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Strategic Management Essay

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Below is an essay on "Strategic Management" from Anti Essays, your source for research papers, essays, and term paper examples.

|The business environment scanning case studies talks about the acquisition and use of information about events, trends, and       |
|relationships in a business’s external environment, the knowledge of which would assist management in planning the future course |
|of action for the business.                                                                                                       |
|                                                                                                                                 |
|Environmental scanning is the process of gathering information about events and their relationships within an organization's     |
|internal and external environments. The basic purpose of environmental scanning is to help management determine the future       |
|direction of the organization. The most widely accepted method for categorizing different forms of scanning divides into the     |
|following three types:                                                                                                           |
|Irregular scanning systems: These consist largely of ad hoc environmental studies.                                               |
|Regular Scanning systems: These systems revolve around a regular review of the environment or significant environmental           |
|components. This review is often made annually.                                                                                   |
|Continuous scanning systems: These systems constantly monitor components of the organizational environment.                       |
|                                                                                                                                 |

Generally, there are four modes of scanning:
1. Undirected Viewing
Undirected viewing, a term first used by Aguilar (1967), takes place when the organization perceives the environment to be unanalyzable and so does not intrude into the environment to understand it....

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"Strategic Management". Anti Essays. 26 May. 2018


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Strategic Management. Anti Essays. Retrieved May 26, 2018, from the World Wide Web: https://www.antiessays.com/free-essays/Strategic-Management-91542.html