One Significant Reason for Reshoring Is a Company Needing Its

question 10

True/False

One significant reason for reshoring is a company needing its supply chain to be more responsive to changes in demand.

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Definitions:

Promote

To actively endorse or encourage the popularity, sale, or acceptance of something.

Private Label Brands

Products manufactured by one company for sale under another company's brand, often positioned as lower-cost alternatives to national brands.

Manufacturer Brands

Products that are created and sold under the brand name of the manufacturer, also known as national brands, as opposed to private labels or store brands.

Co-brands

A marketing partnership between two or more brands or companies, where they collaborate on a product or service, combining their strengths to enhance consumer perception and value.