The process of identifying, selecting, and developing new venture opportunities is known as
A)innovativeness.
B)bootstrapping.
C)opportunity recognition.
D)brainstorming.

Question

Quizplus · Accepted Answer

To determine which ideas are strong enough to become new ventures, entrepreneurs must go through a process of identifying, selecting, and developing potential opportunities. This is the process of opportunity recognition.

The Process of Identifying, Selecting, and Developing New Venture Opportunities