Answer:
Marketing information system
Explanation:
A marketing information system (MKIS) is a management information system (MIS) designed to support marketing decision making.
Jobber (2007) defines it as a "system in which marketing data is formally gathered, stored, analysed and distributed to managers in accordance with their informational needs on a <u>regular basis</u>."
We can see from the scenario that''The market researchers at HoneyCamp Foods gather daily sales data'' which conforms with the <u>regular basis</u> stated in the definition above.
It is also stated in the scenario that '<u>'they develop the data needed by marketing managers''</u> which aligns with the content of the definition that <u>''data is formally gathered, stored, analysed and distributed to managers''</u>
Hence the mix of people and procedures at HoneyCamp Foods that generate actionable marketing insights represents a <u>marketing information system.</u>
Answer:
the marginal propensity to consume in the economy is 0.7
Explanation:
The calculation of the marginal propensity to consume in the economy is given below:
As we know that
Marginal propensity to consume = Change in consumption ÷ Change in income
= 7 ÷ 10
= 0.7
Hence, the marginal propensity to consume in the economy is 0.7
Therefore the last option is correct
The same is relevant
Answer: Statement D
Explanation: In the management by exception, only those issues that can bring major differences in result are brought to the attention of management. Management by exception involves analyzing of financial and operational results of an entity.
Thus, from the above we can conclude that management by exception means investigating the material differences whether they are favorable or unfavorable.
Public relations (PR) is the process of maintaining a favorable image and building associated with events, sponsorships and other PR-related activities.
<h3>What is
Public relations?</h3>
The practice of managing and disseminating information from an individual or organization to the public in order to influence their public perception is known as public relations. The distinction between public relations and publicity is that PR is controlled internally, whereas publicity is not controlled and is contributed by third parties.
Public relations professionals create and maintain a positive public image for a business or organization. They generate media, ranging from press releases to social media messages, that shape public opinion of the company or organization and raise brand awareness.
To know more about Public relations follow the link:
brainly.com/question/20313749
#SPJ4
Explanation:
There are two alternatives
1. Sold for $6,300
The inventory parts should be sold for $6,300 as the current inventory parts are not relevant as it is a sunk cost i.e $18,500
2. Repair and after that sale it
Now in this case, we have to determine the benefit generated i.e come from
= Sale value - repairing cost
= $19,700 - $9,100
= $10,600
As we can see that the alternative 2 generated higher benefit as compare to the alternative 1 so it would be more beneficial for the company
