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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.
Collins Dictionary of Economics, 4th ed. © C. Pass, B. Lowes, L. Davies 2005
References in periodicals archive ?
It steps systematically through the phases defined by the component and performs checks, such as whether the required makefile fragment is provided, whether a NUOPC driver can link to the component, and whether error messages are generated if the required inputs are not supplied.
To build for Android, you need to have at least two makefiles: Android.mk and Application.mk.
It is assumed that the reader is familiar with the fundamentals of the Linux operating system, the makefile utility, Fortran 90, and C.
If you write your 'Makefile's or scripts in every directory so they have to know the relative positions of everything else, you wind up requiring the entire repository to be checked out.
* CIC++/Fortran support -, Allows developers to compile and execute Fortran, C and C++ code, including syntax highlighting and makefile support.
We have compiled the benchmarks using the DEC/Compaq cc compiler with the following optimization options as specified by the SPEC Makefile: -migrate -std1 -O5 -ifo -non_shared.
Our interface replaces a single line in the standalone makefile, namely,
A new THINK Reference Compiler is featured on the CD-ROM with support for AppleEvents and larger makefiles. Simply drop a makefile on the compiler to compile large directories of HTML documents into a single, compact THINK Reference database.
This means that in this particular case derived objects do not depend on the makefile itself.
LivePublish also has an index sheet based on extensible style language (XSL), and its "makefile" and site administrator tools use XML to define and configure the contents of LivePublish sites.