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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.

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Answers (1)
  1. 17 September, 04:27
    0
    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.
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