Specific adaptations are usually required when a buyer chooses _____, which is a contract with an external firm to produce goods or services rather than the buyer producing them internally.

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Outsourcing requires specific adaptations because the buyer is relying on an external firm to produce the goods or services, which may have different processes, capabilities, and quality standards than the buyer's internal production. The buyer may need to coordinate with the supplier, define performance metrics, monitor quality, and ensure compliance with legal and ethical standards. Gatekeeping refers to controlling access to information or resources, resident buying refers to living in an area to benefit from local discounts, competitive bidding refers to selecting a supplier based on price and quality through a competitive process, and auctioning refers to selling goods or services to the highest bidder.

Specific Adaptations Are Usually Required When a Buyer Chooses _____