Ask Question
BusinessBusiness
7 October, 20:38

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.

+5
Answers (1)
  1. 7 October, 23:54
    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.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “If The Limited Company relies on hiring a foreign textile manufacturer to produce a designated amount of clothing for its Express, Limited, ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
The XYZ Company expects stock prices to increase. The current stock price is $37. The company purchases a call option, with an exercise price of $40 and a premium of $2 per share. Just before the expiration, stock price rises to $44.
Answers (1)
Inventor and Entrepreneurs are: A. are often one and the same B. never work well together C. both have the skills to quickly sell the product they invented D. can work together to innovate products and bring them to stores E.
Answers (1)
At the end of the year, Mercy Cosmetics' balance of Allowance for Uncollectible Accounts is $730 (debit) before adjustment. The balance of Accounts Receivable is $26,300.
Answers (2)
Coffee Corporation has 2,000 shares of common stock outstanding. John owns 700 of the shares, John's grandfather owns 100 shares, John's father owns 100 shares, John's ex-wife owns 700 shares, and Redbird Partnership owns 400 shares.
Answers (1)
A purchase order is created by the accounting department. a. True b. False
Answers (1)
New Questions in Business
Which of the following are true? Select one or more: (a) The t-distribution is dependent on the sample size. (b) The t-distribution does not depend on the sample size.
Answers (1)
Santoyo Corporation keeps careful track of the time required to fill orders. Data concerning a particular order appear below: Hours Wait time 13.6 Process time 2.7 Inspection time 0.3 Move time 3.3 Queue time 7.0 The delivery cycle time was:
Answers (1)
During 2021, its first year of operations, Pave Construction provides services on account of $160,000. By the end of 2021, cash collections on these accounts total $110,000. Pave estimates that 25% of the uncollected accounts will be uncollectible.
Answers (1)
How often is interest earned from bonds usually paid to the bond holder? 1) Every month 2) Once per year 3) Twice per year 4) Every two years
Answers (1)
Rexeleg Company manufactures a product with the following costs per unit at the expected production of 40,000 units: Direct materials $5 Direct labor 10 Variable overhead 7 Fixed overhead 9 The company has the capacity to produce 50,000 units.
Answers (1)
Home » Business » 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.
Sign Up Forgot Password?