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 periodicals archive ?
Constituency one: Ali Isa Bu Farsan (second round winner)
When is the right time for a venture capital backed company to raise a 2nd round of funding?
With her best two rounds of the season, junior Dewi-Claire Schreefel helped guide the USC women's golf team to a third-place finish after two rounds of the 2007 Arizona Wildcat Invitational hosted by the Arizona National Golf Course in Tucson, Ariz.
In Detroit's Pontiac Silverdome, the games begin on June 18th with a First Round match between USA and Switzerland, and continue with the latter match-ups of Romania vs.
North Pole, Idaho - Fly to Spokane, Washington, starting from $286 round trip
For some reason, I heat up this time of year,'' Gore said after Sunday's round, which was played in 100-plus degree heat and heavy humidity -- conditions that forced 16-year-old Michelle Wie to withdraw during the second round because of heat exhaustion.
ALL YOU NEED IS ONE CORRECT ANSWER TO WIN ROUND TWO.
This offseason, the Detroit Lions have given up on Joey Harrington and the Washington Redskins dealt Patrick Ramsey, two of the three quarterbacks chosen in the first round in 2002.
As the 4th round champion, Tyler has won $100,000 in gold or cash (he chose cash) and will return to play in the game's finale round in November to compete for an additional $1 million.
In 16 previous editions of this tournament, players leading or tied for the lead entering the final round have combined for five victories - only one of those at Valencia.
The Fenwick & West Venture Capital Barometer(TM) -- which measures the change in share price of Silicon Valley companies funded during the quarter compared with the share price of their previous financing round -- was up 34% for the quarter.
Han, who opened play with a 65 that wound up sharing low round of the tournament, added a 68 in the fog- and wind-delayed second round that took parts of two days, then finished with another 68 Monday in another round spread over two days.