Environmental Scanning Is Used To

question 1

Multiple Choice

Environmental scanning is used to:

• A) Forecast the future
• B) Look at the past history
• C) Track housekeeping
• D) Provide customer service

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Definitions:

Activity Level

A measure of the volume of production or operations, often influencing costs and revenues in a business.

Fixed Cost Per Unit

The total fixed costs divided by the number of units produced, indicating how much each unit needs to contribute to fixed costs.

Level of Activity

A measure of the volume of production, operation, or work undertaken by a business or facility within a particular time period.

Unit Variable Cost

A cost that varies directly with the production volume, including materials and labor directly involved in production.