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A business may be faced with the challenge of deciding whether to source some of its requirements from external suppliers or whether to make them internally. Which of the following factors is likely to justify the decision to make the requirements internally?
Suggested Answer: A
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The three pillars of sustainability are profit, people and planet. This may also be referred to as social, economic and environmental.
40 comments · newest first
BE
Beula
11 months ago
B is definitely the best reason, leveraging in-house talent is key!
VI
Vi
11 months ago
Wait, are we sure about D? Cumbersome procedures can sometimes be worth it.
GE
Gerald
12 months ago
C makes sense too, external suppliers can really hike up prices.
LI
Linn
12 months ago
Totally agree with B, if you have the skills in-house, why not use them?
RO
Rodrigo
1 year ago
A is a solid point, older tech can really slow things down.
FL
Fletcher
1 year ago
I feel like option D might be relevant too, but I can't recall if cumbersome procedures alone would justify making something instead of buying it.
MA
Maurine
1 year ago
I practiced a similar question where cost was a big factor. So, I wonder if option C about overcharging could also play a role in deciding to produce internally.
JE
Jenise
1 year ago
I'm not entirely sure, but I remember something about how older technology from suppliers could be a red flag. Maybe option A could also be a reason?
TH
Thaddeus
1 year ago
I think option B makes the most sense since having the right skills and capacity in-house can really justify making things internally.
BL
Blondell
1 year ago
This is a classic make-or-buy decision. I think the in-house competencies and capacity are the most important factors to consider. The other options don't seem as relevant.
VI
Vilma
1 year ago
I'm not sure about the other options. The older technology and overcharging by suppliers don't seem as relevant to me. I'll focus on the internal capacity factor.
JU
Julene
1 year ago
The availability of in-house capabilities is definitely the most important consideration here. External suppliers may not be able to match our internal expertise.
NA
Nada
1 year ago
Hmm, I'm a bit unsure about this one. I'll need to think through the different factors carefully before deciding.
EV
Eve
1 year ago
This seems like a straightforward make-or-buy decision. I think the key factor is the availability of in-house competencies and capacity.
CO
Colette
1 year ago
Alright, I've got a strategy here. Since the question is specifically about ensuring the index is updated, I'm going to focus on the indexing mode options. Consistent mode seems like the logical choice to keep the index in sync with the data changes.
MO
Moira
1 year ago
Hmm, I'm a bit unsure about this one. Should the roadmap really include all the portfolio components? Option B makes sense, but I'm not totally confident that's the right answer.
MA
Man
2 years ago
B is the way to go, no doubt. Although I hear the external suppliers are offering free doughnuts with every order. Tough decision, but I'm still going with the in-house option. Gotta watch that waistline, you know?
LI
Lino
1 year ago
True, but we have to consider the long-term benefits of utilizing our in-house resources.
LA
Lauran
1 year ago
But free doughnuts with every order from external suppliers sound tempting.
CL
Claribel
1 year ago
I agree, having the in-house competencies and capacity is crucial for making the requirements internally.
AL
Alpha
2 years ago
D? Really? Cumbersome tendering procedures? Sounds like someone's trying to avoid all the paperwork. I'm sticking with B - internal production is the way to go!
GI
Gilma
1 year ago
True, but dealing with cumbersome tendering procedures can be a hassle. It's a tough decision to make.
DO
Dominque
1 year ago
But what if the external suppliers are overcharging? That could be a big factor to consider.
MA
Marcos
1 year ago
I agree, having in-house competencies is definitely an advantage.
AN
Annice
2 years ago
I'm going with B. Having the right skills and resources in-house is key for making production decisions. Who cares if the other suppliers are using older tech? As long as we can do it better ourselves!
CH
Cheryl
1 year ago
I agree, external sourcing can involve cumbersome tendering procedures, so it's better to make the requirements internally.
MA
Margo
1 year ago
I think external suppliers can sometimes overcharge, so it's better to have in-house competencies.
MA
Martin
1 year ago
Yeah, it's important to have the capacity to carry out production internally.
BR
Broderick
1 year ago
I agree, having the right skills and resources in-house is crucial for production decisions.
RO
Rory
2 years ago
I'm torn between B and C. While in-house competencies are important, if the external suppliers are overcharging, that could also justify making the requirements internally.
AR
Argelia
1 year ago
B) The availability of in-house competencies and capacity to carry out the production
MA
Magda
2 years ago
A) The other suppliers are using older technology
VA
Vanda
2 years ago
B seems like the correct answer. If the company has the in-house capabilities and capacity to produce the requirements, that would be a strong reason to make them internally.
CO
Corrina
1 year ago
User 4: Agreed, it's important to consider all factors before making a decision
LE
Leota
1 year ago
User 3: Definitely, it would save time and possibly costs too
RI
Rima
2 years ago
User 2: That makes sense, it would be more efficient to make them internally if we have the skills and resources
LO
Lourdes
2 years ago
User 1: B) The availability of in-house competencies and capacity to carry out the production
KA
Kaycee
2 years ago
But what if external suppliers are overcharging? That could be a factor to consider too.
AH
Ahmad
2 years ago
I agree with Carolynn. It's more cost-effective to make requirements internally.
CA
Carolynn
2 years ago
I think the availability of in-house competencies and capacity is important.