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.

---

Definitions:

Constant Pressure

A condition or process in which the pressure remains unchanged over time.

Equilibrium

A state in which opposing forces or influences are balanced, often referring to chemical reactions reaching a state where the rates of the forward and reverse reactions are equal.

Products

The substances that result from a chemical reaction.

Reactants

Materials that exist at the beginning of a chemical reaction and are used up to produce end products.