_____ involves contracting with foreign suppliers to produce goods at a fraction of the cost of domestic production.
A) Foreign outsourcing
B) Foreign importing
C) Foreign direct investment
D) Foreign franchesing

Question

Quizplus · Accepted Answer

Foreign outsourcing involves contracting with foreign suppliers to produce goods at a fraction of the cost of domestic production. This is done to reduce manufacturing costs and increase profit margins. Foreign importing refers to the procurement of goods from foreign countries and is not specifically related to production, while foreign direct investment and foreign franchising involve investing in or purchasing foreign businesses.

_____ Involves Contracting with Foreign Suppliers to Produce Goods at a Fraction