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.
Explain what is Electronic Product Environmental Assessment Tool (EPEAT). Answer : Electronic Product Environmental Assessment Tool (EPEAT) is a system that enables purchasers to evaluate, compare, and select electronic products based on a total of 51 environmental criteria. Products are ranked in EPEAT according to three tiers of environmental performance: bronze, silver, and gold. Individual purchasers as well as corporate purchasers of computers, printers, scanners, and multifunction devices can use the EPEAT Web site (www.epeat.net) to screen manufacturers and ...