RSA Is a Bicycle Manufacturing Company

question 83

Multiple Choice

RSA is a bicycle manufacturing company. Which of the following is a make-or-buy decision that the company will have to make?

• A) Should the company increase its responsiveness toward the retailers?
• B) What are the products that the company should manufacture?
• C) Should the company outsource production to a low-cost vendor?
• D) What should be the pricing strategy of the company's product?

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Definitions:

Teamwork

The combined action of a group, especially when effective and efficient, working together toward a common goal.

Decision-Making

The cognitive process of selecting a course of action from among multiple alternatives, typically involving critical thinking and analysis.

Management

entails the planning, organizing, directing, and controlling of resources to achieve organizational goals efficiently and effectively.

Leadership

The ability to guide, direct, or influence people towards the achievement of goals.