Define global environmental scan.?
Global environmental scans monitor an organization's internal andexternal environments in an attempt to detect early signs ofthreats to or opportunities for the organization that mightinfluence its goals and plans. This form of data collection helpscompanies predict trends. PESTEL (political, economic, social,technological, environmental, and legal) analysis is at the heartof global environmental scanning. Some of the factors that PESTELanalysis covers include trade regulations, population growth,e-commerce, energy consumption, and advertising regulations.
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