Assertion: Environment scanning helps tapping useful resources.
Reasoning: If a company has thorough knowledge of the external environment then it can tap useful resources such as raw materials, technology and even financial resources from the market at economical prices.
Reasoning: If a company has thorough knowledge of the external environment then it can tap useful resources such as raw materials, technology and even financial resources from the market at economical prices.
Answer & explanation
Correct answer: option 1
Tapping useful resources: If the company has a thorough knowledge of the external environment, it can tap raw materials, technology and even financial resources from the market at economical prices, at the right time.