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Introduction to Economics

S/E/219. Determinants of company's make-or-buy decision

WORDS:
2400
DATE:
2010
PRICE:
29.99 GBP

The paper looks at the companies' make-or-buy decisions examining the factors that determine the decision to buy or to manufacture, and discussing it in the context of liberal market economies and coordinated market economies built on long-term visions and goals. The relationships between buyer and supplier are discussed drawing examples from the Japanese business system, the US manufacturers, etc.

 

KEYWORDS: make-or-buy decision, liberal market economy, coordinated market economy, buyer and supplier relationship, manufacturing,

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