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How environmental scanning should provide inputs in strategic decision making?

Anonymous

∙ 11y ago

Updated: 9/18/2023

environmental scanning should provide inputs for stratergic decision making elobrate

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∙ 11y ago

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What information can geographers provide to help economists making decision?

They can tell them which country they are living in.

Can you provide some entrepreneurship examples to illustrate the concept of starting and running a successful business?

Some examples of successful entrepreneurship include companies like Amazon, founded by Jeff Bezos, and Tesla, founded by Elon Musk. These entrepreneurs started their businesses from scratch and grew them into highly successful and innovative companies through hard work, determination, and strategic decision-making.

What insights can be gained from analyzing the social cost graph of a particular industry or product?

Analyzing the social cost graph of an industry or product can provide insights into the externalities and impacts on society beyond just the financial costs. It can help identify hidden costs, such as environmental damage or health consequences, and inform decision-making to address these issues for a more sustainable and equitable future.

What is the relation between economic decision and technical decision?

Technical decisions can provide insight into economic decisions that need to be made. Technology can be used to discover outcomes and determine how long it will take to pay something off, such as a mortgage.

What is true of decisions made using cost-benefit analysis?

The best decision results in the most benefits with the fewest costs.The best decision results in the most benefits with the fewest costThe best decision results in the most benefits with the fewest costs. Apex 8)Please provide additional information in order to receive an answer.The best decision results in the most benefits with the fewest costs.

What is enviromental scanning?

The gathering of large amount of information to measure and study the changes in the environment is called environmental scanning. The environment scanning is taken into business scenario. It is very important for any business to get the latest information about the environment to keep his business steady and stable. In large and small organization the environmental scanning is must. The environmental scanning as the point of business is the businesses have to look what is going around them whether the market is saturating, is there need for product innovation. The benefits to environmental scanning for the businesses are that they can uncover many issues that has an affect on the organizations mission and goals. They might use it to increase their profits ratio. One of the motive could be for the environmental scanning is that they can know that whether the market is going as they expected it. One of the latest methods for the environmental scanning which are frequently used by the companies is the computer intelligence. By using these processes the businesses get information about their rivals. So this is very latest technological way for keeping eye on your business. Many of the third party services who provide this to other companies are doing environmental scanning.