According to the Textbook, a Manager's Duties in an Environmental

question 171

Multiple Choice

According to the textbook, a manager's duties in an environmental analysis include

• A) checking information for accuracy, resolving inconsistencies, and assigning significance to the findings.
• B) observation and assessment.
• C) conducting research, assessment, and reporting.
• D) observation, market research, and fact finding.
• E) checking the company database, conducting research, and reporting.

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Definitions:

Formal Business Plan

A detailed document that outlines the strategy, operations, financials, and the market perspective of a business.

Business Model Canvas

A strategic management template for developing new or documenting existing business models, visually describing a company's value proposition, infrastructure, customers, and finances.

Pitch Deck

A presentation created by entrepreneurs seeking investment, illustrating the key elements of their business plan, including vision, strategy, and financials.

Vivid Vision

A detailed description of what a company aims to achieve in the future, often visualized comprehensively to inspire action towards those goals.