Meaning of “make-or-buy” in the English Dictionary

business-english dictionary

"make-or-buy" in Business English

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make-or-buyadjective

uk us

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)