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18-11-2019
Social Studies

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Electrolush manufactures a variety of home appliances and has historically produced the components for their products in-house. However, the company now contracts with other firms to produce these components. This strategy of __________ is a current trend among U.S. manufacturers.

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eikujeyisi eikujeyisi

19-11-2019

Answer:

This strategy of "Contract Manufacturing" is a current trend among U.S. manufacturers.

Explanation:

Contract manufacturing occurs when one manufacturing firm (A) outsources a part of its manufacturing process to another manufacturing firm (B), also called a contractor.

The firm (A) may choose to outsource the production of some of its products or the component parts used to make the products.

Manufacturing firms do this to cut costs or free up some valuable time to focus on other activities.

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