Purchasing Services requires a definition of Best Buy What are two trade offs this definition must take into account? (Points : 5) 2. What is a good example of a service which is high in INTANGIBLES (other than hospital example used in the textbook)? (Points : 5) 3. What are two (2) reasons organizations are outsourcing more services in the last 15 years? (Points : 5) 4. What are two (2) elements necessary to successfully manage third-party providers? (Points : 5) 5. Identify five (5) reasons which may lead an organization to "make" instead of "buy" outside services. (Points : 5) 6. Identify five (5) reasons which may lead an organization to "buy" rather than "make" in house. (Points : 5) 7. Subcontractors can only exist when... (complete this sentence) (Points : 5) 8. When a decision is made to "insource" what justifies changing a past decision? Please give three (3) possible reasons. (Points : 5) 9. Many unions perceive "outsourcing" with concern. Identify five (5) of the major reasons they are concerned. (Points : 5) 10. Briefly (100 words or less) explain three (3) good reasons why Purchasing should be deeply involved in the corporate decision to outsource. (Points : 5)