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Get the 411 Environmental Scan
Get the 411 Environmental Scan
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StudBud Administration
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NF Lap 15
Flashcards
10 cards
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Practice quiz
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Questions
10
Answers
1
One way to determine the importance of an issue or trend is to consider its impact on
foreign governments
demand for your business's products
your competitor's personnel
your personal finances
2
Which is the most rapidly changing category of information included in an environmental scan:
technology
government
demographics
competition
3
Which of the following would be done first in an environmental scan:
identifying and analyzing important trends and issues
identifying participants and responsibilities
selecting trends and issues to act on
carring out scanning activities
4
Which of the following is a true statement about the term "environment"?
it has no affect on your performance
It consists of your surroundings
it applies to individuals, not business
it refers only to the earth and its resources
5
A main reason that environmental scanning is important is so that businesses can be aware of
foreign markets
new products
competitors' internal environment
potential threats
6
Environmental scanning is sometimes called environmental
analysis
protection
management
planning
7
Changing attitudes about family roles is an example of a shift in
the economy
society and culture
competition
demographics
8
Which of the following examples illustrates how environmental factors are dynamic?
Demographics influence social and cultural attitudes
The government provides subsidies to agricultural businesses
The economy impacts government policies
High interest rates will eventually get lower
9
A business should conduct environmental scans on a continuous basis so it can
change customers' attitudes
save money
respond to opportunities and threats quickly
control the external environment
10
Which of the following is a factor that relates to government category of an environmental scan
advances in technology
stage of the business cycle
religious affiliation
import/export regulations