make

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Related to made for: Work made for hire

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 ?
Antonia and Yulka came running out, wearing little rabbit-skin hats their father had made for them.
All passages must be paid for when taken, in order that the most perfect arrangements be made for starting at the appointed time.
In two days more we passed the great China wall, made for a fortification against the Tartars: and a very great work it is, going over hills and mountains in an endless track, where the rocks are impassable, and the precipices such as no enemy could possibly enter, or indeed climb up, or where, if they did, no wall could hinder them.
Just as the canoe was drawing near, he turned suddenly round and made for it, with a horrible snarl and a tremendous show of teeth.
Structil, a unit of Group SNPE in Vert-le-Petit, France, showed a camera tripod made for Gitzo SA in France.
The cultural relationship and contacts of Native Hawaiians with the Maori of New Zealand who provided the early impetus for FGC, the small size of the state, and its pattern of political-bureaucratic centralization allowing for statewide adoption of a uniform program, all made for statewide adoptability of this innovation.
645 election will be made for a QRT, the trustee is not required to file Form 1041 for the short taxable year of the QRT beginning with the decedent's death and ending Dec.