Final answer:
The correct answer is D. Environmental scanning, which involves a strategic approach to identify potential opportunities and threats from emerging technological trends.
Step-by-step explanation:
Assessment of External Technological Trends-
In the assessment of external technological trends, environmental scanning seeks to discover what is possible and what is being developed. Choices A (benchmarking), B (pacing), and C (competitive monitoring) are not the correct terms associated with this proactive search for new technologies.
Environmental scanning is a strategic approach where businesses surveil the external environment to identify potential opportunities and threats. This process is integral for staying ahead in a competitive market by adapting to and possibly implementing emerging technologies before competitors do.