make


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Related to make: make money

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 ?
Then came the "floorsman," to make the first cut in the skin; and then another to finish ripping the skin down the center; and then half a dozen more in swift succession, to finish the skinning.
I am sure there is Magic in everything, only we have not sense enough to get hold of it and make it do things for us--like electricity and horses and steam.
And as I have been always told, and found true by experience in my travels, that flying or discovering fear before a fierce animal, is a certain way to make it pursue or attack you, so I resolved, in this dangerous juncture, to show no manner of concern.
In short, as the Constitution has taken the utmost care that they shall be men of talents and integrity, we have reason to be persuaded that the treaties they make will be as advantageous as, all circumstances considered, could be made; and so far as the fear of punishment and disgrace can operate, that motive to good behavior is amply afforded by the article on the subject of impeachments.
As for Euryalus he will have to make a formal apology and a present too, for he has been rude.
Five dollars per day, in gold, it is believed, will be a fair calculation to make for all traveling expenses onshore and at the various points where passengers may wish to leave the steamer for days at a time.
I did not see how this could make her the merry mother she used to be, but I was told that if I could not do it nobody could, and this made me eager to begin.
I am getting 800 pounds a year, and only fancy it, he says he'll see that the directors make me a special grant.
But you've seen me in business a long time now, and you know I don't make a practice of raiding the poor people.
The Bug made some of the words long afterward, and so did others of us make words from time to time.
It had absolutely taken me almost as long to manufacture a half-a-crown feloniously as it takes a respectable man to make it honestly.
You are such a genius for planning and working wonders, that I throw myself upon you and ask, 'How shall I make a spring wardrobe out of nothing?