Influence make versus buy decision for the components

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You are a procurement and supply manager at a company that manufactures and assembles construction equipment. The company is about to launch a project to develop a new tractor. Based on the above scenario, answer the following questions:

• What are the factors that influence a "make versus buy" decision for the components that make up the tractor bill?

• What is the importance of developing a financial strategy? Provide examples to support your reasoning.

Reference no: EM131114631

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