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.
Frequently, environmental simulation testing involves attempts to speed up the wear and tear process to the point where a given test item may experience a full lifetimeâs worth of wear and tear within a few days or weeks. This is exactly what we achieved when testing solar cells for satellites.