Which of the following TCO factors favors purchasing over buying?

The factor that favors purchasing over buying is access to new markets. This scenario highlights the strategic advantages that come with making a purchasing decision that aligns with entering new markets. By adopting a purchasing approach, companies can establish long-term relationships with suppliers, invest in local production, or adjust their supply chain to meet the demand of these new markets more effectively. This can lead to enhanced customer satisfaction and can help build a competitive edge in those markets.

Purchasing often entails longer-term commitments, which can be beneficial when exploring new markets that require a more stable supply chain. In contrast, the other factors. such as increased capital expenditures, reduced workforce, and more inventory oversupply, would typically encourage more transactional buying behaviors rather than strategic purchasing initiatives, as they may lead to cost-cutting or immediate resource management rather than long-term investment in growth opportunities.