An automobile manufacturer has decided to allow outside suppliers to bid on all parts necessary to...
An automobile manufacturer has decided to allow outside suppliers to bid on all parts necessary to make its vehicles. What qualitative factors should be considered by management in deciding whether or not to turn over the production of a part to an outside supplier?
Homework Answers
Following qualitative factors should be considered by management
- suppliers' trustworthiness
- the quality of their products
- experience of the business' production department
- the quality of its management.
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