An effective supply strategy primarily focuses on linking: (Points : 1)                                   current needs to current markets.                                   future needs to future markets.                                   current needs to future markets.                                   future needs to current markets.                                   current and future needs to current and future markets.              2. The use of the concepts of purchasing, procurement, supply, and supply chain management will vary from organization to organization depending on: (Points : 1)                                  the organization’s stage of development and/or sophistication.                                   the industry in which they operate                                   the organization’s competitive position.                                   a and b.                                   a, b and c.              3. Three major challenges exist when setting supply objectives and strategies: (Points : 1)                                  adopting efficient electronic transaction systems, designing effective strategic supply processes, and increasing internal compliance with both.                                   effectively interpreting corporate and supply objectives, selecting appropriate actions to achieve objectives, and integrating supply information into organizational strategies.                                   hiring professionals educated specifically in supply management, providing them with technical expertise, and developing leadership skills for the long-term.                                   emphasizing strategic cost management, involving key suppliers early in the process, and measuring the reduction in total cost of ownership.                                   identifying internal stakeholders, building consensus among these stakeholders, and selling top management on the results.              4.                                 The most fundamental question facing an organization is whether to make or buy.                                           (Points : 1)                                                                           True                                                        False               5.                                 A corporate risk management group headed by a chief risk officer has emerged in many organizations to assess total risk exposure and develop strategies to best manage all risks.                                           (Points : 1)                                                                           True                                                        False               6. Evidence of the growth and influence of supply management in an organization includes: (Points : 1)                                  fewer activities under the management or control of supply.                                   more intense involvement in fewer supply chain activities.                                   involvement in strategic planning and mergers and acquisitions.                                   a clear delineation between supply and accounting.                                   merging of supply and accounts payable.              7.                                 The true test of supply’s contribution is when the chief executive officer and the management team recognize the value of supply and suppliers in reducing prices paid for goods and services.                                           (Points : 1)                                                                           True                                                        False               8. Linking supply strategy to corporate strategy is: (Points : 1)                                  essential only in manufacturing, and most have the mechanisms to link them..                                   essential only in the service sector, and most lack the mechanisms to link them.                                   essential in all organizations, and most have the mechanisms to link them.                                   essential in all organizations, and many lack the mechanisms to link them.                                   non-essential in most types of organizations.              9.                                 Supply makes a limited contribution to organizational risk management since most supply decisions have few downside risks that might impact the organization’s strategy.                                           (Points : 1)                                                                           True                                                        False               10.                                 Environmental-change strategies are designed to anticipate and recognize shifts in the natural world that affect supply availability.                                           (Points : 1)                                                                           True                                                        False  

Peer ReviewsAnswer the following questions in regards to the paper-word count 150-a.    Was this a disruptive innovation? Why or Why not?b.    Explain what type of intellectual capital protection this innovation might require.c.    Explain what creative thinking process was applied.d.    Explain what type(s) of technology might be used to support this innovation.e.    Describe how the success of the innovation will be measured.Will send attachment of the paper in relpy message

Imagine you are an executive for BP, and you are preparing a presentation for the board of directors about the organization’s direction.Create a 10- to 15-slide Microsoft® PowerPoint® presentation, with speaker notes, in which you address the following:·Evaluate the planning function of management as it relates to the organization’s goals and strategies. Use steps in the planning process outlined in the text.·Analyze the influence that legal issues, ethics, and corporate social responsibility have had on management planning at BP. Provide at least one example for each.·Analyze at least three factors that influence the company's strategic, tactical, operational, and contingency planning.Format your paper consistent with APA guidelines.