Question: 6. Why must supply chain risks be determined and managed? (3 marks) 7. From an economic point of view, provide a justification for product and

6. Why must supply chain risks be determined and

6. Why must supply chain risks be determined and managed? (3 marks) 7. From an economic point of view, provide a justification for product and service design or redesign. (2 marks) 8. State one consequence a firm is likely to suffer as a result of a lengthy product design. (1 mark) 9. Explain why quality is cited by CEOs and business leaders as the most important factor in the long-term profitability and success of the firm. (3 marks) 10. What production strategy would you say best describes the construction of the Akosombo dam? (1 mark)

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