Examples of items used in the entrepreneurial team mental model questionnaire
| Entrepreneurial activity area | Effectuation | Causation |
|---|---|---|
| Establishment and development of business strategy | Our company’s strategy is fluid; we change it regularly by adapting the plans to the situation | We prioritise work in accordance with the established business objectives |
| Relationships with business partners and competitors | We take advantage of relationships with family and friends in the process of developing our business | We analyse the activities of our competitors to beat them |
| Perception and exploitation of business opportunities | We determine what loss is affordable when taking a risk | We thoroughly analyse costs and profits to select the best solution |
| Reaction to changes and unexpected events | Our company quickly reacts to unexpected situations and treats them as development opportunities | Unexpected situations are not welcome; we try to be prepared for whatever comes |
| Utilisation of resources | Already possessed resources determine the directions of our activity and development of the company | We estimate what resources we need and act to make them available |
| Development of products and solutions | In our company, we experiment with various products and business models | In the beginning, we designed a new solution and we are implementing it in a consistent manner |
| Entrepreneurial activity area | Effectuation | Causation |
|---|---|---|
| Establishment and development of business strategy | Our company’s strategy is fluid; we change it regularly by adapting the plans to the situation | We prioritise work in accordance with the established business objectives |
| Relationships with business partners and competitors | We take advantage of relationships with family and friends in the process of developing our business | We analyse the activities of our competitors to beat them |
| Perception and exploitation of business opportunities | We determine what loss is affordable when taking a risk | We thoroughly analyse costs and profits to select the best solution |
| Reaction to changes and unexpected events | Our company quickly reacts to unexpected situations and treats them as development opportunities | Unexpected situations are not welcome; we try to be prepared for whatever comes |
| Utilisation of resources | Already possessed resources determine the directions of our activity and development of the company | We estimate what resources we need and act to make them available |
| Development of products and solutions | In our company, we experiment with various products and business models | In the beginning, we designed a new solution and we are implementing it in a consistent manner |
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