Assignment:
Make-or-buy decisions, outsourcing, and offshoring are all concepts involving many of the same considerations? Should a company that needs a specific item or service for the products it produces make the item or provide the service internally, or should the company acquire the item or service from outside of the company? What factors are relevant to this decision?
For this assignment, search the Online Library and the Internet for an example of a company that has made a make-or-buy decision. Provide an example of a company that has made this kind of decision. What considerations were involved in the decision made by this company?
In a two-page paper, identify the company and describe the details of the decision, including the factors that were considered during the preaward, award, and postaward phases of the contract management process.
Be sure to briefly explain each of the steps in the process. The make-or-buy decision is the initial decision a business makes in the contract management process. It determines whether there will be a contract management process at all since the business deciding to make what it needs will not have to enter into a contract with a buyer and seller.
You must support your answers to the required statements above with facts from a minimum of three sources.
Use correct APA formatting when writing your paper, including in-text citations and references