ALLIANCE DESIGN CONCEPTS FOREIGN EXCHANGE RISK $1.$How do exchange rate fluctuations directly affect the bottom line $($profit$)$ of a small business, and thus present a risk to be managed? Can Alliance Design Concepts share the foreign exchange risk that it experiences with others in its supply chain $($e$.$g$.$ suppliers, customers$)?(20$ points$)3.$What are the relative strengths and weaknesses of the proposed risk mitigation strategies, in the specific context of Alliance Design Concepts? $(25$ points$)$