Project Summary: This assignment has 2 parts: PART1: Create a hypothetical global corporation and answer the five basic questions that deal with production:(A)Where should production be located and should it be concentrated or dispersed?(B)What should be the long-term strategic role of foreign productions sites? Should the firm abandon a foreign site if factor costs change, or is there value to maintaining an operation at a given location even if economic conditions change?(C)Should the firm own foreign production or should production be outsourced?(D)How should a globally-dispersed supply chain be managed?(E)Should the firm manage the logistics or outsource their management?