Which of the following decisions involves comparing the benefits and drawbacks of in-house production versus outsourcing of a given product or service?
A)Break-or-make decision
B)Make-or-sell decision
C)Break-or-buy decision
D)Make-or-buy decision

Question

Quizplus · Accepted Answer

The decision involving comparing the benefits and drawbacks of in-house production versus outsourcing of a given product or service is known as the make-or-buy decision. This decision involves evaluating whether it is more cost-effective to produce the product or service in-house or to outsource it from a third party. Therefore, the best choice is D, the make-or-buy decision.

Which of the Following Decisions Involves Comparing the Benefits and Drawbacks