27. Timely scanning of environment
enables a firm to take
measures.
a) Active
b) Inactive
c) Suggestive
d) Corrective
1:29 A
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Timely scanning of the environment enables a firm to take corrective measures.
Option (d) is correct.
Explanation:
- Environmental scanning is very importnat in a business or organization as it provides useful insight into the factors.
- It helps the organization to analyze internal factors because it offers competitive advantages to the organization.
- If there are weaknesses or certain measure needs to be taken to rectify them therefore timely corrective measures are beneficial in achieving the stability and potential growth.
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