Buying and selling to each other at prices equal to those that can be obtained by outsourcing partners is called _____.
A) value-addition
B) in-house trading
C) collaboration
D) in-sourcing

Question

Quizplus · Accepted Answer

In-sourcing refers to the practice of buying and selling goods and services to each other within the same company at prices that are competitive with those that can be obtained from outside vendors. This strategy can help organizations reduce costs, improve efficiency, and enhance overall performance. Thus, option D is the correct answer. The other options, such as value-addition, collaboration, and in-house trading, do not accurately describe this concept.

Buying and Selling to Each Other at Prices Equal to Those