The Monitoring,evaluating,and Disseminating of Information from the External and Internal

question 69

Multiple Choice

The monitoring,evaluating,and disseminating of information from the external and internal environments to key people within the corporation is referred to as

• A) environmental scanning.
• B) external scanning.
• C) internal scanning.
• D) strategy formulation.
• E) strategy implementation.

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Definitions:

Partnering Relationship

An alliance or collaboration formed between businesses to leverage mutual strengths for achieving shared objectives, enhancing competitiveness.

Shared Mission Statement

A formal summary of the aims and values of a company, organization, or group, which is supported and pursued by all its members.

Corporate Vertical Marketing System

A structured form of supply chain organization in which a single company owns or controls each layer of the supply chain, from production to retail.

Supply Chains

Networks that involve the production and supply of goods, involving multiple stages including material procurement, manufacturing, and distribution.