Chapter 31: Bon BoulangeriePlease address the questions belo

Chapter 31: Bon BoulangeriePlease address the questions below.1. How does Ray’s strategic objective translate to the operational level, that is, what is his key operational objective(s) for the wholesale business line?2. What performance drivers, that is, the internal capabilities (e.g., people, processes, and systems), and external factors need to be present to achieve operational success?3. What are the risk factors that drive the uncertainty around achieving operational objectives?4. Provide pros and ConsChapter 30: Alleged Corruption at ChessfieldPlease address the questions below.1) What is your assessment of the situation at Chessfield? 2) What recommendations would you provide to the regulator?3.) Provide pros and ConsReferences:Fraser, J., Simkins, B., & Narvaez, K. (2014). Implementing enterprise risk management: Case studies and best practices. John Wiley & Sons.