Within the Discussion Board area, write 600-800 words that respond to the following questions with your thoughts, ideas, and comments. This will be the foundation for future discussions by your classmates. Be substantive and clear, and use examples to reinforce your ideas:All character and company names are fictional and are not intended to depict any actual person or business.Viewto learn more about regulatory challenges. This scenario provides key information in helping formulate answers for assignments in Phases 3 and 4.You have scheduled a meeting with the newly combined management team of UWEAR and PALEDENIM for next week. In anticipation of the meeting, Tom Tramlin, the CEO, has sent you an e-mail requesting that you cover some topics for during your meeting with his team, as follows:Answer the following: