Examlex
Which one of the following statements is MOST accurate?
Potential Trends
Emerging patterns or changes in industries, technology, consumer behavior, or the global economy that could influence future developments.
Regulatory Force
External forces, often in the form of government laws, regulations, and policies, that can impact a business’s operations and its approach to the market.
Environmental Scanning
The process by which businesses monitor and analyze their external environment to identify opportunities and threats.
Technological Environmental Force
Influences in the business environment resulting from changes in technology, impacting how products are produced, marketed, and distributed.
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