Given the question: Information: - Jeronimo Martins SGPS, SA (JM) is a Portuguese corporate group that operates in food distribution and consumer products manufacturing. It operates around 3,600 stores in Portugal, Poland, and Colombia. The group is the majority owner of Jeronimo Martins Retail (JMR), which operates the Pingo Doce super- and hypermarket chain in Portugal. JMR has been run as a 51%-49% joint venture with the Dutch firm Ahold since 1992; in November 2006 Ahold announced its intention to sell its interest but it continues to search for a buyer as of 2009. - Central Europe lies between Eastern Europe and Western Europe. The concept of Central Europe is based on a common historical, social and cultural identity. Central Europe is going through a phase of "strategic awakening", with initiatives such as the CEI, Centrope or V4. While the region's economy shows high disparities with regard to income, all Central European countries are listed by the Human Development Index as very highly developed. - Biedronka is the biggest chain of no frills supermarkets in Poland with over 2,600 shops and 55,000 employees ( 2015 ) . It is owned by the Portuguese company Jeronimo Martins . Literally , the name translates as ladybug which is the logo of the company . Biedronka sells mainly local ( Polish ) products , much of which are manufactured specially under the company 's own label . It is one of the best recognized companies in Poland ( 98 % of the population ) and is targeted at lower - income customers . It also sells some Portuguese - made products , mostly wine . In 2013 90 % of the product range were Polish - made . - A no-frills or no frills service or product is one for which the non-essential features have been removed to keep the price low. The term "frills" originally refers to a style of fabric decoration. Something offered to customers for no additional charge may be designated as a "frill" - for example, free drinks on airline journeys, or a radio installed in a rental car. No-frills businesses operate on the principle that by removing luxurious additions, customers may be offered lower prices. - Pingo Doce is one of the largest supermarket operators in Portugal with almost 400 stores (Continente, of Sonae Group, is the largest food retailer operating over 550 stores, and Minipreco, of Dia Group, is the chain with more stores c. 620). It belongs to the Portuguese group Jeronimo Martins and the Dutch group Ahold. In the 1990s, Jeronimo Martins acquired Brazilian supermarket chain "Se Supermercados", which became the Brazilian equivalent to Pingo Doce. In the early 2000s, Companhia Brasileira de Distribuicao / Grupo Pao de Acucar, bought out Se, rebranding its stores as Pao de Acucar and CompreBem. - A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Most joint ventures are incorporated, although some, as in the oil and gas industry, are "unincorporated" joint ventures that mimic a corporate entity. Key elements of a joint venture's design include: 1) the number of parties; 2) the geographic, product, technology and value-chain scope within which the JV will operate; 3) the contributions of the parties; 4) the structural form (each country has specific options, e.g. in the U.S. the main options are a C Corporation or an LLC/partnership structure); 5) the valuation of initial contributions and ownership split among the parties; 6) the economic arrangements, post-deal (e.g. Is the joint venture intended to general profits vs. operate as a cost-sharing or production-sharing venture; if a for-profit entity, will the parties share profits in proportion to equity ownership, or some other way?); 7) governance and control; 8) Talent/HR model (will the Jv have its own staff on own payroll vs. second staff from the parent companies; 9) contractual arrangements with the parent companies for inputs, outputs or services; 10) exit and evolution provisions? - A grocery store is a retail store that primarily sells food. A grocer is a bulk seller of food. Grocery stores often offer non-perishable food that is packaged in cans, bottles and boxes, with some also having fresh produce, butchers, delis, and bakeries. Large grocery stores that stock significant amounts of non-food products, such as clothing and household items, are called supermarkets. Some large supermarkets also include a pharmacy and an electronics section. - A supermarket, a large form of the traditional grocery store, is a self-service shop offering a wide variety of food and household products, organized into aisles. It is larger and has a wider selection than a traditional grocery store, but is smaller and more limited in the range of merchandise than a hypermarket or big-box market. - Radio is the technology of using radio waves to carry information, such as sound, by systematically modulating properties of electromagnetic energy waves transmitted through space, such as their amplitude, frequency, phase, or pulse width. When radio waves strike an electrical conductor, the oscillating fields induce an alternating current in the conductor. The information in the waves can be extracted and transformed back into its original form. - Belarus ( lat. ', ), officially the Republic of Belarus, formerly known by its Russian name Byelorussia (though this name is no longer used in Belarus itself, even in Russian language), is a landlocked country in Eastern Europe bordered by Russia to the northeast, Ukraine to the south, Poland to the west, and Lithuania and Latvia to the northwest. Its capital and most populous city is Minsk. Over 40% of its is forested. Its strongest economic sectors are service industries and manufacturing. Until the 20th century, different states at various times controlled the lands of modern-day Belarus, including the Principality of Polotsk (11th to 14th centuries), the Grand Duchy of Lithuania, the PolishLithuanian Commonwealth, and the Russian Empire. - An airline is a company that provides air transport services for traveling passengers and freight. Airlines utilize aircraft to supply these services and may form partnerships or alliances with other airlines for codeshare agreements. Generally, airline companies are recognized with an air operating certificate or license issued by a governmental aviation body. - In commerce, a hypermarket is a superstore combining a supermarket and a department store. The result is an expansive retail facility carrying a wide range of products under one roof, including full groceries lines and general merchandise. In theory, hypermarkets allow customers to satisfy all their routine shopping needs in one trip. The term "hypermarket" was coined in 1968 by French trade expert Jacques Pictet. - The European Union (EU) is a political and economic union of member states that are located primarily in Europe. It has an area of , and an estimated population of over 510 million. The EU has developed an internal single market through a standardised system of laws that apply in all member states. EU policies aim to ensure the free movement of people, goods, services, and capital within the internal market, enact legislation in justice and home affairs, and maintain common policies on trade, agriculture, fisheries, and regional development. Within the Schengen Area, passport controls have been abolished. A monetary union was established in 1999 and came into full force in 2002, and is composed of 19 EU member states which use the euro currency. - Poland, officially the Republic of Poland, is a country in Central Europe, situated between the Baltic Sea in the north and two mountain ranges (the Sudetes and Carpathian Mountains) in the south. Bordered by Germany to the west; the Czech Republic and Slovakia to the south; Ukraine and Belarus to the east; and the Baltic Sea, Kaliningrad Oblast (a Russian exclave) and Lithuania to the north. The total area of Poland is , making it the 69th largest country in the world and the 9th largest in Europe. With a population of over 38.5million people, Poland is the 34th most populous country in the world, the 8th most populous country in Europe and the sixth most populous member of the European Union. Poland is a unitary state divided into 16 administrative subdivisions, and its capital and largest city is Warsaw. Other metropolises include Krakow, Wrocaw, Pozna, Gdask and Szczecin. Given the information above, choose from the list below the object entity that exhibits the relation 'industry' with the subject 'biedronka'. Choices: - agriculture - airline - commerce - food - gas - human - manufacturing - oil - radio - retail - service
The answer is:
retail