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andreev551 [17]
2 years ago
6

General Mills collects data on​ sales, customer​ information, preferences, and a host of other information related to the​ Go-gu

rt product. General Mills most likely uses​ a(n) _____________ to collect and store this data.
Business
2 answers:
Yuri [45]2 years ago
6 0

<u>General mills collect data on sales, customer information, preferences, and a host of other information related to the Go-gurt product. General mills most likely use a marketing information system to collect and store this data.</u>  

Further Explanation:

Marketing Information system:

A marketing information system is a type of management process which can be utilized to store and collect the data. This is a formal technique to collect and store the data. The company general mills used this technique of storing data.  

Following are the sources where the company can collect and store the data:

• Sales

• Customer information

• Customer preferences

This system is important because it strengths the company about which product is more demanded in a particular market in a particular period. It is also taken into consideration, the specific needs of the customer. As the data is directly collected from the customer, there is no discrepancy in the product need by the customer and the produced goods of the customer.  

Learn more:

1. Learn more about resource management activity

<u>brainly.com/question/10700933 </u>

2. Learn more about management characteristics

<u>brainly.com/question/10649225 </u>

3. Learn more about demand and supply

<u>brainly.com/question/11045011 </u>

Answer details:

Grade: Middle School

Subject: Marketing

Chapter: Marketing information system

Keywords: general mills, collect, data on sales, customer information, preferences, Go-gurt product, marketing information system, strengths, company, specific needs, customer, formal, utilized.

kvv77 [185]2 years ago
4 0

General Mills is most likely using marketing information system in collecting and storing data. A market information system is being used in order to support the decision making of the market in which the data is composed of stored, analyzed and gathered data in which is being distributed to the managers.

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Serhud [2]

Answer:

48.65%

Explanation:

Since the average time it takes car drivers to fill their tanks is exponentially distributed at 7.5 minutes, we can elaborate an exponential formula to calculate the number of times a gas tank can be filled in a certain period of time:

e⁻ˣ/ⁿ

  • e = 2.718
  • x = 5 minutes
  • n = 7.5 minutes

= 2.718⁻⁵/⁷°⁵ = 0.5134

now, the probability that a driver can fill his/her tank in less than 5 minutes = 1 - 0.5134 = 0.4865 or 48.65%

4 0
2 years ago
Read 2 more answers
On October 29, 2017, Lobo Co. began operations by purchasing razors for resale. Lobo uses the perpetual inventory method. The ra
sveta [45]

Answer:

a. Nov 11, 2017

Dr Cash $4,900

Cr sales $4,900

Nov 30, 2017

Dr Warranty expense $294

Cr Estimated warranty Liabilities $294

Dec 9, 2017

Dr Estimated warranty Liabilities $196

Cr Cash $196

Dec 16, 2017

Dr Cash $14,700

Cr sales $14,700

Dec 29, 2017

Dr Estimated warranty Liabilities $392

Cr Cash $392

Dec 31, 2017

Dr Warranty expense $882

Cr Estimated warranty Liabilities $882

b. Jan 5,2018

Dr Cash $9,800

Cr Sales$9,800

Jan 17,2018

Dr Estimated warranty Liabilities $462

Cr Cash $462

Dec 31,2018

Dr Warranty expense $588

Cr Cash $588

Explanation:

a. Preparation of the journal entries to record above transactions and adjustments for 2017

Nov 11, 2017

Dr Cash $4,900

Cr sales $4,900

(Being to record razors sold for cash)

Nov 30, 2017

Dr Warranty expense $294

Cr Estimated warranty Liabilities $294

($4900*6%)

(Being to record warranty expense)

Dec 9, 2017

Dr Estimated warranty Liabilities $196

Cr Cash $196

(14 razors*14)

(Being to replaced 14 razors)

Dec 16, 2017

Dr Cash $14,700

Cr sales $14,700

(Being razors sold for cash)

Dec 29, 2017

Dr Estimated warranty Liabilities $392

Cr Cash $392

(28 razors*14)

(Being to replaced 28 razors)

Dec 31, 2017

Dr Warranty expense $882

Cr Estimated warranty Liabilities $882

($14,700*6%)

(Being to record warranty expense)

b. Preparation of the journal entries to record above transactions and adjustments for 2018

Jan 5,2018

Dr Cash $9,800

Cr Sales$9,800

(Being to record razors sold for cash)

Jan 17,2018

Dr Estimated warranty Liabilities $462

Cr Cash $462

(33 razors*14)

(Being to replaced 33 razors)

Dec 31,2018

Dr Warranty expense $588

Cr Cash

(6%*$9,800) $588

(Being to record warranty expense)

5 0
2 years ago
Trevor always begins the day with a strawberry milkshake (milk (x1 ) and strawberries(x2) mixed in proportion 1:5). His income i
jenyasd209 [6]

Answer:

Check the explanation

Explanation:

Going by the question that the proportion of milk and strawberry for milk shake is 1:5.

If amount of milk is to be X1 that means the quantity of strawberry (X2) will be 5×X1, i.e., X2=5X1... Equation 1

And in addition, the milk and strawberry are complementary consumables as strawberry is of no use without milk and vice versa.

Budget equation will be as follows:

P1×X1+P2×5X1=M.... Equation 2

Given M=200, P1=15 & P2=1

Putting values in Equation 2

15×X1+1×5X1=200

X1=10 & X2=50(from equation 1)

Answer a)

With change in P1 from 15 to 5

Again putting values in Equation 2

5×X1+1×5X1=200

X1=20 & X2=100.

The total change in the demand of milk will increase from 10 units to 20 units.

Answer b)

Strawberry and milk are complementary goods here for that reason there would be no effect on substitution.

Answer c)

Since there will be no effect on substitution, total effect will be equal to income effect.

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Gala2k [10]

Answer:

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Explanation:

In this question, we have to apply the accounting equation which is shown below:

Total assets = Total liabilities + shareholder's equity

where,

Total assets = Inventory + Cash + Net Property, Plant, & Equipment + Accounts Receivable

= $325,000 + $150,000 + $600,000 + $30,000

= $1,105,000

Total liabilities = Notes payable + account payable

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                        = $145,000

And, the shareholder equity = Common stock + retained earnings

Now put these values to the above formula

So, the answer would be equal to

$1,105,000 = $145,000 + $750,000 + retained earnings

$1,105,000 = $895,000 + retained earnings

So, retained earnings = $210,000

7 0
2 years ago
When only one party to a contract is mistaken about a material fact that is the subject matter of the contract, that party will
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It would be a. hope that helps
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