make

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make

or

buy

the decision by a firm on whether to make a component or product itself or to buy it from an external supplier (see OUTSOURCING). The decision will depend upon the combined production costs and TRANSACTION COSTS of the alternatives. Sometimes a firm may adopt mixes of the two policies, producing some quantity of the product itself and buying the remainder, depending upon the relative costs of the sources and security of supply considerations. See TRANSACTION for a more detailed discussion. See INTERNALIZATION, VERTICAL INTEGRATION.
References in classic literature ?
No discovery being made, which proved the lost man to be dead, it at length became necessary to release the person suspected of having made away with him.
At other times I thought that perhaps after all these treacherous savages had made away with him, and thence the confusion into which they were thrown by my questions, and their contradictory answers, or he might be a captive in some other part of the valley, or, more dreadful still, might have met with that fate at which my very soul shuddered.
But when he had made away with these two, and was about to sit down again by his fire, out from every hole and corner came black cats and black dogs with red-hot chains, and more and more of them came until he could no longer move, and they yelled horribly, and got on his fire, pulled it to pieces, and tried to put it out.
The demd old dowager will faint with grief and rage; the other two will say "He is married, he has made away with himself, it is a demd thing, it is all up
Had she known of the bone, the cap, and the handkerchief, she would have made away with them after she had gone back to her chamber at midnight.
By STELLA CHERONORobbers over the weekend broke into Habib Bank AG Zurich on Koinange Street and made away with an unknown amount of money.
The thugs made away with cash, alcohol and a few electronics after making their way to the main club.
Umoru had with his gang allegedly robbed the house of one John Onuzulike and made away with two iPad, two Nokia phone, a Toyota Highlander Jeep and N16,000 cash.
Mayor Multan Chaudhary Naveedul Haq said on the occasion that model markets should be made away from the main roads in order to maintain smooth flow of traffic.
The robbers made away with the cash the victim had on him.
Postgraduate photography student Jacqui Knight has been left devastated after criminals made away with four years of academic work when they broke into into her car in Llandaff, Cardiff.
He further narrates that during the alleged robbery, his attackers made away with unspecific amount of United States dollars and goods belonging to business people in Monrovia, and no arrested has been made since in connection with the case.