When Deciding Whether to Outsource or Insource a Product or Service

question 107

Multiple Choice

When deciding whether to outsource or insource a product or service, managers consider:

• A) The reliability of the product or service supplier
• B) All of the fixed costs
• C) Only the variable costs
• D) No qualitative factors

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Definitions:

Verbal Messages

Information or ideas conveyed through spoken words, as opposed to non-verbal means of communication.

Encoding

The process of converting information into a particular form or code to facilitate transmission, storage, or encryption of data.

E-mail

is a method of exchanging digital messages across the internet or other computer networks, allowing for efficient and instant communication.

Context

The circumstances or background that aids in the comprehension and interpretation of an event, statement, or idea.