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:

Verbal Agreement

A verbal agreement is an oral contract or understanding between parties, which can be enforceable depending on the context and the nature of the agreement.

Written Contract

A written contract is an agreement between parties that is recorded in a document form, providing clear terms and conditions that are legally enforceable.

First-Grade Steel

First-grade steel is a classification of steel indicating premium quality, meeting the highest standards of strength, durability, and purity.

Bonafide Purchase

The acquisition of goods or property in good faith without knowledge of any defects or claims against it.