BUSINESS ADMINISTRATION
BUSINESS ENVIRONMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Choose the right step of process business environment assessment
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Scanning, monitoring, forecasting, making an assessment
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Scanning, forecasting, monitoring, making an assessment
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scanning, monitoring, making an assessment, forecasting
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Forecasting, scanning, monitoring, making an assessment
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Explanation:
Detailed explanation-1: -Scanning the environment to detect warning signals. Monitoring specific environmental trends. Forecasting the direction of future environmental changes. Assessing current and future environmental changes for their organizational implications.
Detailed explanation-2: -The analysis consists of four sequential steps: Scanning: It involves information gathering for assessing the nature of the environment in terms of uncertainty, complexity and dynamism. Monitoring: It involves tracking environmental trends and events. Forecasting: It lays out a path for anticipated changes.
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