Environmental Scanning Collects External Data, Analyzes It, and Determines Whether

question 185

True/False

Environmental scanning collects external data, analyzes it, and determines whether the trends identified are opportunities or threats to the company.

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Definitions:

Negotiations

The process of discussing something with someone in order to reach a mutually agreeable conclusion or settlement.

Financial Status

An individual's or entity's current economic standing, often assessed through factors like income, debts, assets, and credit.

Bona Fide Occupational Qualifications

Employment qualifications deemed necessary to the normal operation of a particular business or job, where discrimination based on certain characteristics like gender or religion may be allowed.

EEOC

Equal Employment Opportunity Commission, a federal agency enforcing laws against workplace discrimination.