Scanning Is

question 13

Multiple Choice

Scanning is

• A) Comparing an organization's practices and technologies with those of other companies.
• B) Focused on current activities and technologies.
• C) Focused on what can be done and what is being developed.
• D) Comparing the competitive advantages of two companies.
• E) Clarifying the key technologies on which an organization depends.

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Definitions:

Price Level

An index reflecting the overall cost of commodities and services within an economy during a particular period.

Short-Run Aggregate Supply Curve

A curve that represents the relationship between the total production of goods and services and the price level for output in the short-run.

Price Level

A measure of the average prices of goods and services in the economy.

Economic Conditions

The state of a country or region in terms of production, employment, and prices, and how these factors influence economic activities.