A Firm Whose Primary Business Is in a Line of Regional

question 49

Multiple Choice

A firm whose primary business is in a line of regional grocery stores would be most likely to have to include which of the following facts, if true, in the firm's management discussion and analysis (MD&A) ?

• A)that a large number of funds were allocated to advertising to increase awareness of the firm's brand in new areas it had expanded into this year
• B)that some senior members of the management team have retired in this financial year
• C)that the firm has plans to expand into the organic food business in the next financial year by purchasing
• Several small organic food retailers
• D)that the company has lost a class action suit brought against the firm by its employees and is expected to have to pay a large amount of damages

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Definitions:

Iron Ore

A naturally occurring mineral from which iron (Fe) is extracted to make steel and various other products.

Wildlife

Wild animals collectively; the native flora and fauna in a particular region not domesticated or cultivated by humans.

Mining Firm's Output

The total amount of minerals or resources produced by a mining company within a specific time period.

Total Cost

The sum of all costs associated with the production of goods or services, including fixed and variable costs.