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Financial decision making T6D1

Financial decision making T6D1

Q What other ways, besides relevant costs, could be used to analyze a make-or-buy decision? Cite any references used. Participate in follow-up discussion by reviewing your classmates' posts, adding additional information, asking questions, or responding to follow-up questions posed by your instructor.

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Other than costs, there are a couple of factors that can actually influence the make or buy decision. For quality concerned customers, the quality of the product is far more important than the cost of the product. This kind of nature is more prevalent with those who are cost insensitive. In other words, people who dot see cost as a constraint. I personally have seen individuals buying an orange paperweight for $8 whereas he could have got the same thing in light green variant for