1.European companies prefer suppliers who have ISO 9001 certification. Please explain how ISO 9000 can improve supplier relationships and motivate business partners to provide the best possible products and services.

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2. Global sourcing has become commonplace. Firms expand their supply base to include foreign suppliers for many reasons, list three reasons why companies choose to source worldwide?

3.Briefly describe how RFID can be used to manage inventory.

Do you see any major challenges that the RFID industry facing on a global scale? Please explain

4.Quantitative forecasts use mathematical techniques that are based on historical data. Please list some types of quantitative forecasting methods and examples.

5.Provide three suggestions that service companies like printing services, beauty salons, restaurants, or delivery companies can apply sustainable sourcing and ethical sourcing ethical practices as they become aware of these trends. Provide an example of how this can happen.