firms that generally act only when forced to do so and then in a defensive manner are course hero

What is legal environment intelligence?

True. Environmental intelligence is the acquisition of information gained from analyzing the multiple environments affecting organizations. True. Legal environment includes the structure, processes, and actions of government at the local, state, national, and international levels.

What is the difference between a customer and a competitor?

Customer Includes demographic factors. Competitor Includes information on the number and strength of rivals. Economic Includes information about costs, prices, and international trade. Technological Provides faster access to information through handheld electronic devices. Social Includes cultural patterns, values, beliefs, trends, and conflicts in society. Political Includes the structure, processes, and actions of all levels of government. Legal Includes patents, copyrights, trademarks, and considerations of intellectual property. Geophysical Relates to an organization's dependency and impact on natural resources.

Why do organizations need a systematic way of identifying, monitoring, and selecting public issues?

Because of the risks and opportunities public issues present , organizations need: A systematic way of identifying, monitoring, and selecting public issues. The issues management process is a: Systematic process companies use when responding to public issues that are of greatest importance to the business.

Is it more likely to be blindsided by crises and negative surprises?

Much less likely to be blindsided by crises and negative surprises.

What is legal environment?

Legal environment includes the structure, processes, and actions of government at the local, state, national, and international levels.

Do financially sound companies need to understand how a public issue is likely to evolve?

Financially sound companies do not need to understand how a public issue is likely to evolve, or how it will affect them.

Is dialogue between a single firm and its stakeholders sufficient to address an issue effectively?

Dialogue between a single firm and its stakeholders is always sufficient to address an issue effectively.