Above all, companies make products rather than buy them in order to reduce total costs.

Question

Quizplus · Accepted Answer

When companies make products themselves, they have a better control over the supply chain and can eliminate any intermediaries between suppliers and consumers. This enables them to reduce costs and increase profitability. Additionally, making products in-house can lead to greater quality control and flexibility in adapting to changing customer demands. Therefore, it is true that companies often make products instead of buying them to reduce total costs.

Above All, Companies Make Products Rather Than Buy Them in Order