Question: Identify an accurate statement about effectuation. Multiple choice question. Thought processes involving effectuation are most likely to be used in predictable situations. It is a

Identify an accurate statement about effectuation. Multiple choice question. Thought processes involving effectuation are most likely to be used in predictable situations. It is a process that starts with a desired outcome and focuses on the means to generate that outcome. Thought processes involving effectuation are always superior to thought processes that involve causation. It allows entrepreneurs to think effectively in highly uncertain situations

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The status rule: We tend to have more confidence in information presented by someone who has a relatively high status and rank in society than by someone who hasnt.

The spatial rule: The closer spatial proximity we have to an event, the more importance we will attach to it.

The visual rule: If we observe an event with our own eyes, we will attach more weight to it than if someone else had described it to us.