In business, we strive to predict what the future holds so we can adjust our business models, processes, and teams accordingly. Yet few could have foreseen or planned for the impact of Corona virus.  Mitigating the immediate impact of Corona virus while preparing for the future is critical.  In the short time since its discovery, COVID-19 has impacted our lives, communities, and work.

While various forms of disruption can be found almost everywhere, there are common themes. Businesses will need to explore new ways of working, refine their supply chains, adapt to unprecedented demand, and – all the while – protect cash flow as the situation develops.

COVID-19 is forcing many enterprises to redefine what a normal workday looks like. Thankfully, there are things you can do to ensure that everyone remains as productive as possible.  Digital working is essential. Not only can it support productivity and minimize feelings of isolation, but it will also help us all reduce the spread of COVID-19.

Supply chain is one of the areas most affected by COVID-19.  It will be critical to stabilize the supply chain for business
continuity and to support global communities.  

Answer the following questions

1.  Describe a product which experiences the bullwhip effect as a result of COVID 19.

2.  Given the current environment, describe what is more important — risk management or security management

3.  List some steps a firm can take to reduce supply chain risk and increase security.

4.  Explain why supply chain process management is so important to the success of supply chain trading partners.  Provide a “real world” example.  

5. 4-6 Page narrative required

6. Citation page and intext citations in APA format are required

7. Citation page dues not count in the 4-6 page narrative requirement. Citation page is in addition to the 4-6 page narrative.