What Is an Advantage of Making,rather Than Buying,component Parts

question 49

Multiple Choice

What is an advantage of making,rather than buying,component parts?

• A) It uses otherwise idle capacity.
• B) It simplifies the need for management expertise.
• C) It reduces the risk of technological change and equipment obsolescence.
• D) It permits concentration on the firm's specialty-its finished products.

---

Definitions:

Individualist Cultures

Cultures in which the self is regarded as autonomous, and individual goals and wishes are prized above duty and relations with others.

Personal Goals

Individual objectives, targets, or ambitions that a person aims to achieve or accomplish.

Obligation

A duty or commitment that an individual is bound to, either legally, morally, or emotionally.

Group Norms

Shared guidelines or rules of behavior that are accepted and followed by members of a group, influencing how they act and interact.