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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 ?
A day after their engagement earlier this week, Jonas and Chopra also made time to visit the girls at the St.
She was a person, intelligent made time "But (Mr McCaff-erty) had insufficient time to avoid the collision (and) he was well within the speed limit."
When was the last time you made time for you to lose yourself in something you love?
While at the recent Wales in Bloom Launch at Bedwellty House and Park in Tredegar and inspired by one of the volunteer's (thank you Pat) passionate speeches about her childhood being spent in the gardens, I made time to explore the beautifully restored grounds.
NINE-yearold Heather Hawkins made time for a very special holiday experience when she visited the UK with her dad Jason.
The singer made time to visit orphanages and expressed her desire to open one herself in the future.
Ever the pro, the Italian even made time to pose for photos with the adoring crowd on the way back to the weighing room.
ISLAMABAD, July 16, 2009 (Balochistan Times) -- Welcoming the resumption of Pakistan and India composite dialogue process, Chairman Jammu and Kashmir Liberation Front (JKLF) Yasin Malik Thursday stressed that the negotiation process should be made time bound aiming to ensure the outcome.
McClelland and his staff always made time for me--to adjust some pins.
St George of England also made time and space for Year 6 children to have their leavers' assembly there.
The night was full of local musicians and even Lord Mayor Cllr Dave Batten, Coventry City chairman Joe Elliott, presenter Bob Brolly and Enemy drummer Liam Watts all made time in their busy schedules to be there, as did many others.