Answer:
Outsourcing strategy
Explanation:
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 outsourcing strategy. The smart phone manufacturer should outsource the production to a competent firm in Singapore after the design team finishes designing the product. Outsourcing is the process of obtaining a good or service from an external supplier via a working contract between the two organizations.
