The term spirit's operation refers to authorized distilling, warehousing or processing operation that is conducted on the bonded premises of a plant that is qualified for this part. It involves two processes- fermentation and distillation. In the former, alcohol is created while in the latter alcohol is separated and removed.
The term competitive advantage refers to certain factors that allow a company to produce goods or services better or more cheaply than its rival factories. This way such a factory could generate more sales or superior margins, as compared to its market rivals.
Bottlenecking may occur in areas like engineering, inventory, customers as well as management.
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