Opportunity recognition involves two phases of activity: discovery and execution.

Name: Opportunity recognition involves two phases of activity: discovery and execution.
Brand: Quizplus
Rating: 4.9 (34 reviews)

Question

Quizplus · Accepted Answer

Opportunity recognition refers to more than just the Eureka feeling that people sometimes experience at the moment they identify a new idea. Although such insights are often very important, the opportunity recognition process involves two phases of activity (discovery and evaluation) that lead to viable new venture opportunities.

Opportunity Recognition Involves Two Phases of Activity: Discovery and Execution