A Manager's Analysis of the External Environment Can Be Improved

question 4

Multiple Choice

A manager's analysis of the external environment can be improved by ________, which involves screening information to detect emerging trends.

• A) environmental scanning
• B) environmental activism
• C) critical path analysis
• D) social screening

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Definitions:

Industrial Unions

Unions that organize workers across various trades and crafts within an industry to conduct collective bargaining.

Craft Unions

Labor unions representing workers with specific skills or crafts, often in the same or related industries.

Nominal Wages

Wages that are paid to workers in current dollars, without adjustment for inflation.

Price Level

A measure of the average of current prices across the entire spectrum of goods and services produced in the economy.