Surplus causes disequilibrium in the supply and demand of a product. This imbalance means that the product cannot flow through the market efficiently. However, the cycle of surplus and shortage has a way of balancing itself out.
Environmental scanning is the term used to describe the acquisition and use of information gleaned from sources external to your company. Scanning can be thought of as a form of early-warning radar that lets managers look into the future.
The Environmental Monitoring and Assessment Program (EMAP) was a research program run by EPAâs Office of Research and Development to develop the tools necessary to monitor and assess the status and trends of national ecological resources. EMAP collected field data from 1990 to 2006. EMAP's goal was to develop the scientific understanding for translating environmental monitoring data from multiple spatial and temporal scales into assessments of current ecological condition and forecasts of future risks to our natural resources.