[Answer] Which is the most efficient tool for gathering the external information that businesses need?

Answer: Internet
Which is the most efficient tool for gathering the external information that businesses need?

A collaboration tool helps people to collaborate.The purpose of a collaboration tool is to support a group of two or more individuals to accomplish a common goal or objective. Collaboration tools can be either of a non-technological nature such as paper flipcharts post-it notes or whiteboards. They can also include software tools and applications such as collaborative software

Environmental scanning is a useful tool for strategic management as it helps them to create and develop the aims and objectives of the company which assists with the production of the company or organization. When looking at the weaknesses of the organization’s placing in the current business environment a formal environmental scanning is used.

Open-source intelligence (OSINT) is a multi-factor (qualitative quantitative) methodology for collecting analyzing and making decisions about data accessible in publicly available sources to be used in an intelligence context. In the intelligence community …

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