[Solved] Factors that make influence of firms decision to buy a part rather than produce it internally includes

Factors that make influence of firms decision to buy a part rather than produce it internally includes

A. lack of in-house expertise

B. small volume requirements

C. desire for multiple sourcing

D. All of the above

Answer: (d) Factors that make influence of firms decision to buy a part rather than produce it internally includes lack of in-house expertise, small volume requirements and desire for multiple sourcing.

More Questions

1. _______ is the act of choosing between manufacturing a product in house or purchasing it from an external supplier.

2. In a make or buy decision, the most important factor(s) to consider is ________.

3. GAAP in financial accounting stands for _______

4. An enterprise may decide to purchase the product rather than producing it if is _________.

5. A ________ is the catalog of items one should sell at their business.

6. Optimizing product mix can ________ the profits.

7. Advantages of break even analysis includes ______.

8. A budget is a ________ financial plan.

9. The excess of actual or budgeted sales over the break even sales are called ________.

10. The size of ________ is an important indicator of the strength of business.