What is the decision called when a manager must decide whether to produce a part or to purchase it from an external supplier?
A)keep or drop
B)special order
C)process further
D)make or buy

Question

Quizplus · Accepted Answer

This decision is commonly referred to as the make or buy decision. A manager must consider several factors in making this decision, including the cost of producing the part in-house versus the cost of purchasing it from an external supplier, the quality of the part, the expertise and resources required to produce the part, and the availability of external suppliers. Ultimately, the best choice will depend on the specific circumstances of the company, such as its core competencies, available resources, and overall strategy.

What Is the Decision Called When a Manager Must Decide