Professional paper

The influence of the economics of functions on the decision whether to make or buy

Krešimir Buntak orcid.org/0000-0002-2209-690X ; Sveučilište Sjever, Sveučilišni centar Varaždin, Varaždin, Hrvatska
Nikoleta Šuljagić ; Sveučilište Sjever, Sveučilišni centar Varaždin, Varaždin, Hrvatska

Abstract

By continual tracking and analysis of expenses and efficiency of business functions timely mesures can be taken to stop observed negative trends as well as promote observed positive trends in business environment. Decisions made at the strategic level of management,mostly the decision whether it is more profitable to make or buy a product, are strongly influenced by the the status of expenses and efficiency of business functions.The term outsourcing has attracted a lot of attention of business circles for years when making the decision whether it is better to provide and sell secondary service in your own company or hire the other company to do it. Outsourcing has a lot of advanatages and for that reason it is considered to be one of the most important business trends nowadays.

Keywords

economics; make or buy; outsourcing; logistics; function

Hrčak ID:

138001

URI

https://hrcak.srce.hr/138001

Publication date:

15.3.2015.

Article data in other languages: croatian

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