________ Includes Environmental Scanning and Continuous Monitoring to Keep Abreast

question 45

Multiple Choice

________ includes environmental scanning and continuous monitoring to keep abreast of variables around the world that are pertinent to the firm.

• A)Environmental mitigation
• B)Internal analysis
• C)Competitive analysis
• D)Environmental assessment

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Definitions:

Online Store

A website or application where goods and services can be bought over the Internet using a web browser or mobile app.

Social Commerce

Social commerce is a subset of e-commerce that involves social media and user contributions to assist in online buying and selling of products and services.

B2C

Business-to-Consumer, a business model where products or services are sold directly from businesses to the end-consumers.

Bits

The smallest unit of data in computing and digital communications, representing a binary value of either 0 or 1.