Question 01 A. Flex Sonic is an international electronic device component manufacturing company based in the UK that provides its Electronic Manufacturing Service (EMS) for well-known brands. The company has achieved a remarkable name in the industry as a company that provides low- cost electronic components. At the board meeting, which was held recently, the board of directors decided to establish one of their manufacturing plants in Sri Lanka to achieve their low-cost strategy. Mr. William, the operations manager of Flex Sonic, has been assigned the task of developing an operational strategy for its newly established manufacturing plants in Sri Lanka. You, as an undergraduate who learned operations management, advise Mr. William on different perspectives that can be put together to form the content of an operations strategy to achieve its companywide low-cost strategy. (8 Marks)