Which of the Following Terms Refers to the Continuous Process

question 42

Multiple Choice

Which of the following terms refers to the continuous process of gathering and evaluating information about variables and events around the world that may pose threats or opportunities to the firm?

• A)business process reengineering
• B)PEST analysis
• C)environmental assessment
• D)fundamental analysis

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Definitions:

Surface

The outermost layer or boundary of an object or the superficial aspect of something as opposed to its essence.

Benefit

An advantage or profit gained from something, often used in the context of employment, insurance, or social welfare.

Logrolling

A practice in negotiation or politics where two parties agree to support each other's proposals or interests.

Outcome Probabilities

Outcome probabilities are the likelihood or chances that specific results will occur, often used in the context of predictive analysis or decision-making processes.