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A domestic firm may decide to contract for the production of its goods by an established foreign manufacturer. Such private-label manufacturing by a foreign company is called: Group of answer choices franchising international labeling contract manufacturing duplicate labeling private label contracting

Answer :

The private-label manufacturing by a foreign company is called contract manufacturing.

What is contract manufacturing?

It should be noted that contract manufacturing us the contract to outsider manufacturing in exchange for money.

Therefore, the private-label manufacturing by a foreign company is called contract manufacturing.

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