Which of the Following Is a Factor Considered in Make-Or-Buy

question 12

Multiple Choice

Which of the following is a factor considered in make-or-buy decisions?

• A) Available capacity
• B) Core capabilities
• C) Pattern of demand (steady or temporary)
• D) Secrecy of technology
• E) All of the choices are factors considered.

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Definitions:

Utility Functions

Mathematical representations that quantify an individual's preference ordering over a set of alternatives.

Marginal Rate of Substitution

The rate at which a consumer is willing to give up one good in exchange for another good while maintaining the same level of utility.

Wheat

A cereal grain that is a worldwide staple food, known for its application in various foods like bread, pasta, and more.

Milk

A nutritious white liquid produced by the mammary glands of mammals, widely consumed as a beverage or used as an ingredient in cooking.