The Process of Gathering Information and Forecasting Relevant Trends, Competitive

question 41

Multiple Choice

The process of gathering information and forecasting relevant trends, competitive actions, and circumstances that will affect operations in geographic areas of potential interest is called ________.

• A)internal analysis
• B)sustainable development
• C)cultural analysis
• D)environmental scanning

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Definitions:

Ethnic Stereotypes

Oversimplified and generalized representations or beliefs about the characteristics, attributes, and behaviors of members of certain ethnic groups.

Cultural Capital

A concept introduced by sociologist Pierre Bourdieu, referring to the non-financial social assets that promote social mobility beyond economic means, such as education, intellect, style of speech, and dress.

Valued Cultural

Aspects of culture that are highly regarded, preserved, and celebrated within a community or society.

Highbrow Culture

Cultural products and activities considered intellectual or elite, often associated with high social status.