What is MAKE OR BUY DECISION?

To make a particular item in-house, or to buy it from a supplier as a more advantageous determination. Qualitative quality control and quantitative relative cost are factors considered in the choice.

More On This Topic



Link to This Definition
Did you find this definition of MAKE OR BUY DECISION helpful? You can share it by copying the code below and adding it to your blog or web page.
Written and fact checked by The Law Dictionary