1. What is the key difference between causal and effectuation thinking process? a) Causal focuses on what is in the hand, but effectuation don’t look what is in the hand b) In both processes, the resource and outcome is determined c) In causal process, the outcome is already determined, but for effectuation, there is a range of possible outcome. d) Involves the ability to rapidly sense, act and mobilize 2. Which one of the following are the characteristics of the traditionally managed firm? a) Episodic use of rent of required resources b) Opportunity search restricted by controlled resources c) Rapid growth is the top priority d) Management structure is flat with multiple informal networks 3. Lego has been changing the materials of its famous bricks to biodegradable oil-based plastics, what type of entrepreneurial thinking is this? a) Bricolage b) Cognitive adaptability c) Superficial similarities d) Structural similarities 4. Nirob has BDT 10000, a high-speed personal computer with internet access and knowledge about programming as the resource at hand. He has applied these resources to develop a new app that will use a sensor system to record the brain pulse of people. This concept is completely new in his country. What kind of entrepreneurial thinking is this? a) Structural b) Bricolage c) Effectuate d) Cognitive adaptability
1. What is the key difference between causal and effectuation thinking process?
a) Causal focuses on what is in the hand, but effectuation don’t look what is in the hand
b) In both processes, the resource and outcome is determined
c) In causal process, the outcome is already determined, but for effectuation, there is a range of possible outcome.
d) Involves the ability to rapidly sense, act and mobilize
2. Which one of the following are the characteristics of the traditionally managed firm?
a) Episodic use of rent of required resources
b) Opportunity search restricted by controlled resources
c) Rapid growth is the top priority
d) Management structure is flat with multiple informal networks
3. Lego has been changing the materials of its famous bricks to biodegradable oil-based plastics, what type of entrepreneurial thinking is this?
a) Bricolage
b) Cognitive adaptability
c) Superficial similarities
d) Structural similarities
4. Nirob has BDT 10000, a high-speed personal computer with internet access and knowledge about programming as the resource at hand. He has applied these resources to develop a new app that will use a sensor system to record the brain pulse of people. This concept is completely new in his country. What kind of entrepreneurial thinking is this?
a) Structural
b) Bricolage
c) Effectuate
d) Cognitive adaptability
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
