Salim a newly appointed manager in Rawal Ltd. was given a task to ensure that the sales of company grow to higher levels. For this particular task Salim went through all previous records of the company and all the future forecast about the sales of the company. Salim read all the details about the market and competitors of Rawal Ltd. He researched about all the new technology in the market and all the financial resources which can be used by him. He found out each and everything resource that could be used to complete his particular task. Which importance of environmental scanning are mentioned in the case?a)Identification of opportunities to get first mover advantageb)Formulation of strategies and policiesc)Tapping useful resourcesd)All of theseCorrect answer is option 'C'. Can you explain this answer?

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Salim a newly appointed manager in Rawal Ltd. was given a task to ensure that the sales of company grow to higher levels. For this particular task Salim went through all previous records of the company and all the future forecast about the sales of the company. Salim read all the details about the market and competitors of Rawal Ltd. He researched about all the new technology in the market and all the financial resources which can be used by him. He found out each and everything resource that could be used to complete his particular task. Which importance of environmental scanning are mentioned in the case?

a)
Identification of opportunities to get first mover advantage
b)
Formulation of strategies and policies
c)
Tapping useful resources
d)
All of these

Correct answer is option 'C'. Can you explain this answer?

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Test: Class 12 Entrepreneurship: CBSE Sample Question Papers- Term I (2021-22)

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Salim a newly appointed manager in Rawal Ltd. was given a task to ensu...

If the company has thorough knowledge of external environment, it can tap raw material, technology and even financial resources from the market at economical prices at the right time.

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Salim a newly appointed manager in Rawal Ltd. was given a task to ensure that the sales of company grow to higher levels. For this particular task Salim went through all previous records of the company and all the future forecast about the sales of the company. Salim read all the details about the market and competitors of Rawal Ltd. He researched about all the new technology in the market and all the financial resources which can be used by him. He found out each and everything resource that could be used to complete his particular task. Which importance of environmental scanning are mentioned in the case?a)Identification of opportunities to get first mover advantageb)Formulation of strategies and policiesc)Tapping useful resourcesd)All of theseCorrect answer is option 'C'. Can you explain this answer? for Class 12 2025 is part of Class 12 preparation. The Question and answers have been prepared according to the Class 12 exam syllabus. Information about Salim a newly appointed manager in Rawal Ltd. was given a task to ensure that the sales of company grow to higher levels. For this particular task Salim went through all previous records of the company and all the future forecast about the sales of the company. Salim read all the details about the market and competitors of Rawal Ltd. He researched about all the new technology in the market and all the financial resources which can be used by him. He found out each and everything resource that could be used to complete his particular task. Which importance of environmental scanning are mentioned in the case?a)Identification of opportunities to get first mover advantageb)Formulation of strategies and policiesc)Tapping useful resourcesd)All of theseCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for Class 12 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Salim a newly appointed manager in Rawal Ltd. was given a task to ensure that the sales of company grow to higher levels. For this particular task Salim went through all previous records of the company and all the future forecast about the sales of the company. Salim read all the details about the market and competitors of Rawal Ltd. He researched about all the new technology in the market and all the financial resources which can be used by him. He found out each and everything resource that could be used to complete his particular task. Which importance of environmental scanning are mentioned in the case?a)Identification of opportunities to get first mover advantageb)Formulation of strategies and policiesc)Tapping useful resourcesd)All of theseCorrect answer is option 'C'. Can you explain this answer?.

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