Rubicon Inc., an American guitar manufacturing company, sign…

Rubicon Inc., an American guitar manufacturing company, signs a contract with a supplier in Umreia, an Asian country, to manufacture guitars. Rubicon then imports these products and sells them in its markets under its own brand name. Rubicon does this because of the availability of cheap labor in Umreia, which substantially cuts down Rubicon’s cost of production. In this scenario, Rubicon is most likely involved in _____.

Baki Corp., a technology company based in the country of Jae…

Baki Corp., a technology company based in the country of Jaelle, contracts with a small-scale supplier in the country of Sadzi to manufacture its cellphones, wireless headphones, and phone cases that are sold across the world. This strategy by Baki Corp. illustrates _____.

Lori Smith, the chief executive officer of Williams Tech, be…

Lori Smith, the chief executive officer of Williams Tech, believes that the firm is currently best equipped to enter the market of Laine, a fast-developing country. The firm offers a small-scale producer in Laine the right to produce and market its goods based on a set of specific operating functions and requirements. This scenario of Williams Tech illustrates _____.