All the options are correct choices in the build-borrow-or-buy framework
A build-borrow-or-buy framework is a decision-making tool used to help organizations determine the most appropriate way to acquire the resources needed to achieve their goals. Organizations must consider factors such as cost, time, expertise, and strategic fit. The three options considered in this framework are:
Build: This involves internally developing the resources required in-house. This may involve hiring new staff, training existing staff, or investing in new technologies or equipment.
Borrow: This involves acquiring the resources needed through strategic alliances or partnerships. Here there is a collaboration with other organizations, outsourcing of certain tasks, or licensing technology.
Buy: This involves acquiring the resources needed through acquisition or purchase. This may involve buying an existing company or product or purchasing technology or expertise from a third party.
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