Many startups that plan to produce a product indicate in their business plan that the actual production of the product will be “outsourced” or produced by a contract manufacturer.

Question

Answer the following statement true (T) or false (F)

Answer 1

True: when it comes to startups outscourcing is used as a means to keep production costs and time low.This speeds up the development of product allowing them to get on the shelves a-lot faster.