The idea that the future is unpredictable yet controllable and entrepreneurs can effect the future is ______.
A)creation view
B)predictive approach
C)theory of effectuation
D)a normal thought in entrepreneurism

Question

Quizplus · Accepted Answer

The theory of effectuation proposes that the future is unpredictable but controllable, and that entrepreneurs can shape the future by taking action based on their resources and relationships, rather than predicting and trying to control the future. This view is distinct from the creation view, which emphasizes the entrepreneur's ability to create a unique product or service, and the predictive approach, which assumes that the future can be forecasted and planned for. Therefore, the best answer is C.

The Idea That the Future Is Unpredictable Yet Controllable and Entrepreneurs