Final answer:
The monitoring, evaluating, and disseminating of information from the external and internal environments to key people within the corporation is referred to as environmental scanning (Option A). It helps organizations remain adaptive and make informed strategic decisions.
Step-by-step explanation:
The activity described in the question is referred to as A) environmental scanning. This process involves continuously monitoring, evaluating, and distributing information from both the external and internal environments to key individuals within an organization. This enables the organization to stay informed about important trends, changes, threats, and opportunities that could impact its operations and strategic decisions.
Environmental scanning is essential for organizations to adapt to changes and ensure long-term success. It is different from strategy formulation, which is about creating the strategies, and strategy implementation, which is about putting those strategies into action.