Outsourcing a part of or entire production and concentrating on marketing oper

Question -

Outsourcing a part of or entire production and concentrating on marketing operations in international business is known as:

Options:

A . Licensing

B . Franchising

C . Contract manufacturing

D . Joint Venture

Answer: Option C
:
C

Contract manufacturing refers to outsourcing a part of or entire production and concentrating on marketing operations in international business.

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