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Question

The process of environmental analysis include which of the following?
I. Scanning

II. Monitoring
III. Forecasting
IV. Assessment

A
I and II
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B
Ill and IV
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C
I, II and III
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D
I, II, III and IV
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Solution

The correct option is A I, II, III and IV

Environmental analysis is a challenging, time consuming and expensive affair. The analysis consists of four sequential steps:

  1. Scanning: It involves information gathering for assessing the nature of the environment in terms of uncertainty, complexity and dynamism.
  2. Monitoring: It involves tracking environmental trends and events.
  3. Forecasting: It lays out a path for anticipated changes.
  4. Assessment: This step identifies key opportunities and threats.


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