Learning Goal: I’m working on a business report and need an explanation and answer to help me learn.Please answer the following questions.Part 1 should be atleast 2.5 pages double spaced times new roman 12 font. Part 2 should be atleast 1.5 pages. Part 1:A general description of the business including a brief history, the markets the company serves, the products and/or services offered, the locations of its plants/warehouses/retail outlets, etc. Part 2: Recommendations for improving the firm’s supply chain strategy. You can start with potential options and then outline why you feel that your recommendations are the best alternative. Although you do not have to do a detailed cost analysis, you should keep in mind that there are always cost/benefit trade-offs involved in undertaking new activities, so you should discuss the cost side as well as the benefit side when making recommendations. Finally, you can provide short-term (pandemic-related) strategies and longer-term strategies for the firm.