_______________Is the Systematic Gathering of Information About the Environment, Its

question 28

Multiple Choice

_______________is the systematic gathering of information about the environment, its elements, and its characteristics.

• A) Environmental scanning
• B) Boundary spanning
• C) Environmental spanning
• D) Boundary scanning

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Definitions:

Quantity Supplied

The amount of a good or service that producers are willing and able to sell at a given price within a certain time period.

Supply Unchanged

A situation in which the quantity of a good or service available in the market does not increase or decrease over a period.

Quantity Supplied

The volume of a good or service that manufacturers are prepared and able to offer for sale at an established price within a given interval.

Quantity Demanded

The aggregate quantity of a product or service that buyers intend to buy at a specific price point within a certain timeframe.