorb the variety of strategies and outlines used in foreign business engagements and their utilization.