1. The manufacturing area has had a historical delay percentage of 7.9%. Management wants to verify that percentage using an alpha value of 7% and they are willing to tolerate an acceptable error of 2%. How large a sample will be necessary?
2. What are the primary competitive forces impacting U.S. steel producers in general and the producers like Nucor that make new steel products via recycling scrap steel in particular? Please do a five-forces analysis to support your answer.
3. Why must a balanced scorecard be balanced?