Final answer:
Outsourcing decisions with respect to manufacturing products are called make-or-buy decisions. This refers to the decision-making process of whether a company should produce a product in-house or outsource it to another company.
Step-by-step explanation:
The outsourcing decisions with respect to manufacturing products are called make-or-buy decisions. This refers to the decision-making process of whether a company should produce a product in-house (insourcing) or outsource it to another company (outsourcing). For example, a company may decide to make a product internally if it has the necessary resources and expertise, or it may choose to buy the product from an external supplier if it is more cost-effective or specialized in that particular area.