A Manager's Analysis of the External Environment Can Be Improved

question 41

Multiple Choice

A manager's analysis of the external environment can be improved by ________,which involves analyzing information to detect emerging trends.

• A)environmental scanning
• B)critical path analysis
• C)asset screening
• D)strategic planning

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Definitions:

DSO

Days Sales Outstanding refers to the average period a company requires to receive payment following a sale.

Debt Ratio

A financial ratio that measures the extent of a company's or individual's leverage, calculated by dividing total liabilities by total assets.

Rational Individual

Refers to a person who makes choices that maximize their personal benefit or utility, based on their own preferences and available information.

Charity

An act of giving help, typically in the form of money or goods, to those in need.