1. Briefly define strategy, business process and analytics in operations management.
   1. Name the five major processes in operations and supply chain management?
   2. How do you think the current changes in the globalization of supply chain and AI technologies are shaping the supply chain management practice?
   3. The environmental-social-governance (ESG) practice requires companies to report their greenhouse gas (GHG) emissions across their Scope 1, Scope 2 and Scope 3. Give a brief description of What is included in each of these three Scopes.
   4. Risk management in the supply chain/operations is a multi-step process. Briefly explain these steps. How do you prioritize risks?
   5. Match the following common risks with the appropriate mitigation strategy:

2. 	Country risks	A:	Detailed tracking, alternate suppliers
   	Regulatory risk	B:	Carefully select and monitor suppliers
   	Logistics failure	C:	Contingency planning, insurance
   	Natural disaster	D:	Good legal advice, compliance
   	Major quality failure	E:	Currency hedging, local sourcing