The Purpose of Environmental Scanning Is to

question 104

Multiple Choice

The purpose of environmental scanning is to

• A)only identify trends in the marketplace.
• B)only interpret trends in the marketplace.
• C)only forecast trends in the marketplace.
• D)identify, interpret, and forecast trends in the marketplace.
• E)only identify and interpret trends in the marketplace.

---

Definitions:

Factory Overhead

The indirect costs associated with manufacturing, not directly tied to specific units produced, such as maintenance, utilities, and management salaries.

Continuous Flow

A production process where products move continuously through a series of operations, reducing wait times and inventory levels.