1. A firm’s strategy should describe how it intends to create and sustain value for ______. 2. A…

1. A firm’s strategy should describe how it intends to create and sustain value for ______. 2. A diagram that shows how a company’s strategy is delivered by a set of supporting activities is called a _____________. 3. In implementing supply chain strategy a firm must minimize its total cost without compromising the needs of its ________________. 4. Risks caused by natural or manmade disasters, and therefore impossible to reliably predict, are called __________________. 5. The assessment of the probability of a negative event against the aggregate severity of the related loss is called _____________________________.