All of the Following Should Be Considered in a Make-Or-Buy

question 74

Multiple Choice

All of the following should be considered in a make-or-buy decision except

• A) cost savings
• B) quality issues with the supplier
• C) future growth in the plant and other production opportunities
• D) whether the supplier will make a profit that would no longer belong to the business

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Definitions:

Inducements

Incentives or rewards offered to encourage a specific action or behavior from individuals or groups.

Managerial Practices

The set of policies, practices, and procedures used by managers to guide decision-making and operations in an organization.

Quality of Work Life

A concept that involves ensuring job satisfaction, workplace health, and overall well-being for employees.

Work-Life Balance

The equilibrium between professional responsibilities and personal life, including family, leisure, and health, to maintain well-being and satisfaction.