All of the following are basic elements in the opportunity recognition process developed by Lumpkin, Hills and Shrader, except:

Question

Quizplus · Accepted Answer

Development is not listed as one of the basic elements in the opportunity recognition process according to Lumpkin, Hills, and Shrader. Their model typically includes stages such as incubation, insight, and elaboration, focusing on the cognitive processes leading to the recognition of new opportunities.

All of the Following Are Basic Elements in the Opportunity