The process of perceiving the possibility of a profitable new business, product or service idea is referred to as:
A) inspired detection
B) creative recognition
C) idea confirmation
D) opportunity recognition
E) inspired discovery

Question

Quizplus · Accepted Answer

The process of perceiving the possibility of a profitable new business, product, or service idea is called opportunity recognition. This involves recognizing and evaluating potential opportunities and determining whether they can be turned into viable businesses.

The Process of Perceiving the Possibility of a Profitable New