When Determining a Make or Buy Decision, Reasons to Buy

question 8

Multiple Choice

When determining a make or buy decision, reasons to buy out would include:

• A) accommodating large changes in volume.
• B) maximizing resource utilization.
• C) protecting confidential information.
• D) maintaining workforce.

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Definitions:

Relations-oriented

Focused on building and maintaining positive interpersonal relationships within a group or organization.

Employee-centered

An approach or management style that prioritizes the well-being, development, and engagement of employees, emphasizing their needs, satisfaction, and contributions.

Participative Leadership

Participative leadership focuses on consulting with subordinates and seeking and taking their suggestions into account before making decisions.

Democratic Leadership

A leadership style where all members of a group participate in decision-making processes.