Question

9 multiple choice 1 point when a companys strategy is ______, the firm makes arrangements for a foreign manufacturer to produce the product. the domestic companys label and/or trademark are attached to the completed product. contract manufacturing franchising export trading import sourcing

Explanation:

Contract manufacturing is defined as a domestic company hiring a foreign manufacturer to produce goods, then attaching the domestic firm's branding (label/trademark) to the finished products. Franchising involves licensing a business model, export trading focuses on selling domestic goods abroad, and import sourcing is purchasing foreign goods for domestic use, none of which match the described scenario.

Answer:

A. contract manufacturing