Cards (5)

    • entails the study of all segments in the general environment
      scanning
    • Although challenging, scanning is critically important to the firms’ efforts to understand trends in the general environment and to predict their implications, especially for companies competing in highly volatile environments.
    • Through scanning, firms identify early signals of potential changes in the general environment and detect changes that are already under way.
    • Scanning activities must be aligned with the organizational context; a scanning system designed for a volatile environment is inappropriate for a firm in a stable environment.
    • Scanning often reveals ambiguous, incomplete, or unconnected data and
      information that require careful analysis.
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