4. A company must decide whether to make a component part in-house or to outsource it to an independent supplier. Manufacturing the component requires a sunk-costly/non-recoverable investment in specialised assets. The most efficient suppliers are located in countries with currencies that might be expected to appreciate substantially over the next decade, as these economies strengthen. Identify the advantages and disadvantages of (a) manufacturing the component in-house, and (b) outsourcing manufacturing to an independent supplier. Choose an option that you would recommend and give reasons.