USING INVESTORS' RESOURCES TO EXPAND ENVIRONMENTAL SCANNING METHODOLOGIES

摘要

This article provides an overview of the economic information available on leading financial news Web sites and stock trading platforms, and the benefits a scanner would derive from utilizing these sites. They are rapidly evolving into centralized clearinghouses of current and accurate economic news to meet the demands for instantaneous and in-depth reporting and analysis. Using these mechanisms can reduce scanning efforts, expand the scope beyond the immediate environment, substantiate projections with quantitative data, and uncover potential uncertainties unfamiliar to the scanner. The specific resources reviewed in this article were selected based on their comprehensive, unbiased news coverage and for their special features, such as an IPO center, global coverage, economic indicators, and analysis of emerging technology.rnWeighing economic news in the current global environment has become an integral and essential part of any forecasting or systems modeling. As a dominant factor in globalization, the implications of expanding capitalism are attributes of Wallerstein's world-system, which describes capital movement. This is evidenced by the multitude of global investors fiercely hunting for the next opportunity in emerging trends, regions, and innovations. The focused effort, bolstered with media coverage and an influx of capital, engenders momentum that can create a discontinuity and accelerate shifts in the industry. The emerging dominant industry that impacts GDP and employment marks the beginning of a new era, according to Molitor (2001).