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Continuously gathering and analysing intelligence from sources such as professional, industry and trade journals, websites, conferences and exhibitions, published reports and online databases is called:
Suggested Answer: D
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Continuously scanning the environment can bring rewards in the form of new supply companies, new products and services, awareness of supply firm or industry difficulties, etc.
Purchasing research is a very close answer to the correct one, but is likely to be more focussed, spe-cific.
If faced with a difficult choice as to which of two options in the exam is correct, think about what was included as part of your syllabus.
In this case, environmental scanning is the first entry in your Learning Outcome 3.1
31 comments · newest first
SH
Sheridan
11 months ago
Surprised this isn't more common knowledge!
YO
Yolando
11 months ago
I've seen it referred to as industrial espionage too, though.
FR
Francesco
12 months ago
Wait, are we sure it's not just data analysis?
CH
Chauncey
12 months ago
Totally agree, it's all about staying ahead!
CO
Coleen
1 year ago
That's definitely called environmental scanning.
AN
Anglea
1 year ago
I keep mixing up purchasing research and environmental scanning. I hope I remember the right one during the exam!
KA
Kanisha
1 year ago
I feel like I've seen a similar question before, and I think it was about environmental scanning too. It makes sense for the context given.
LI
Ligia
1 year ago
I'm not entirely sure, but I remember something about industrial espionage being more about stealing secrets rather than gathering info from public sources.
ME
Merri
1 year ago
I think the answer might be D, environmental scanning. We talked about it in class as a way to gather intelligence.
GI
Gilberto
1 year ago
I'm not totally confident, but I think the answer is D. Environmental scanning. The question is describing the process of continuously monitoring the business environment for relevant information.
MA
Malcolm
1 year ago
Environmental scanning - that's the one! I remember learning about this concept in class. Continuously gathering intelligence from various sources to stay informed about the industry and competition.
FI
Filiberto
1 year ago
Hmm, I'm a bit unsure about this one. The options seem similar, and I want to make sure I understand the differences between them before selecting an answer.
LU
Lucina
1 year ago
This seems like a straightforward question about gathering and analyzing information from various sources. I'll carefully review the options and think about which one best fits the description provided.
JI
Jimmie
1 year ago
Okay, let's see. If the endpoints are getting an access-reject message but still allowed on the network, it sounds like there might be an issue with the authorization results. I'll focus on options B and C.
FR
France
1 year ago
I'm a little confused on the legal classification of cryptocurrencies. I'll have to review my notes and try to reason this out step-by-step.
GL
Glendora
2 years ago
Industrial espionage? Now we're talking, where's the nearest spy gadget store?
AN
An
2 years ago
I don't think industrial espionage is the way to go, let's stick to environmental scanning.
ER
Erasmo
2 years ago
D) Environmental scanning
BU
Buddy
2 years ago
A) Industrial espionage
CA
Carey
2 years ago
I believe it's C) Data analysis, as it involves analysing intelligence.
AL
Aleisha
2 years ago
Data analysis? Sounds like my daily routine of sifting through a mountain of spreadsheets.
EL
Elli
2 years ago
D) Environmental scanning
HA
Harris
2 years ago
C) Data analysis
AD
Adelle
2 years ago
B) Purchasing research
QU
Quiana
2 years ago
A) Industrial espionage
FA
Farrah
2 years ago
I'm not sure, but I think it's A) Industrial espionage.
JU
Junita
2 years ago
I agree with Avery, environmental scanning makes sense.
FR
Francoise
2 years ago
Environmental scanning? That's what I do when I'm trying to find the remote in my messy living room.
CA
Carol
2 years ago
D) Environmental scanning
SA
Salome
2 years ago
A) Industrial espionage
AV
Avery
2 years ago
I think the answer is D) Environmental scanning.