When an outsourcing decision refers to the components of a manufacturing product, it is commonly called
A)unit outsourcing.
B)make-or-buy decision.
C)transfer of ownership decision.
D)Lean manufacturing.

Question

Quizplus · Accepted Answer

The make-or-buy decision is a common term used when a company must decide whether to produce a component of their product in-house or to outsource it to a supplier. This decision may involve weighing the costs and benefits of each option, and evaluating the company's production capabilities. Unit outsourcing, transfer of ownership decision, and Lean manufacturing do not specifically refer to outsourcing individual components of a product.

When an Outsourcing Decision Refers to the Components of a Manufacturing