All of These Are Factors That Could Lead to a Decision

question 39

Multiple Choice

All of these are factors that could lead to a decision to buy or outsource rather than make or perform in-house,EXCEPT:

• A) flexibility in procurement
• B) ability to use specialized suppliers
• C) inadequate capacity
• D) more control over quality and time

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Definitions:

Random Experiments

Experiments or procedures that have unpredictable outcomes, allowing for the study of probability and statistics.

Specific Interventions

Targeted actions or policies designed to address a specific issue or problem within a system or sector.

Social Overhead Capital

Public infrastructure investments made by the government or public sector, essential for economic development, such as roads, schools, and hospitals.

Economic Growth

An increase in the amount of goods and services produced per head of the population over a period of time, often reflected in an increase in the GDP.