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Guidelines Assignment 1 answers need to be computer type-written and uploaded on Moodle as Word/Pdf file. Each Assignment 1 sections need to be addressed separately. Student need to specifically mentioned their name, date, group as well as student id. Each part section need to be attempted on student's own words in at least 2 paragraphs and cite appropriate references Grades will be awarded based on specific-ness, practicality and integration of the concept. Avoid copying or sharing and if any paper/assessment found on the same will be awarded zero. Select any multinational company and explain the following based on Global Value Chain: INCOTERMS: (2 Mark each) 1. Explain common INCOTERMS used by company on international trade platform and the strong reasons using it 2. Explain the criteria how company chooses right INCOTERM and the problems/challenges with INCOTERMS. Procurement, Inventory Management and SCM (2 Mark each) 3. Explain with detail-oriented example how company's global supply chain platform enables to reduce their costs to provide global value proposition. 4. Explain in detail importance of company having effective relationships with suppliers and for developing meaningful processes for evaluating suppliers. 5. Explain in detail company's challenges in maintaining right global inventories (raw materials, WIP, Finished goods) as a result of demand variation especially during pandemic-COVID - 19