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Chaudary Muhammad
on Nov 06, 2024

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True Diva Inc.,a reputed brand for women's apparel and accessories,uses contract manufacturers in different countries.The company benefits because of the lower cost of labor and minimal government regulations in other countries than its home country.This is an example of _____.

A) bartering
B) benchmarking
C) outsourcing
D) reverse engineering
E) franchising

Government Regulations

Rules established by government agencies aimed at controlling the way businesses operate.

Outsourcing

The transferring of manufacturing or other tasks—such as data processing—to countries where labor and supplies are less expensive.

  • Grasp the concepts of supply chain management and its critical role in operations.
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Ashton GriffithNov 06, 2024
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