INDIVIDUAL ASSIGNMENT$-$ CASE STUDY$$KUALA LUMPUR, May $26($Bernama$)--$ Petronas Dagangan Bhds net profit for the first quarter ended March $31,2024(1$Q $2024)$ declined to RM$226\mathrm{.}04$ million from RM$301\mathrm{.}84$ million a year ago.$$However$,$ its revenue expanded to RM$9\mathrm{.}39$ billion from RM$8\mathrm{.}65$ billion previously, attributed to a $7\mathrm{.}0$ per cent sales volume growth and a $2\mathrm{.}0$ per cent increase in average selling prices from its retail, commercial and convenience segments.$$The company said the better revenue was also driven by the continuous impact of promotional campaigns, growth in the fleet and transportation sectors and the tourism$-$driven rebound in passenger traffic.$"$Nevertheless$,$ profit was impacted by higher product costs and operating expenditures," it said in a stock exchange filing.$$Retail segment revenue increased by RM$636\mathrm{.}9$ million, or $14$ per cent, mainly contributed by a higher sales volume of $13$ per centwhile the commercial segment recorded a better revenue ofRM$104\mathrm{.}8$ million, or $3$ per cent, mainly due to higher average selling prices of $6\mathrm{.}0$ per cent, offsetting a lower sales volume of $3$ per cent.$$For the convenience segment, its revenue increased by RM$5\mathrm{.}9$million, or $9\mathrm{.}0$ per cent, contributed by higher demand for Kedai Mesra and Caf$$ Mesra during the quarter.$$On its outlook, Petronas Dagangan expects that the retail andcommercial business segments will continue to grow on theback of strong domestic economic activities and the recovery of the aviation industry while the convenience segment continues its focus on expanding Caf$$ Mesra and Kedai Mesra offerings.$$The group remains steadfast to maintain its performance throughout the year, enhancing its core business operations and fostering further growth, while cautiously monitoring thepotential impact that may arise from the domestic regulatorychanges as well as global challenges, it added. $-$ By Bernama May $21,202402$:$46$ PM

$$From the above article, please answer the following questions:$$a$)$ Summarize the article$$b$)$ Explain the background of PETRONAS.$$c$)$ Refer to the article, in what ways do you thinkPETRONAS will contribute to the economic growth of Malaysia? Please relate to any topics in Business Economics.