Read the given article on "Managing Global Supply Chain" and answer the following questions based on it within the given time frame.

Article:

Global supply chain management refers to the coordination and management of the flow of goods and services across international borders. In today's globalized economy, managing a global supply chain can be challenging due to the complexities involved, such as managing cultural differences, navigating regulatory requirements, and dealing with logistical challenges. To overcome these challenges, organizations need to adopt effective strategies to manage their global supply chain.

Questions:

What is global supply chain management?

What are the key challenges in managing a global supply chain?

How can organizations manage cultural differences in a global supply chain?

Why is it important for organizations to comply with the legal and regulatory requirements of different countries?

What are the effective strategies for managing a global supply chain?

How can technology solutions help organizations to improve their supply chain operations?

What is risk management, and how can it help organizations to manage their supply chain operations?

What are the benefits of building strong relationships with suppliers, customers, and other stakeholders in the supply chain?

Can you think of an example of a company that has effectively managed its global supply chain? Describe what the company does, its strategies and their impact.

What are the potential risks of not effectively managing a global supply chain?