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One way firms face competitors selling low-priced products is by moving their own production abroad to cost efficient counties and then importing it. Such a
One way firms face competitors selling low-priced products is by moving their own production abroad to cost efficient counties and then importing it. Such a strategy is called Insourcing O Just-in-Time (IT) O Outsourcing Reshoring QUESTION 23 2 points Save Answer A customer of a firm enters a foreign market by setting up a manufacturing facility. It tells its suppliers that they will need to supply parts for assembly at the manufacturing facility and for customer service. Therefore, the suppliers are engaged in what kind of exporting O A Joint Venture A Distributorship O Piggy- Backing O Franchising
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