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Then answer the following questions about the Salt Lake Olympics:(Each answer should preferably take two to five sentences. Do go longer if necessary.)

1) What was the biggest challenge for SLOC to deal with in organizing a successful Olympics?

2) Which outstanding problem was crucial and what needed to be done to solve that?

3) Why did Romney drive to reassess the budget and draw up a new one (albeit still one that's in deficit)?

4) Why did Romney feel that he needed a COO?

5) Why did Bullock feel the need to reorganize the staff and functions of the organization?

6) What was the most difficult thing in the reorganization?

7) Why was a silo style of staffing not appropriate for the SLOC?

8) What are the differences between organizing an Olympics and running a corporation?

9) How essential was it for the SLOC to have a time plan and how crucial was it to stick to that schedule?

10) How important is it for the SLOC to have simulation and tests conducted even if it was not according to the expected scale the Olympics would have been?

11) Summarize the key points of the case. What can we learn from it and are the lessons learnt here transferable to other industries or businesses?