Tim's Tools operates in Indonesia using cheap labour for assembling products.This lowers the price for Australian consumers and is an example of:
A) licensing
B) joint venture
C) outsourcing
D) franchising
E) None of these choices.

Question

Quizplus · Accepted Answer

This is an example of outsourcing as Tim's Tools is using cheap labour in Indonesia to assemble their products instead of doing it in Australia. This helps to lower the cost of production and ultimately results in lower prices for Australian consumers.

Tim's Tools Operates in Indonesia Using Cheap Labour for Assembling