Managers are considering outsourcing sub-components of production. Data is collected about the costs of making the sub-component. Different bids are sought about the purchase of the sub-components. Which managerial activity is applicable in this situation?
A)control
B)continuous improvement
C)planning
D)decision making

Question

Quizplus · Accepted Answer

The act of collecting data about costs and seeking bids for outsourcing involves decision making. The managers need to analyze the data and make a decision about whether outsourcing will save costs and increase efficiency.

Managers Are Considering Outsourcing Sub-Components of Production