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    When a Manufacturer Enters into a Legally Binding Agreement for a Local
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When a Manufacturer Enters into a Legally Binding Agreement for a Local

Question 3

Question 3

Multiple Choice

When a manufacturer enters into a legally binding agreement for a local manufacturer to oversse the production but the firm retains control over marketing of the product, this is known as:


A) franchising.
B) direct entry.
C) contract manufacturing.
D) licensing.
E) joint venture.

Correct Answer:

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