$1.$ Lisa is the purchasing manager for Winning Corp. Before making an international purchasing decision, Lisa understands that currency exchange rates can fluctuate and present several risks including portfolio risk, transaction risk, and structural risk. What should Lisa do if she feels that her company is exposed to a transaction risk?

a$.$ Place a forward buy of the foreign currency at a discount to lock$-$in the foreign exchange rate for the supplier.

b$.$ Focus on developing a long$-$term, collaborative relationships with the supplier and try to persuade them to share the risk.

c$.$ Diversify the supply base among different countries so that the company is not over exposed to the risk

d$.$ Account all revenue in the foreign currency and account for expenses in the home currency.

e$.$ Assess that the risk will not be too bad if the exchange rate does not change too much over time and do nothing