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-(Figure: Shifts in Demand and Supply II) Use Figure: Shifts in Demand and Supply II.The graph shows how supply and demand might shift in response to specific events.Suppose a drought destroys one-third of the nation's peanut crop.Which panel BEST describes how this will affect the market for peanuts?
Competitive Intelligence
The gathering and analysis of information about competitors for strategic purposes.
Environmental Scanning
The process of systematically collecting information about external influences and trends to identify opportunities and threats for strategic planning.
Environmental Intelligence
The gathering and analysis of data regarding the environment, used to guide business or policy decisions in a sustainable direction.
Competitive Scanning
The process of monitoring and analyzing the competitive environment to identify opportunities and threats.
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