(a) Briefly describe the four main decision areas of operations strategy. As part of your answer also discuss the perspective of decomposition of the ratio (profit)/(total assets). [50 marks] (b) Discuss how should make/buy decisions be made considering the architecture of the product and whether the production depends on capacity and/or knowledge.

(b) Discuss how should make/buy decisions be made considering the architecture of the product and whether the production depends on capacity and/or knowledge.