26 lines
653 B
Markdown
26 lines
653 B
Markdown
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<!-- generated: provider=openrouter model=arcee-ai/trinity-large-preview:free date=2026-02-19 source=book-4-chapter-05 -->
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# Environmental Scanning
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# Definition
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The systematic monitoring of external economic conditions, market trends,
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and competitive forces to inform strategic decision-making and policy
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development in response to changing circumstances.
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## Source Chapter
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Book IV, Chapter 5
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## Context
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Smith's analysis of how bounties affect different market conditions and
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seasonal variations reflects the importance of environmental scanning in
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understanding the complex effects of economic policies.
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## Economic Domain
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General Theory
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---
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