Handbook of Management Scales/Opportunity Exploitation

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Opportunity Exploitation (alpha = 0.79)

Definition

Opportunity exploitation is characterized by developing a product or service based on a perceived entrepreneurial opportunity, acquiring appropriate human resources, gathering financial resources, and setting up the organization

Items

  • I have set up an organization to pursue a business opportunity I perceived
  • Based on a business opportunity I perceived, I have developed a new market
  • I have put together an entrepreneurial team to pursue a business opportunity I perceived
  • I have approached investors (e.g. business angels or venture capitalists) to acquire funding for a business opportunity

Source

Opportunity Recognition

Category:

  • Handbook of Management Scales
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