Asked by
olokor wisdom
on Nov 03, 2024Verified
Environmental scanning involves the systematic monitoring of internal factors influencing the organization.
Environmental Scanning
The process businesses use to understand the external factors influencing their operation, including technological, regulatory, and competitive elements.
Internal Factors
Elements or conditions within an organization or individual's control that can influence decisions, behaviors, and outcomes, such as policies, resources, and personal abilities.
Systematic Monitoring
A structured and continuous process of tracking and evaluating the performance, quality, or progress of a project, system, or organization.
- Comprehend the importance and methods of environmental scanning in strategic planning.
Verified Answer
BR
Learning Objectives
- Comprehend the importance and methods of environmental scanning in strategic planning.