Which of the following techniques is not used for environmental scanning?

Option 1 -> SWOT Analysis examines internal strengths/weaknesses and external opportunities/threats, making it a key environmental scanning tool.

Option 2 -> Budgetary Analysis is an internal financial management tool focused on resource allocation and financial planning, not environmental scanning.

Option 3 -> PESTEL Analysis (Political, Economic, Social, Technological, Environmental, Legal) is specifically designed for scanning the external macro-environment.

Option 4 -> Industry Analysis examines competitive forces and industry structure, making it essential for environmental scanning.

Hence, Option 2: Budgetary Analysis -> Budgetary Analysis deals with internal financial planning, cost control, and resource allocation rather than scanning external environmental factors. Environmental scanning focuses on monitoring external forces (political, economic, social, technological, competitive) that affect an organization, whereas budgetary analysis is an internal operational and financial management technique -> correct