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cost-benefit analysis
(redirected from Build Versus Buy)

    Also found in: Dictionary/thesaurus, Financial, Encyclopedia, Wikipedia 0.01 sec.
cost-benefit analysis (CBA),
a type of economic evaluation of medical care expense. It compares the expected monetary benefit derived from different health interventions with the expected cost of providing each of the interventions to determine the best or most profitable option.
cost-benefit analysis,
n the comparative study of the service or production costs of a service or item and its value to the subject.
cost-benefit analysis
see benefit-cost analysis.
cost-benefit analysis
Cost-benefit evaluation Clinical trials A form of economic analysis from a social perspective, in which the costs of medical care are compared with the economic benefits of the care provided, with both the costs and benefits being expressed in monetary units; the benefits evaluated include projected ↓ in future health care costs and ↑ earning as a result of the intervention of interest. Cf Cost-effectiveness analysis.
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The complexity surrounding large commercial risks has historically meant that it's easier to build your own, and a lot of insurers coming to us now in this line of business are saying, "It's come to the natural end of its lifecycle, should we build versus buy," because they've never considered buying off the shelf and there are a number of solutions coming out of the London market capable of doing that.
Balance shifts in build vs. buy: with Microsoft and Linux platforms ... by Tuohy, Cyril / Risk & Insurance
In this case however the value of this information is often only academic as in many areas the choice to build versus buy is just not common, practical, or available, making this approach inapplicable.
Comments on "A Time for Bold Thinking on Housing," New York Times, ... by Shure, Kenneth B.; Crosson, Stephen T. / Appraisal Journal
However, as with any build versus buy strategy, the art is not in simply acquiring the product but in combining the technology into a cohesive integrated offering.
M&A Impact: Legato Continues to Branch Out Via Acquisition by Computergram International
 
 
 
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