In Environmental Scanning, a Firm May Use Information Systems to

question 49

Multiple Choice

In environmental scanning, a firm may use information systems to

• A) utilize sensors that track products through the value chain.
• B) analyze external Internet traffic to its Web sites.
• C) identify external events that may affect it.
• D) understand its carbon footprint and energy impacts on the environment.

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Definitions:

Standard Error

Standard error measures the accuracy with which a sample distribution represents a population, using the standard deviation of the sample means.

Infinite Population

A theoretical concept where the population size is considered to be limitless for the purposes of statistical analysis.

Standard Deviation

A statistical measurement that quantifies the amount of variation or dispersion of a set of values.

Atomic Orbitals

Mathematical functions that describe the wave-like behavior of an electron in an atom, these orbitals determine the distribution of electrons around an atom’s nucleus.