Techniques used to monitor external environments include:
A) hiring scanning organizations.
B) hiring the competitive intelligence professionals.
C) government reports.
D) professional journals.
E) all of these.

Question

Quizplus · Accepted Answer

All of these techniques are commonly used to monitor external environments. Hiring scanning organizations and competitive intelligence professionals can provide valuable information about the industry and competitors. Government reports can provide insight into regulatory changes or economic trends, while professional journals can offer up-to-date information on industry developments. It is important to use a combination of these techniques to gain a comprehensive understanding of the external environment.

Techniques Used to Monitor External Environments Include