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What Is Environmental Scanning? Name Four Environmental Forces That Affect

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Essay

What is environmental scanning? Name four environmental forces that affect marketing decision-making.


Definitions:

Insulators

Materials that resist the flow of electric current, used in various electrical components to protect against unwanted current flow.

Cross-Training

The practice of training employees to perform multiple roles or tasks within an organization to enhance flexibility and efficiency.

Profit-Sharing Systems

A compensation system where employees receive a share of the company's profits in addition to their regular salary.

Productivity Incentives

Motivational tools used by organizations to reward employees for achieving specific performance metrics, aiming to boost productivity and efficiency.

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