A Well-Known Producer of Breakfast Cereals Has Decided to Hire

Multiple Choice

A well-known producer of breakfast cereals has decided to hire producers in different countries so that the cereals marketed under their brand are locally produced in the respective countries. This would not only appeal more to consumers who prefer domestically produced goods, but would also create jobs in the host-country enhancing the brand's image further. This is an example of ________.

A) management contracting
B) franchising
C) greenfield venturing
D) contract manufacturing
E) straight extension