A Decision Whether to Continue to Make a Product or Buy

question 173

True/False

A decision whether to continue to make a product or buy it externally depends on the external price and the amount of variable and fixed costs that can be eliminated assuming no alternative uses of resources.

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Definitions:

OD

Organizational Development, a field of research, theory, and practice dedicated to expanding the knowledge and effectiveness of people to accomplish more successful organizational change and performance.

Empowerment

The process of giving power or authority to someone, enabling them to increase control over their own life or situation.

Emotional Standstill

An emotional standstill occurs when an individual feels stuck or unable to progress emotionally, often due to unresolved issues or traumas.

Denial

A defense mechanism in which confrontation with a reality or fact is avoided by denying the existence of the problem or reality.