Gilroy Crackers Enjoys a Competitive Advantage as a Cost Leader

question 97

Multiple Choice

Gilroy Crackers enjoys a competitive advantage as a cost leader because high demand for its products has allowed it to operate at the minimum efficient scale. Which of the following scenarios would be most concerning to the managers of Gilroy Crackers?

• A) Gilroy's leading competitor develops a new low-sodium product.
• B) Gilroy's most reliable production worker takes a job in another industry.
• C) A major winter storm shuts down Gilroy's production for several days.
• D) A wheat shortage raises input costs across the industry.

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Definitions:

Deoxynucleotide

A deoxynucleotide is a monomeric unit of DNA, consisting of a deoxyribose sugar, a phosphate group, and one of four nitrogenous bases: adenine, guanine, cytosine, or thymine.

DNA Strand

A DNA strand is one of the two polynucleotide chains that make up the double helix of DNA, carrying genetic information in the form of sequences of nucleotides.

CRISPR-Based Gene Drive

A genetic engineering technology that promotes the inheritance of a particular gene to increase its prevalence in a population, utilizing the CRISPR/Cas9 system to cut and replace DNA segments in a targeted manner.

Plant Virus

Infectious agents that can replicate only inside the living cells of plants, causing various diseases.