Which of the Following Is Not Descriptive of External Environmental

question 70

Multiple Choice

Which of the following is not descriptive of external environmental scanning?

• A) used as a tool to ensure a corporation's long-term health
• B) used to monitor, evaluate, and disseminate information relevant to the organizational development of strategy
• C) used to identify major stockholders
• D) used as a tool for corporations to avoid strategic surprise
• E) used to determine a firm's competitive advantage

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Definitions:

Binding

Describes an agreement, contract, or decision that is legally enforceable, requiring parties involved to adhere to the terms set forth.

Competition Act

Legislation aimed at preventing anti-competitive practices in the marketplace, ensuring fair competition, and protecting consumers from unfair business practices.

Criminal Law

The body of law dealing with crimes and their punishment, involving acts that are harmful or potentially harmful to public welfare.

Public Interest

A common concern among citizens in the management and affairs of local, state, and national government that warrants recognition and protection.