1. In 300 words, discuss the role of norms on teams. Post your response with at least two citations/sources.
2. Pick a Canadian industry that might have an international competitive advantage and use Porter’s national diamond framework to explain it.
3. Southwest airlines has an agreement to buy jet fuel from Exxon. The goal is to minimize total cost (i.e., ordering cost and holding cost). The annual demand for fuel is 2.766 million gallons. Exxon charges Southwest $3463 to process each order. Southwest airlines incurs a holding cost of $0.8 per gallon. Answer: How often does Southwest need to place orders with Exxon? What is the inventory level (re-order point) at which Southwest needs to place an order if the lead time for orders is 10 days?