Week 2 discussion. Read the article titled How the U.S. LostOut on iPhone located in Week 2 of the online course shell. Youmay also view the article at http://www.nytimes.com/2012/01/22/business/apple-america-and-a-squeezed-middle-class.html?pagewanted=1&_r=1.Next recommend one approach that the American labor market cantake in order to lower the direct labor costs of technologyproducts while remaining competitive with the Asian market. Providea rationale for your response. Imagine that you are a ChiefFinancial Officer (CFO) of a company. Recommend tow (2) actionsthat you could take regarding the companys supply chain to reducemanufacturing costs of direct materials.