Question
A) . What is meant by make or buy? What are the reasons for creating and buying, and what is considered the gray zone? Why
A). What is meant by make or buy? What are the reasons for creating and buying, and what is considered the gray zone? Why should an organization switch from buying to making? Which one of these approaches will be adopted for your Product Buying Report?
B). After watching the CNBC video:Will the U.S. Face a Food Shortage? Please answer the following questions.
https://www.youtube.com/watch?v=K6knVq8OfgY&t=7s
(i). With all the world regions realizing an impact on core food commodities, what are your thoughts on classifying the U.S. approach to the food supply? (ii). Is it a "make" or a "buy" decision? Please state which point of view you address the question from, i.e., the government, private companies, retailers, manufacturers, consumers, etc.
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