Final answer:
Environmental change strategies are designed to anticipate and recognize changes in external conditions. Command-and-control environmental policies typically involve direct regulations, while market-oriented policies use market signals. It's essential to analyze economic changes in terms of their impact on supply or demand for effective strategy formation.
Step-by-step explanation:
Supply strategies that are designed to anticipate and recognize shifts in the economy, organization, people, legal, government regulations and controls, and technologies are known as environmental change strategies. These strategies are crucial for businesses to maintain relevance and stay ahead of potential disruptions in their respective industries.
The other options provided, such as change management strategies, total cost strategies, internal management strategies, and supply assurance strategies, each focus on different aspects of business operations and might integrate environmental considerations to varying extents. However, it is environmental change strategies that specifically address and adapt to shifting external conditions like economic trends or technological advancements.
Regarding environmental policies, a command-and-control environmental policy typically involves direct regulations such as limits on emissions or mandates for specific technologies. In contrast, a market-oriented environmental policy may include mechanisms like carbon trading or pollution credits, which use market signals to encourage businesses to reduce environmental impacts. Given these definitions, choice Q would more likely represent command-and-control, whereas choice S would align with a market-oriented approach.
The approach to managing economic changes involves analyzing whether such changes affect supply or demand, classified respectively as supply factors or demand factors. These determinations are critical for strategizing appropriately in the face of economic shifts within a given marketplace.