20:55 0 . Vol) 4G MNO2601 Assignm..ester 2_2022 (1).pdf - Read-only . . . KN enquired about the option of outsourcing. Mr Mohan is sceptical about the outsourcing option, as he feels that an external entity will cost more. Should they outsource, Mr Mohan is also worried about the possible delivery problems. Adapted from chrome- extension://efaidnbmnnnibpcajpcglclefindmkaj/https://www.scdl.net/downloads/sample csopr.pdf 2 MNO2601 September 2022 Portfolio Assessment Question 1 [25] Thoroughly explain the option of outsourcing to the management team by answering the following questions: 1.1 Explain what outsourcing is. (2) 1.2 Discuss the "in-house versus the outsourcing" decision, in terms of how it will affect the operation's performance, with reference to the five performance objectives. (10) In-house Outsourcing 1.3Should the business decide to relocate in order to manufacture the valves themselves, indicate how changes in demand and supply will affect their location decision? (4) 1.4 What are the supply-side and demand-side factors in location decisions? (9) Supply side factors Demand side factors 3 III O