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1. Explain the redefined relationship between ‘value’ and ‘low cost’ in blue ocean strategies. What is the traditional basis of ‘competitive advantage’ in red ocean strategies?

2. When preparing a registration statement, what steps can attorneys and paralegals follow to ensure that due diligence is used to provide factual information about the corporation?  

3. Consider the supply chain illustrated below: Last month, the retailer’s weekly demand was 200, 500 ,600 and 400. The variances of orders were 500, 700, 850 and 1200 for the retailer, wholesaler, distributor and manufacturer, respectively. a) Calculate the bullwhip effect for each member of the supply chain. b) Which member appears to be contributing to the most to the bull whip effect in this supply chain? c) What negative consequences may result for this member?

Operation Management, Management Studies

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