A leading smart phone manufacturer wants to maintain a core team to design its products, but wants to use a contract manufacturer in Singapore to handle production according to its specifications. The organization in this situation should use strategy.

The correct word for the blank space is: outsoucing.

Explanation:

Outsourcing is an approach by which companies take part of their operations to a different country in an attempt to cut materials costs and labor hand benefits. It is a strategy also used at the moment of bypassing governmental production regulations. The disadvantages of outsourcing are the loss of direct control over quality standards of manufacturing and to take away job opportunities in the entity's domestic country.

the answer is "b.the increased supply will create a surplus. "

the essential thought behind price controls is straightforward - utilize the power of law to modify the equilibrium of a market. for instance, the legislature may choose that the steel business needs to survive, and in this way pass a law to set a value floor on steel. this implies all steel sold must offer at or over the floor value, which must be set over the equilibrium cost for it to have any impact. the switch could likewise happen - the administration can choose that steel is excessively costly and set a value roof underneath its equilibrium value, with the goal that all steel must be sold at or beneath that ceiling.