Help Professor Trice formulate a strategy for his company by going through the steps of strategy formulation. For ideas, search the Internet for other companies that provide visualization solutions.2.What capabilities does VT need to develop in order to pursue the strategy developed in question 1?How can Trice reconcile his goals for the organization with the needs of the marketplace?3.Compare the processes required to satisfy each customer on Trice”s client list. Consider the mix of equipment and personnel, the length and scope of each project, and the potential for future business. How do the requirements differ from the projects already completed by VT?4 .Which projects would you recommend to VT? Why?