Project Summary: This assignment has 2 parts which needs to be done separately. Part 1:You’ve developed a very popular, up-scale but reasonably priced, clothing fashion line for young people. You produce designs in a number of countries, manufacturing in low-cost locations, and with retail outlets in major U.S. and European cities. Demand is popping and you have access to plenty of production capacity and capital. Answer the following questions:(A)How should you organize the business outside of the U.S.?(B)Should you set-up reasonably independent companies, subsidiaries, in each foreign market?(C)What would that do and not do for you?(D)Or, do you want to impose a strict brand image, procedures, and central planning from headquarters, where your offices are?(E)What are the pros and cons of this approach?....