Relying on internal activities and processes, tapping customers and suppliers for ideas, and engaging in other boundary-spanning activities meant to identify emerging trends are all means by which a company can deliberately create a focus on
A) the behaviors of rivals.
B) the likelihood of an industry price war.
C) opportunity recognition.
D) its changing culture.

Question

Quizplus · Accepted Answer

These activities are aimed at identifying new opportunities and trends in the market, which is the essence of opportunity recognition.

Relying on Internal Activities and Processes, Tapping Customers and Suppliers