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1. Nike products have short product life cycles. Apple products have short product life cycles. Do you expect a responsive or efficient supply chain? Do you expect more or less contract manufacturing? Do you expect more or less distribution centers?

2. Location decisions are usually long-term commitments and expensive. Assume you are scouting potential locations for a new Liberty's near the Palladium in High Point. What would be your top five list of things you would do, in the proper order, to evaluate potential locations?

3. Sierra-Nevada has grown slowly. In-N-Out Burger has grown slowly. What do both these firms have in common?

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