Question
Schmidt Dairy has been in business for 60 years. Ronnie's grandfather ran the business for over 35 years, and his father was in charge for
Schmidt Dairy has been in business for 60 years. Ronnie's grandfather ran the business for over 35 years, and his father was in charge for the next 25 years. Ronnie grew up in the business and will be the third-generation Schmidt to take the reins when his father retires at the end of the year. During his father's years overseeing the company, few changes occurred in the dairy operation. Minor production upgrades took place as automated equipment became affordable. Infrequently, new regulatory provisions were adopted. Fluctuations in market demand developed gradually.
During his father's years, Schmidt Dairy faced_______levels of environmental uncertainty.
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