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Approaches to the Interpretation and Classification of Opportunities in Management

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  • Radko Radev

Abstract

In the present publication there is proposed an interpretation of possibilities, which goes beyond the boundaries of the universally adopted view that those are conditioned solely by the favourable influence of the factors of the external environment. Defended is the proposition that there is needed a more active approach to the perception of possibilities, based on the understanding that all external conditions and internal prerequisites must be regarded as potential sources of possibilities. This approach to the perception of possibilities is conducive to the formation of an entrepreneurial pattern of behaviour and orientation towards continuous development of the business organizations.

Suggested Citation

  • Radko Radev, 2013. "Approaches to the Interpretation and Classification of Opportunities in Management," Business & Management Compass, University of Economics Varna, issue 4, pages 63-75.
    • Handle: RePEc:vrn:journl:y:2013:i:4:p:63-75
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    JEL classification:

    • M10 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - General
    • O22 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Project Analysis
    • Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development

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