IBF Industries,Inc

question 55

Multiple Choice

IBF Industries,Inc.is a leading manufacturer and marketer of skin care and solar filters in the United States.The company is a market leader in the U.S.,and the demand for its products has been static over the last five quarters.In order to achieve better growth,the management is now planning to develop its business by entering the Canadian market.Which of the following information,if true,would most support the management's decision to develop the market?

• A) The Canadian online census conducted in the year 2011 showed that the number of people in Canada over age 60 would increase by over 30 percent in five years.
• B) The unemployment rate and unemployment benefit claims in Canada are reported to be higher than last year.
• C) The per capita income and the average purchasing power of the people in Canada have increased by two percent in last six months.
• D) The assent prices in Canada, such as homes and financial assets, have been decreasing for the last ten months.

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Definitions:

Suburbs

Residential areas located on the outskirts of cities, typically characterized by lower population density, individual housing, and a reliance on commuting.

Collective Farms

A form of agricultural production in which multiple farmers run their holdings as a joint enterprise.

Private Ownership

The holding of assets by non-governmental entities or individuals, allowing control and earning potential from those assets.

Soviet Union

A former federal socialist state in Eurasia that existed from 1922 to 1991, made up of 15 republics, and was the largest country in the world.