Question: The Opportunity Recognition (OpR) model is a staged process model proposed by Lumpkin, Hills and Shrader (2004) to identify the available opportunities. - With an

The Opportunity Recognition (OpR) model is a staged process model proposed by Lumpkin, Hills and Shrader (2004) to identify the available opportunities.

- With an aid of a diagram, elaborate all the stages involved in discovery and formation phase. [20 marks)

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