In General, a Company Should Outsource If the Cost to Buy

question 54

Multiple Choice

In general, a company should outsource if the cost to buy is:

• A) Less than the sum of variable costs and fixed costs
• B) Less than the relevant variable costs
• C) Greater than or equal to (variable costs + relevant fixed costs - opportunity costs)
• D) Less than or equal to (variable costs + relevant fixed costs - opportunity costs)

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Definitions:

Aadhaar

A 12-digit unique identity number issued by the Indian government to residents, based on their biometric and demographic data.

Security

Measures and protocols implemented to protect systems, networks, data, and information from unauthorized access, attacks, or damage.

Digital Dossiers

Collections of data about individuals, often compiling personal, financial, and social information.

Customer Intimacy

A business strategy focusing on creating strong relationships with customers by deeply understanding and anticipating their needs and preferences.