Question

An ________ is a procedure with which managers try to foresee the effects of new products and processes on their firm's operations, on other business organizations, and on society in general.

Answer 1

Environmental Analysis

Step-by-step explanation:

This is the process where by a manager creates a tool (i.e. survey e.t.c.) to identify all factors (threats or opportunities) both internal and external that may either affect the companies performance positively or negatively.