Scanning the External Environment to Learn of Potential Opportunities and Threats

question 3

Multiple Choice

Scanning the external environment to learn of potential opportunities and threats that could affect a business is:

• A) Ecological scanning
• B) Environmental scanning
• C) Business forecasting
• D) Business scanning

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Definitions:

Legitimate Power

Authority that is accepted and recognized as rightfully held by an individual or organization, often through a formal position or role.

Legitimate Power

A form of authority where power is derived from a recognized and accepted position or role within a social structure.

Group Structure

The internal framework of roles, rules, norms, and relationships within a group.

External Sources

Information, knowledge, or resources obtained from outside an individual's or organization's immediate environment or internal systems.