Techniques Used to Monitor External Environments Include

question 64

Multiple Choice

Techniques used to monitor external environments include:

• A) hiring scanning organizations.
• B) hiring the competitive intelligence professionals.
• C) government reports.
• D) professional journals.
• E) all of these.

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Definitions:

Decentralize Risk Management

The practice of distributing risk management responsibilities among various units or departments within an organization, rather than centralizing it.

Functional Risks

Potential problems or dangers that can affect the performance or capability of a system or operation.

Exposure

The extent to which a company or individual is vulnerable to potential loss or damage, often in the context of financial investments or market fluctuations.

Public Institutions

Organizations established and funded by governments to perform public services or functions, such as education, healthcare, and public safety.