Palding hires an asian company to produce a specified volume of sports equipment that still carries spalding's name. this is an example of _____. contract manufacturing licensing direct investment exporting importing

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Palding hires an asian company to produce a specified volume of sports equipment that still carries spalding's name. this is an example of contract manufacturing. Contract manufacturing occurs when a company hires a foreign company to produce a specified volume of the firm's product to specification. However, the final  product carries the domestic firm's name. 
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