1. Risk-utility balancing refers to the fact that:
a. some products cannot be made completely safe
b. all products can be made safe if manufacturers are willing to spend enough money
c. some products are inherently dangerous and should be banned from the market
d. consumers will always manage to hurt themselves by improperly using products
e. manufacturers must disclose all risks to using their product before putting it on the market
2. Explain the supply chain macro-processes in a firm.
3. What are the three key supply chain decision phases?