List at Least Two Factors That Should Be Considered in a Make

question 25

Essay

List at least two factors that should be considered in a make or buy decision.

---

Definitions:

Pay Rate

The amount of money a worker is paid per unit of time or per piece of work completed.

Competency-Based Rewards

A system of compensation and recognition that is directly tied to an employee’s demonstration of specific skills, abilities, and achievements.

Service Quality

The degree to which a service meets the customer's expectations and reflects the perceived difference between actual service performance and pre-service expectations.

Job Status-Based Rewards

Compensation or recognition given to employees based on their position or rank within an organization.