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In business analysis, PEST analysis (political, economic, social and technological) is a framework of external macro-environmental factors used in strategic management and market research. PEST analysis was developed in 1967 by Francis Aguilar as an environmental scanning framework for businesses to understand the external conditions and ...
Detecting weak signals is achieved by scanning the organizational environment. The concept of environmental scanning (Aguilar, 1967) describes a process whereby the environment in which an organization operates is systematically scanned for relevant information. The purpose is to identify early signals of possible environmental change and to ...
When the company responds to an environmental scanning process it allows them to easily respond and react to any changes to both the internal and external business environment. Environmental scanning is a useful tool for strategic management as it helps them to create and develop the aims and objectives of the company which assists with the ...
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Scanning is also used to detect weak signals in the environment, before these have conflated into a recognizable pattern, which might affect the organization's competitive environment. Scanning can include every material published in the media such as television, newspapers and periodicals. [10] This method of scanning is called media-scanning.
Horizon scanning is "the systematic examination of potential threats, opportunities and likely future developments which are at the margins of current thinking and planning’ and, continuing, horizon scanning ‘may explore novel and unexpected issues, as well as persistent problems or trends."
The European Union Directive on Environmental Impact Assessments (85/337/EEC,also known as the EIA Directive) only applied to certain projects. [3] This was seen as deficient as it only dealt with specific effects at the local level whereas many environmentally damaging decisions had already been made at a more strategic level (for example the fact that new infrastructure may generate an ...
Environmental stress screening (ESS) refers to the process of exposing a newly manufactured or repaired product or component (typically electronic) to stresses such as thermal cycling and vibration in order to force latent defects to manifest themselves by permanent or catastrophic failure during the screening process. The surviving population ...