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Outsourcing a part of or entire production and concentrating on marketing operations in international business is known as: -

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Question

Outsourcing a part of or entire production and concentrating on marketing operations in international business is known as:

Options

  • Licensing

  • Franchising

  • Contract manufacturing

  • Joint venture 

MCQ

Solution

Contract manufacturing

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Changing Pattern of the Composition of India's Exports
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