Imagine that you work for a custom-bicycle company that has thus far only manufactured in the United States. Youre under pressure to reduce costs. What options would you explore? Would you consider sourcing some of the components from countries with lower material costs? Would you consider outsourcing some of the manufacturing? Would you set up a subsidiary in a country with lower labor and material costs to handle the manufacturing? Explain the advantages or disadvantages of these options Answer each of the questions listed above. Be sure to support your arguments and cite your sources. Your response should be a minimum of 250 words. Reference the textbook and any other sources used for your response. The textbook reference is: Carpenter, Mason A. (2011). International Business. Saylor Foundation. Retrieved from https://open.umn.edu/opentextbooks/textbooks/international-business Post the textbook reference and any other sources used. Note: Initial posting response without a reference will have points deducted.
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