Which of the following terms refers to the decision of whether to produce a component internally or to outsource it from another company?
A) buyer decision process
B) decision problem
C) per curiam decision
D) make-or-buy decision

Question

Quizplus · Accepted Answer

The make-or-buy decision specifically refers to the decision of producing a component internally or outsourcing it from another company. Option A (buyer decision process) refers to the steps that consumers go through when making a purchase decision, Option B (decision problem) refers to a broader category of decision-making, and Option C (per curiam decision) refers to a judicial decision made by a panel of judges without attributing the decision to a specific judge.

Which of the Following Terms Refers to the Decision of Whether