If The Limited Company relies on hiring a foreign textile manufacturer to produce a

designated amount of clothing for its Express, Limited, and other stores, it is using

a. exporting.

b. franchising.

c. contract manufacturing.

d. a joint venture.

e. licensing.

Question

Business

Marquis Carson

17 September, 02:23

If The Limited Company relies on hiring a foreign textile manufacturer to produce a

designated amount of clothing for its Express, Limited, and other stores, it is using

a. exporting.

b. franchising.

c. contract manufacturing.

d. a joint venture.

e. licensing.

+4

Answers (1)

Know the Answer?

Chana Krause · Answer 1

Answer: Contract manufacturing.

Explanation:

Contract manufacturing is the outsourcing of some production activities that were formerly done by the producer to a third party. An organization may outsource certain parts for a product.

Contract manufacturing is the practice of giving out part of a work to outside sources rather than completing all the work within the company. It results in lower expenses and costs.

If The Limited Company relies on hiring a foreign textile manufacturer to produce adesignated amount of clothing for its Express, Limited, and other stores, it is usinga. exporting.b. franchising.c. contract manufacturing.d. a joint venture.e. licensing.

If The Limited Company relies on hiring a foreign textile manufacturer to produce a

designated amount of clothing for its Express, Limited, and other stores, it is using

a. exporting.

b. franchising.

c. contract manufacturing.

d. a joint venture.

e. licensing.