What happened to Schwinn,a U.S.bicycle manufacturer?

A) Its outsourcing vendor,Giant Manufacturing in Taiwan,stole its confidential employee information,which resulted in many lawsuits against Schwinn.
B) Its outsourcing vendor,Giant Manufacturing in Taiwan,became insolvent and was unable to fulfill its annual order for Schwinn.
C) Its outsourcing vendor,Giant Manufacturing in Taiwan,became a competitor and damaged Schwinn's business.
D) Its outsourcing vendor,Giant Manufacturing in Taiwan,used lower quality materials to make Schwinn's bikes,which increased product defects.

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Marian Jordan-Jones · Accepted Answer

Final Answer : C, Explanation :  Schwinn outsourced their manufacturing to Giant Manufacturing in Taiwan, which led to Giant becoming a competitor and creating competition for Schwinn's business. This competition ultimately led to Schwinn filing for bankruptcy in 1992.

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