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English definition of “make-or-buy”

make-or-buy

adjective
 
 
PRODUCTION, WORKPLACE a make-or-buy decision is made by a company about whether it is better to make a product or provide a service itself, or to pay another company to make the product or do the work: As you make important decisions about capital equipment projects, sooner or later you'll be faced with the make-or-buy dilemma. Like all types of make-or-buy decision, outsourcing requires a sound business case. a make-or-buy decision/solution/question
(Definition of make-or-buy from the Cambridge Business English Dictionary © Cambridge University Press)
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