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A) domestic subsidiary
B) wholly owned subsidiary
C) foreign sales office
D) home country production facilities
36) Which is a description of the sourcing arrangement overseas joint venture?
A) A firm has no production facilities and contracts with foreign manufacturers to make
clothing to their specifications.
B) A company contracts with an independent manufacturer in another country to
provide it with products, often designed by the overseas manufacturer.
C) Production plant in the home country or another nation sends components to be
machined and assembled, or just to be assembled, by an independent contractor in an in-bond
plant.
D) Established where labor costs are lower, or quality higher, than in the home country
to supply components or other inputs to the home country.
37) Which sourcing arrangement may be established in a country with low-cost labor to
supply components to the home-country plant, or the subsidiary may produce a product that
either is not made in the home country or is of higher quality?
A) wholly owned subsidiary
B) overseas joint venture
C) overseas plant contractor
D) independent overseas manufacturer
38) Which sourcing arrangement is common in the clothing industry?
A) wholly owned subsidiary
B) overseas joint venture
C) overseas independent contractor
D) independent overseas manufacturer