A Business May Prefer to Make a Product That It

question 35

Multiple Choice

A business may prefer to make a product that it could subcontract at a cheaper price because:

• A)they may be concerned that having gained their business, the subcontractor could increase the price charged.
• B)by subcontracting the business, they may find supply is less reliable.
• C)by subcontracting the business, they may lose control over quality.
• D)All of the above

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Definitions:

Business World

The global sphere of commerce and trade, encompassing all activities, practices, and industries involved in the provision of goods and services.

Causes Of Conflict

A range of underlying reasons or conditions that lead individuals or groups to engage in opposition or discord.

Potential Pitfalls

Foreseeable obstacles or challenges that could hinder progress or success.

Negotiation

The process of discussing an issue between two or more parties with the aim of reaching a consensus or an agreement.