Asked by Angela Trevino on Jun 09, 2024

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When a firm makes a "make" decision when analyzing whether to "make or buy," they may still have to purchase some types of inputs from outside suppliers.

Make Decision

The process of choosing among various options or actions to solve a problem or achieve a goal.

Make Or Buy

A decision-making process in which a company evaluates whether to produce goods internally or purchase them from external suppliers.

  • Understand the concepts and differences between "make or buy" decisions and the implications of each.
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JW
Jason WillisJun 12, 2024
Final Answer :
True
Explanation :
Even if a firm decides to produce a product or component in-house, they may still need to purchase raw materials or other inputs from outside suppliers. This is often the case in complex manufacturing processes where the firm may not have the capabilities to produce all of the necessary inputs themselves.