1. What are the five inputs and two outputs of an operations transformation process?
2. The Operations definition emphasizes decision, function and process elements of the organization. Briefly discuss the need to address these fundamental elements.
3. Why are environmental concerns and sustainability often addressed in the operations function?
4. Identify the two major aspects of the procurement business process.
5. How did Government regulation (or lack of regulation) contribute to the Enron situation and the Housing financial crisis of 2008?