Areas+of+Business+Improvements

Possible business improvements for General Mills, Inc.:

 * General Mills should make sure that the demand for their products will not outpace their production capacity.


 * Control their expansion by practicing effective research and long range planning to relieve the problems often associated with rapid business expansion.


 * Update marketing strategies accordingly so that General Mills is equipped to secure financing under the most advantageous terms possible


 * Hire new personnel to meet the demands associated with new production, new marketing campaigns, new recordkeeping and administrative requirements, etc. Careful hiring practices are always essential as well.


 * Expanding their over dependence on the U.S. markets to other countries. Since General Mills relies heavily on U.S. markets, in order to prevent or increase this over dependence, it should even out their sales globally, especially since the U.S. economy is at a downturn.

//--All these improvements are based from the stock portfolio that was tracked for General Mills, Inc.; after evaluating and analyzing the company's operations, these improvements were some of the things I think the company could work on.//

(Sources: Referenceforbusiness.com, 2008 and Understanding Business, 2011).