When a Big Name Retailer Decides to Open a Manufacturing

question 25

Multiple Choice

When a big name retailer decides to open a manufacturing plant overseas,this is an example of

• A)licensing.
• B)direct ownership.
• C)contract manufacturing.
• D)a joint venture.
• E)exporting.

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Definitions:

Implementation

The process of executing plans, strategies, or policies to achieve desired outcomes.

Empowerment

The process of enabling or authorizing an individual or group to think, behave, take action, and control work and decision-making in autonomous ways.

Coordinator

A coordinator is an individual responsible for organizing and managing various tasks and activities within a project or department to ensure efficient operation.