Causation and Effectuation in Business Management Issues in the 21st Century
VerifiedAI Summary
This report discusses the meaning of causation and effectuation and its relevance in understanding business management issues in the uncertain global business environment of the 21st century. It explores the differences between the two approaches and how they can be used to manage business functions effectively. The report also discusses the importance of identifying and evaluating resources for developing an effective business plan and the principles of effectuation that can help in managing business activities in an innovative and efficient manner.