Behavioural comparison of effectuation and causation in farm business
| Dimension | Effectual behavioural characteristics | Causal behavioural characteristics |
|---|---|---|
| a. Means vs goals | The farm business is driven by available means and resources | The farm business is driven by strict targets (e.g. volume of sales, output and capacity utilization) |
| b. Affordable loss vs maximizing returns | The farm business is guided by advanced commitments to what one is prepared to lose | The farm business approach is oriented towards maximization of returns |
| c. Alliances vs competitive market analysis | Uncertainty is reduced by building partnership and pre-commitments of self-selected stakeholders | Uncertainty is identified and avoided through market and competition analysis and other means, e.g. higher inventories |
| d. Leverage on contingencies vs avoid the unexpected | Contingencies/surprises are seen as a source of opportunities | Contingences/surprises are avoided or quickly overcome to reach given farm targets |
| Dimension | Effectual behavioural characteristics | Causal behavioural characteristics |
|---|---|---|
| a. Means vs goals | The farm business is driven by available means and resources | The farm business is driven by strict targets (e.g. volume of sales, output and capacity utilization) |
| b. Affordable loss vs maximizing returns | The farm business is guided by advanced commitments to what one is prepared to lose | The farm business approach is oriented towards maximization of returns |
| c. Alliances vs competitive market analysis | Uncertainty is reduced by building partnership and pre-commitments of self-selected stakeholders | Uncertainty is identified and avoided through market and competition analysis and other means, e.g. higher inventories |
| d. Leverage on contingencies vs avoid the unexpected | Contingencies/surprises are seen as a source of opportunities | Contingences/surprises are avoided or quickly overcome to reach given farm targets |
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