What Is Contract Manufacturing? - Definition & Explanation


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question 1 of 3

Which of the following is the best explanation of contract manufacturing?

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1. Where are contract manufacturers often located?

2. Which one of the following is not an advantage of contract manufacturing for a manufacturer?

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About This Quiz & Worksheet

Use this quiz/worksheet combo to help you test your understanding of contract manufacturing. Topics you'll be assessed on include a definition of contract manufacturing as well as the advantages and disadvantages of contract manufacturing to their respective manufacturers.

Quiz & Worksheet Goals

These assessments test the following key topics:

  • Contract manufacturing explained
  • The location of most contract manufacturers
  • Advantages and disadvantages of contract manufacturing for manufacturers
  • Contract manufacturing and savings

Skills Practiced

The quiz & worksheet combo allow you to practice:

  • Reading comprehension - ensure that you draw the most important information from the related lesson on contract manufacturing
  • Information recall - access the knowledge you've gained regarding the location of most contract manufacturers
  • Knowledge application - use your knowledge to answer questions about the advantages and disadvantages of contract manufacturing

Additional Learning

Get more information on this important business topic by looking at the lesson entitled What Is Contract Manufacturing?- Definition & Explanation. These are just a few objectives which this lesson delves into:

  • Define the business practice known as 'contract manufacturing'
  • Relate at least two advantages and two disadvantages of contract manufacturing
  • Understand the process of contract manufacturing and the potential benefits to their respective manufacturers