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There Are Two Ways to Think About Opportunities and Business

Question 92

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There are two ways to think about opportunities and business creation.One is the effectuation model of entrepreneurship mentioned in Chapter One.With this model,you start with what you have - your skills,knowledge,networks,and what needs you see that you can meet by using what you have.The second approach is called the causal model of entrepreneurship.Define this model and contrast it with the previous effectuation model of entrepreneurship.

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The causal model of entrepreneurship is ...

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