Which of the following is an example of a make-or-buy decision?
A)Adding a product line
B)Dropping a segment
C)Subcontracting work in place of using the company's own employees
D)Hiring skilled labor in place of unskilled labor

Question

Quizplus · Accepted Answer

Subcontracting work in place of using the company's own employees is an example of a make-or-buy decision. The company can either make the product/service in-house or pay another company to make it for them. This decision involves weighing the costs and benefits of each option to determine which is more cost-effective and efficient.

Which of the Following Is an Example of a Make-Or-Buy