You Are the Owner of Small Chain of Sporting Goods

question 131

Essay

You are the owner of small chain of sporting goods. Currently, you pay a media company to maintain the company's website and Internet sales processing software system. You are considering bringing that operation in-house by hiring an Information Technology (IT) employee.
What factors should you consider in making this decision?

---

Definitions:

Nonexclusive Good

Good that people cannot be excluded from consuming, so that it is difficult or impossible to charge for its use.

Exclusive Good

A product or service that is only available to a specific group of consumers or requires special access, often characterized by high quality and price.

Negative Externality

A cost that affects a party who did not choose to incur that cost, often associated with environmental pollution.

Noxious Odors

Unpleasant or harmful smells that can cause discomfort or health issues.