Choosing between building a custom application and purchasing a software package is called a make-or-buy decision.

Name: Choosing between building a custom application and purchasing a software package is called a make-or-buy decision.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

A make-or-buy decision is a common business decision that involves deciding whether to build something from scratch or purchase a pre-existing product. In this case, the decision is about whether to build a custom application or purchase a software package.

Choosing Between Building a Custom Application and Purchasing a Software