Final answer:
Environmental scanning is the monitoring, evaluating, and disseminating of information from the external environment to key people within the corporation. It involves keeping track of trends, developments, and changes in the external environment that may impact the business.
Step-by-step explanation:
Environmental scanning is the 1) monitoring, evaluating, and disseminating of information from the external environment to key people within the corporation. It involves keeping track of trends, developments, and changes in the external environment that may impact the business. This information helps the organization make informed decisions and stay competitive. It includes collecting data from competitors and industry trends, as well as evaluating social, economic, political, and technological factors.