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Key Decision Points in Make-Or-Buy Analysis Include Cost, Human Resources

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Key decision points in make-or-buy analysis include cost, human resources, time, strategic direction, and risk.


Definitions:

Causation

The action of causing something, indicating a relationship between two events where one is the effect of the other.

Correlation Coefficients

A metric showing how much two or more variables change in relation to one another.

Predictions

The act of forecasting future events based on current or past trends, patterns, or data.

Happiness

A state of well-being and contentment characterized by feelings of joy, satisfaction, and fulfillment.

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