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arsen [322]
4 years ago
11

Many consumers buy soft drinks and potato chips together when they shop at a grocery, convenience, or mass merchandiser store. B

ut when querying its marketing information system (MIS), one convenience store discovered that when consumers bought a sandwich, many also purchased toothpaste. This information was obtained from checkout scanner data from its stores nationwide. This convenience store used________ to extract this hidden information from its MIS to find the statistical link between the two product categories.
Business
1 answer:
Molodets [167]4 years ago
8 0

Answer:

Data mining

Explanation:

Data mining is the process in which we can extract the raw data into useful data that would become beneficial for the company.

Large data is available and if we take the data i.e important or useful so this process we called data mining

In the given situation, it is discovered that when the consumers purchased a sandwich so many customers purchased toothpaste along with it. And for extracting the hiding information from its MIS the store used the data mining technique.

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As a development requirement for his new job, Sanjit attended a seminar that focused on learning to listen better and giving and
lakkis [162]

Answer:

Skill building activities

Explanation:

From the activities illustrated in the question stating the different activities that sanjit need to participate in, so that he can be effective in his new job, we can classify the type of instruction as Skill building activities  because all these activities are aimed at ensuring that Sanjit develop his skill set in other to  successful in his new job.

Skill Building activities are training, support services given to people in other to help them improve in their work or other involvements  

7 0
3 years ago
Eve's Apples opened for business on January 1, 2018, and paid for two insurance policies effective that date. The liability poli
Nutka1998 [239]

Answer: 18,000

Explanation:

Liability policy:

Insurance\ expense\ per\ month=\frac{Prepaid\ Insurance\ for\ liability\ policy}{Period\ of\ policy}

Insurance\ expense\ per\ month=\frac{36,000}{18}

                                                            = 2,000

Insurance expense 2018:

= No. of months from 1 Jan 2018 to 31 Dec 2018 × Insurance expense per month

= 12 × 2,000

= 24,000

Prepaid insurance balance for liability policy on 31 Dec, 2018:

= Prepaid Insurance for liability policy - Insurance expense 2018

= 36,000 - 24,000

= 12,000

Crop damage policy:

Insurance\ expense\ per\ month=\frac{Prepaid\ Insurance\ for\ crop\ damage\ policy}{Period\ of\ policy}

Insurance\ expense\ per\ month=\frac{12,000}{24}

                                                            = 500

Insurance expense 2018:

= No. of months from 1 Jan 2018 to 31 Dec 2018 × Insurance expense per month

= 12 × 500

= 6,000

Prepaid insurance balance for crop damage policy on 31 Dec, 2018:

= Prepaid Insurance for crop damage policy - Insurance expense 2018

= 12,000 - 6,000

= 6,000

Therefore,

Total prepaid insurance balance on 31 Dec 2018:

= Prepaid insurance balance for liability policy on 31 Dec, 2018 + Prepaid insurance balance for crop damage policy on 31 Dec, 2018

= 12,000 + 6,000

= 18,000

7 0
3 years ago
Because of their sharp quality text output and fast printing speeds, ___ printers are often preferred by businesses.
RideAnS [48]

Answer:

Laser printer

Explanation:

Laser printers are quicker than inkjet printers (producing more pages per minute), generate higher-quality output (with some limitations), and are better suited for high-volume production. Laser printers produce significantly finer lines than inkjet printers, making them ideal for text, logos, and corporate information graphics.

5 0
3 years ago
Southeast Airline had retained earnings of $1.5 million, sales of $5 million and net income of $0.5 million this year. It also p
tatyana61 [14]

Answer:

$1.86 million

Explanation:

Given the above data, we can calculate the retained earning for next year to be;

Retained earning this year end = $1.5 million retained earning at the beginning + $0.5 million net income - $0.2 million dividends

= $1.8 million

8 0
3 years ago
Total cost is the a. amount a firm receives for the sale of its output. b. fixed cost less variable cost. c. market value of the
kkurt [141]

Answer:

C. Market value of the inputs a firm uses in production.

Explanation:

Total cost is the summation of all cost incurred by a firm as a result of production. It is also market value of the inputs a firm uses in production.

Total cost refers to the summation of fixed cost, which is a cost that does not vary with the level of out put and variable cost, which varies with the level of output.

When producers manufacture goods, the total cost of production of such goods will be factored in the final price such that the producer is able to earn profit.

6 0
3 years ago
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