Discussion 1: Supply Chain Management

Please respond to the following:

• From the e-Activity, determine which best practices can be applied to the greatest number of small businesses. Explain your rationale.

• Analyze the principles of Total Quality Management (TQM) and Six Sigma in regard to quality control of a product or service, and make at least one recommendation for improvement. Explain your rationale.

Discussion 2: Managing Inventory

• Describe a retail business with which you are familiar and determine the most suitable means of inventory control. Provide specific examples to support your response.

• For the same business, discuss what innovative steps you could take to deter employee theft and/or shoplifting.

Discussion 3: "The Trouble with Aid"

Please respond to the following:

• Based on the lecture and Webtext materials, address the following:

o Identify the most significant problems with the way foreign aid is presently dispensed by international lending institutions. Then, discuss at least three recommendations that you would make to remedy this situation so that food, medical, and financial assistance actually reaches the poor.