A company often undertakes in-house production when it can manufacture a product for less than it must pay another business to produce it.

Name: A company often undertakes in-house production when it can manufacture a product for less than it must pay another business to produce it.
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Question

Quizplus · Accepted Answer

If a company can manufacture a product for less than what it would cost to outsource or hire another business to produce it, it is generally more cost-effective for the company to pursue in-house production.

A Company Often Undertakes In-House Production When It Can Manufacture