What Are the Most Important Factors to Consider When Scanning

question 3

Multiple Choice

What are the most important factors to consider when scanning the environment in strategic planning?

• A) the competition, customers, rival firms, new entrants, substitutes, suppliers, and external labour supply
• B) the competition, the global landscape, rival firms, new entrants, substitutes, suppliers, and external labour supply
• C) the competition, the global landscape, rival firms, new entrants, the business context, suppliers, and external labour supply
• D) the competition, customers, rival firms, the workforce, substitutes, suppliers, and external labour supply

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Definitions:

Diaphragm

A large, dome-shaped muscle located at the base of the lungs and thoracic cavity that contracts and relaxes to aid in the breathing process by creating a vacuum that pulls air into the lungs.

Elastic Properties

Characteristics of materials that allow them to stretch and return to their original shape without permanent deformation.

External Intercostal Muscles

The External Intercostal Muscles are a group of muscles found between the ribs that aid in the process of inhalation by elevating the ribcage, expanding the thoracic cavity.

Pleural Cavity

The thin fluid-filled space between the two pulmonary pleurae of each lung, involved in respiratory mechanics.