GENERAL KNOWLEDGE

Detailed explanation-1: -There are five main types of environmental scanning: technological, legal, ecological, sociological, and economic (financial).

Detailed explanation-2: -Answer: The four important factors of environmental scanning are events, trends, issues, and expectations.

Detailed explanation-3: -Environmental scanning is the process of gathering information about events and their relationships within an organization’s internal and external environments. The basic purpose of environmental scanning is to help management determine the future direction of the organization.

Detailed explanation-4: -Environment scanning refers to thorough, consistent and often daily processing of an organisation’s internal and external environments in order to identify risks, trends and opportunities that could influence the organisation’s future, or the future of the industry or market.