A(n) _____ Decision Is One in Which an Organization Decides

question 58

Short Answer

 A(n) _____ decision is one in which an organization decides if it is in its best interests to make certain products or perform certain services inside the organization, or if it is better to buy them from an outside organization.

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Definitions:

Milton Friedman

An influential American economist known for his work in the fields of macroeconomics, microeconomics, and the study of consumption analysis and monetary history.

Social Entrepreneur

An individual who establishes an enterprise with the aim of solving social problems or effecting social change, using traditional entrepreneurial principles.

Economic

Pertaining to the production, distribution, and use of income, wealth, and commodities.

Primary Role

Refers to the main or most important function or responsibility that an individual, system, or entity has.