It refers to the active and intentional process of identifying potential opportunities for innovation, growth, or value creation in various aspects of life, including entrepreneurship, business, career development, and personal growth.

Peter Drucker’s Seven Sources of Innovative Opportunity

Quiz
•
Business
•
12th Grade
•
Hard
Mrs. Gallardo
FREE Resource
8 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Opportunity Screening
Opportunity Seeking
Opportunity Seizing
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
It refers to a lack of harmony, consistency, or compatibility between elements, ideas, or situations. It involves a state of being inappropriately or unexpectedly different or contradictory.
Unexpected Occurrences
Innovation
Incongruity
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
It refer to the statistical characteristics of a population or a specific group of people. These characteristics are often used to analyze and describe various aspects of a population, such as age, gender, income, education, ethnicity, marital status, and more.
Demographics
Inforgraphics
Geographics
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
These changes can have a profound impact on an individual's well-being, behavior, and outlook on life.
Knowledge
Innovation
Technology
Mood
Perception
Meaning
Mental Health
Social Health
Environmental Health
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Advances in scientific and nonscientific knowledge can create new products and new markets.
Innovation
New Knowledge
Changes in industry or market structure
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The opportunity for an innovative product, service or business approach occurs when the underlying foundation of the industry or market shifts.
Innovation
New Knowledge
Changes in industry or market structure
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
An unforseen success, an unepredicted failure or outside event can be a symptom of a unique opportunity.
Demographics
Unexpected occurrences
Incongruity
8.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The increased focus on science and technology led to the creation of technology amidst a growing economy.
New Knowledge
Innovation
Incongruity
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