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Environmental Scanning Refers to the Process of Collecting and Interpreting

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Environmental scanning refers to the process of collecting and interpreting information about forces,events,and relationships in the external environment that may affect the future of the organization or the implementation of the marketing plan.


Definitions:

Offer's Terms

Specific conditions and details outlined in a proposal or bid which must be accepted in full for an agreement to be formed.

Shakespearean Comedy

A genre of plays written by William Shakespeare that are characterized by humorous themes, happy endings, and often involve misunderstandings or complex plots.

Effective Offer

A proposal in contract law that is specific, communicates intent to be bound by acceptance, and has terms that are clear and capable of acceptance.

Authorized Method

A technique or procedure that has been officially approved for use by a governing body or organization.

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