What is the first step for scanning the environment?PredictIdentify trends and patternsObserveInterpret

What is the main purpose of environmental scanning?a) To identify opportunities and threatsb) To analyze internal and external environmentsc) To develop strategies for business growthd) To predict future trends and events

Which of these are NOT possible sources for external environment scanning?Employee feedback, customer feedback, customer insight researchIndustry experts industry and government reportsSocial media and magazinesPersonal or management intuition

How do you analyze KPI data to identify trends and patterns?

The use of tools to study the environment for potential technological changes that can both positively and negatively affect the firm’s value proposition is called __________.a.)competitive analysisb.)technology forecastingc.)environmental scanningd.)innovation roadmapping

30. In data mining, this is a technique used to predict future behavior and anticipate the consequences of change.Question 24Answera.Predictive technologyb.Predictive modelingc.Phase changed.Disaster recovery