Is the collection and interpretation of information about forces, events, and relationships that may affect the organization.

The statement you provided seems to be a definition rather than a question. It appears to define the process of environmental scanning in business. Environmental scanning is the process of gathering and interpreting information about forces, events, and relationships in an organization's external environment that may affect its future. It's a crucial part of strategic planning, helping organizations understand and adapt to changes in their environment.

Here's a step-by-step breakdown:

1. Collection of Information: This involves gathering data about the external environment. This can include information about the economy, competitors, technological advancements, political and legal changes, and social trends.

2. Interpretation of Information: Once the data is collected, it needs to be analyzed and interpreted. This involves identifying patterns, trends, and potential threats and opportunities.

3. Impact on the Organization: The final step is understanding how this information may affect the organization. This could involve changes in customer behavior, new competitors entering the market, changes in laws or regulations, or technological advancements that could impact the organization's operations or products.

4. Strategic Planning: Based on the information gathered and interpreted, the organization can then make strategic decisions to adapt to these changes, seize opportunities, and mitigate threats.