Following are examples of typical economic decisions made by the managers of a firm. Determine whether each is an example of what, how or for whom.
a- Should a company make its own spare parts or buy them from an outside vendor ?
b- Should the company continue to service the equipment that it sells or ask customers to use independent repair companies?
c- Should a company expand it's business to international markets or concentrate on the domestic market?
d- Should the company replace it's own communications network with a virtual private network that is owned or operated by another company?
e- Should the company buy or lease the fleet of trucks that it uses to transport it's products to market?