If the Limited Company Relies on Hiring a Foreign Textile

question 158

Multiple Choice

If The Limited Company relies on hiring a foreign textile manufacturer to produce a designated amount of clothing for its Express, Limited, and other stores, it is using

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

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Definitions:

Sociological Qualities

Attributes of a society or social group, such as its norms, values, behaviors, and demographic characteristics.

Antecedent Attributes

Features or characteristics that consumers consider before making a purchasing decision, often based on prior experience or inherent qualities of the product.

Store's Image

The public perception or identity of a retail store, shaped by its aesthetics, branding, and consumer experiences.

Corporation

A legal entity that is separate and distinct from its owners, characterized by limited liability, perpetual succession, and the ability to raise capital through issuing shares.