1.Define ‘make-or-buy decision’ ‘captive centre’ and ‘outsourcing.’ (3 marks)
Make-or-buy decision is the action of generating a strategic choice between selecting an item whether it will be produced in-house and just buying it from an outside supplier.
Captive XXXXXX XXXXX XXXX a XXXXXXXX is XXXXX XX an off shoring company XXXXXXXXX XXXX control over XXX business practices XXX XXXXXXX in which the XXXXXXXXXX have done were not outsourced to a third XXXXX but XXXXXX XXXXXXXXX by an offshore XXXXXXX.
XXXXXXXXXXX XX a XXXXXXX in which companies get XXXXXXXX from an external supplier or XXXXXXXXXXXXX.
X. What XXXXXXX XXXXXX an XXXXXXXXXXXXX business consider XXXX XXXXXXX at XXXXXXXX a production XXXXXXXXX in a foreign country? (XX XXXXX)
X.Assess XXX major risks in XXXXXXXX XXXXXXXXXXX business XXX XX XXXXXXXX, XXX how XXXXX risks XXX XX mitigated. (11 XXXXX)