Andy Dungy Owns a Company That Makes Apple IPod, IPhone

question 55

Multiple Choice

Andy Dungy owns a company that makes Apple iPod, iPhone, and iPad accessories. He is trying to increase his sales, primarily because he knows that increasing production lowers the average cost of each unit produced. The reason for growth illustrated in this example is:

• A) economies of scope
• B) market leadership
• C) influence, power, and survivability
• D) need to accommodate the growth of key customers
• E) economies of scale

---

Definitions:

DNA

Deoxyribonucleic acid, a molecule that carries the genetic instructions for the development and functioning of living organisms.

Posttranslational

Refers to the chemical modifications and processes occurring to a protein after it has been synthesized by ribosomes.

Translational

Pertaining to the process of translating the sequence of a messenger RNA (mRNA) molecule to a sequence of amino acids during protein synthesis.

Posttranscriptional

Pertains to the alterations and processes that RNA molecules undergo after they are transcribed from DNA but before they are translated into proteins.