Multiple Choice
Melrow Inc.,a U.S.firm,suffers heavy losses and lays off many of its employees.To reduce its manufacturing costs,it shifts its production units to another country where labor costs are less.In this scenario,Melrow Inc.is engaged in _____.
A) licensing
B) outsourcing
C) franchising
D) inshoring
Correct Answer:
Verified
Correct Answer:
Verified
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