Business Studies, asked by navidamiajane99, 9 months ago

Identify the environmental scanning tools used to evaluate and analyze the societal environment.

Answers

Answered by priyadarshiniaruk8
9

Hi mate

here is your answer.

Explanation:

Everyevery organisation has an internal and external environment in order for the organisation to be successful it is important that its can its environment regularly to access its development and understand factors that can contribute to its success environmental scanning is a process used by organisations to monitor that external and internal environmentthe purpose of the scan is the identification of opportunities and threats affecting the business for making strategic business decisions as a part of the environment scanning process the organisation collects information regarding its environment and analysis it to forecast the impact of change in the environment this event normally helps the management team to make informed decisions ....in other hand an organisation can operate in vacuum also there are many factors outside the walls of an organisation which affects the functions of the business these factors constituted the external environment of an organisation the internal environment of force strength and weakness to business while the external environment drinks opportunities and threats the four influencing environmental factors known as SWOT analysis are.

  • strength- an inherent capacity of an organisation which helps it gain a strategic advantages over its competitors .
  • weakness- weakness and inherited constant or limitation which creates a strategic disadvantages for a business
  • opportunity -a favourable condition in the organisations and government enabling it to strength than its position
  • threat -and unfavourable condition in the organisations and government causing damage to the organisation.

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