Market Screening Is a Modified Version of Environmental Scanning in Which

question 82

True/False

Market screening is a modified version of environmental scanning in which the firm studies the stock market to eliminate the less desirable markets.

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Definitions:

Incentive

A factor, either monetary or non-monetary, that motivates individuals or organizations to act in a certain way or pursue particular objectives.

Artist

An individual who creates, practices, or demonstrates an art form, particularly in the visual, auditory, or performing disciplines, expressing creativity and skill.

Gallery

A room or building where art is displayed and sold, or a space for presenting other types of collections.

Moral Hazard

A situation in insurance and contracts where one party takes more risks because they know they are protected or that another party bears the costs of those risks.