Which of the following is NOT linked with outsourced production?
Select one:
a. Production in a low cost country
b. Subcontracting manufacturing for a well-known Brand
c. Franchising
d. Manufacturing under license
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subcontacting manufacturing for a well known brand
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Franchising is not linked with outsourced production.
- A franchise is a business method where a person establishes a business in the name of a brand trademark and system.
- A person who uses the name of another business often pays a royalty and an initial fee to start up a franchise business. A franchise business is also beneficial for a business because it helps to create a good name for the brand.
- Production is outsourced due to various reasons like low cost and less of production problems.
- A company outsources s production to get rid of the production procedures and focus on selling the product.
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