Decisions about whether a producer of goods or services will insource or outsource are called which of the following?
A)Insourcing.
B)Outsourcing.
C)Make-or-buy decisions.
D)Full cost of the products.
E)Business function costs.

Question

Quizplus · Accepted Answer

The decisions of whether to insource or outsource are called the make-or-buy decisions, as they involve weighing the costs and benefits of producing a particular good or service in-house (i.e., insourcing) versus purchasing it from an outside vendor (i.e., outsourcing). This decision is typically based on factors such as cost, quality, and availability of resources.

Decisions About Whether a Producer of Goods or Services Will