One of the most fundamental and critical decisions in any organization is, should we:
A) have a single source or multiple sources for a specific purchase?
B) order small quantities to avoid carrying costs or large quantities to get volume discounts?
C) switch suppliers because of a slight price discount from a potential supplier?
D) make or buy the needed good or service?
E) enter into a long- or short-term agreement with a supplier?

Question

Quizplus · Accepted Answer

The decision to make or buy a needed good or service is fundamental as it affects the organization's core operations, cost structure, and strategic direction.

One of the Most Fundamental and Critical Decisions in Any