Which of the Following Statements Is True About Tyson Foods

question 21

Multiple Choice

Which of the following statements is true about Tyson Foods, Inc.?

• A)The company has faced synchronized movements in the prices of its inputs in the recent past.
• B)Tyson has been able to keep its chicken prices more or less stable over the last five years because the prices of its major inputs have not fluctuated too much.
• C)The company restructured itself to deal with the more complex risks associated with the business today.
• D)Tyson assigned responsibilities of risk management to employees familiar with the different commodities it handled in order to establish a self-contained unit.

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Definitions:

Optimum

The most favorable condition or level of something, where benefits are maximized and negative effects are minimized.

Normal Goods

Normal goods are goods for which demand increases as the income of consumers increases, showing a positive relationship between income and demand.

Income Increases

The rise in earnings received by an individual or household, which can impact consumption, savings, and investment behaviors.

Opportunity Cost

Opportunity cost represents the value of the best alternative foregone when a decision is made to choose one option over another.