Using Contract Manufacturing as a Strategy to Reach Global Markets

question 72

Multiple Choice

Using contract manufacturing as a strategy to reach global markets offers firms the advantage of:

• A) expert and experienced laborers.
• B) reduced financial risks.
• C) increased volatility.
• D) currency stability.

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Definitions:

Continuity of Existence

A business principle referring to the capacity of a company to maintain its operations and existence through changes in ownership or structure.

Written Agreement

A contract or document outlining the terms of an agreement between parties, which is signed and documented in writing.

RUPA

The Revised Uniform Partnership Act regulates how partnerships are managed within the United States.

Prima Facie

Latin for "at first glance," it refers to evidence that is sufficient to establish a fact or raise a presumption unless disproved or countered.