Question 1: Identify and discuss the steps for Developing the Business Strategy. Explain what is meant by the term competitive priority and describe the four types of competitive priorities.
Question 2: Describe Supply Chain and Supply Chain Management. Discuss three Components of Supply Chain.
Question 3: What is Bullwhip Effect? Explain the results of Bullwhip Effect and discuss the four major causes of Bullwhip effect.
Question 4: Why product/service designs are important for organizations? Identify and briefly discuss the four steps of product design process.