Author Question: Companies make products rather than buy them in order to reduce total costs. Indicate whether the ... (Read 80 times)

tingc95 · **on:** Jul 7, 2018

Companies make products rather than buy them in order to reduce total costs.

Indicate whether the statement is true or false

Question 2

The senior manager argues that Hafstrom could reduce its costs significantly by purchasing parts from companies located overseas rather than producing its own parts. Which of the following is the senior manager advocating?

A) outsourcing
B) a greenfield investment
C) lean production
D) vertical integration