solved IntroductionAs the Nokia/Ericsson case in Week 2 demonstrates, two companies

IntroductionAs the Nokia/Ericsson case in Week 2 demonstrates, two companies facing the same threat can respond in completely different ways. One company can be proactive and manage a threat so effectively that it can gain market share; while the other company has a delayed response, acts defensively, and loses market advantage. These examples highlight how supply chain risk management capabilities can become important competitive differentiators and enable high performers to capture important business benefits.InstructionsRead the Gary Lynch transcript and then individually answer the following:How can you take advantage of risks and capitalize on them in your own life?Identify three different industries and provide examples of how companies in those industries might be able to capitalize on supply chain risk.Each of your answers should be one to two pages long each12 font, times new roman double spaced.