1. A company must choose whether to manufacture a component product in-house or to outsource the work to a third party. Making the component would necessitate spending money that would never be recouped on expensive machinery. Many currency experts predict that the most effective suppliers will be based in nations whose currencies will rise significantly over the next decade. Is it better to (a) make the part in-house or (b) have it made by a third-party provider, and why? In your opinion, which one should you go with? Why?