What is the decision called when a manager must decide whether or not to outsource a product?
A) make-or-buy
B) special-order
C) keep-or-drop
D) sell-or-process-further

Question

Quizplus · Accepted Answer

The decision of whether or not to outsource a product is commonly referred to as the make-or-buy decision. This decision involves assessing the costs and benefits of producing the product in-house versus outsourcing it to a third-party supplier. Factors to consider include production costs, quality control, supplier reliability, and capacity constraints. Ultimately, the make-or-buy decision depends on which option provides the best value for the company.

What Is the Decision Called When a Manager Must Decide