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You have just been hired as a business consultant to determine what pricing policy would be appropriate in order to increase the total revenue of a bakery.The first step you would take would be to
IFRS 8
An International Financial Reporting Standard that focuses on operating segments, requiring certain disclosures about an entity's products, services, and geographical areas.
Disclosures
Notes and additional information provided in financial statements to give a complete understanding of the financial performance and position of the company.
Operating Segment
A component of an enterprise that engages in business activities from which it may earn revenues and incur expenses, including revenues and expenses related to transactions with other components of the same enterprise.
Total Revenues
The total income generated from primary activities like sales of goods or services before any expenses are subtracted.
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