Question: QUESTION 1 a. Use a graphical representation and fully explain the concept of Operations and Supply Chain Management. b. Match the following common risks with

QUESTION 1 a. Use a graphical representation and fully explain the concept of Operations and Supply Chain Management. b. Match the following common risks with the appropriate mitigation strategy. Country risks A: Detailed tracking, alternate suppliers Regulatory risk B: Careful selection and monitoring suppliers Logistics failure C: Contingency planning, insurance Natural disaster D: Good legal advice, compliance Major quality failure E: Currency hedging, local sourcing c. What service industry has impressed you the most with its innovativeness? Why? d. What is product-service bundling and what are the benefits to customers

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