Question

Cost is the only significant consideration that a company must factor into its decision to own and operate a warehouse, as opposed to hiring an outside firm.

a) true
b) false

Answer 1

No, cost is not the only significant consideration when deciding to own and operate a warehouse instead of hiring an outside firm.

No, it is false that cost is the only significant consideration when deciding to own and operate a warehouse instead of hiring an outside firm. While cost is an important factor, there are other considerations as well. For example, owning a warehouse gives a company greater control over storage and inventory management. It also allows for customization and flexibility in warehouse layout and operations. By contrast, hiring an outside firm may offer convenience and potential cost savings, but it may also limit control and flexibility.