Essay by preetooUniversity, Master'sA, October 2014

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School of Engineering and Information Technology


Student Name

Navpreet Kaur

Student ID


Assessment Title

Case Study 1

Unit Number and Title

PRT503 Entrepreneurship for Professionals


Mr. Jamal El-Den

Date Submitted

07 August 2014

Date Received

Office use only

KEEP A COPY Please be sure to make a copy of your work. If you have submitted assessment work electronically make sure you have a backup copy.

PLAGIARISM Plagiarism is the presentation of the work of another without acknowledgement. Students may use a limited amount of information and ideas expressed by others but this use must be identified by appropriate referencing.

CONSEQUENCES OF PLAGIARISM Plagiarism is misconduct as defined under the Student Conduct By-Laws. The penalties associated with plagiarism are designed to impose sanctions on offenders that reflect the seriousness of the University's commitment to academic integrity.

I declare that all material in this assessment is my own work except where there is a clear acknowledgement and reference to the work of others.

I have read the University's Academic and Scientific Misconduct Policy and understand its implications.*


Signed…Navpreet Kaur……………………………..Date ……. 07August 2014 ………………………..

* By submitting this assignment and cover sheet electronically, in whatever form you are deemed to have made the declaration set out above.

Do you really think that entrepreneurs think effectually? What about yourself-do you sometimes think effectually? In what ways is it good? Then why are we taught in business classes to always think causally?

Solution: According to me, it is true that entrepreneurs think effectually. An entrepreneurial mindset focuses more on effectual thinking than causal thinking. Effectual thinking plays a vital role in starting a new business venture. Entrepreneurs have hidden talent of creativity and imagination in them which help them in finding many diverse ways to achieve success. They...