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Managers Are Considering Outsourcing Sub-Components of Production

question 90

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Managers are considering outsourcing sub-components of production. Data is collected about the costs of making the sub-component. Different bids are sought about the purchase of the sub-components. Which managerial activity is applicable in this situation?


Definitions:

Reuses Value

The practice of using an already defined value or resource multiple times within a program or system to optimize performance or maintain consistency.

Default Name

The pre-set or automatically generated name assigned to a file, document, or device if a custom name is not provided by the user.

New Table

The action or feature of creating a fresh table structure in a database or document, intended for organizing and displaying data in rows and columns.

Access Database

A database tool from Microsoft that combines the relational Microsoft Jet Database Engine with a graphical user interface and software-development tools.

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