Jimmy Dean Inc. is the largest manufacturer of breakfast foo…
Jimmy Dean Inc. is the largest manufacturer of breakfast food items in the United States. Obviously, one of the key ingredients for breakfast food products = chicken eggs. Earlier in the year, there was a rampant spread of “bird flu” which dramatically affected the egg-laying chicken population in the United States. Due to this, the production of eggs was significantly reduced leading to a nationwide shortage. This led to the price of eggs increasing by over 50% in the months of January, February, and March of this year. What type of risk does the above situation pose to Jimmy Dean Inc.?