Scientific Method

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Full list of words from this list:

words only definitions & notes
  1. scientific method
    a systematic way of investigating to test a hypothesis
    The Scientific Method applied to Business
    Jul 1, 2002 - © Herb Wexler

    I am surprised at how many small businesses determine their targets.
  2. hypothesis
    a tentative insight that is not yet verified or tested
    Many people saw apples fall to the ground, but it was Isaac Newton who asked why.

    2.Hypothesis or Theory (If you are uncomfortable with large words substitute guess).
  3. profit margin
    the ratio gross profits divided by net sales
    A 5% profit margin is good because it is a nice number-the same as the number of fingers on one hand.
  4. republish
    publish again
    Permission to republish The Scientific Method applied to Business in print or online must be granted by the author in writing.
  5. experimentation
    the testing of an idea
    "Newton proposed his law of gravitation in 1687 and stated that every particle in the universe attracts every other particle in the universe with a force that depends on the product of the two particles' masses divided by the square of the distance between them."*

    3.Experimentation
  6. particle
    (nontechnical usage) a tiny piece of anything
    "Newton proposed his law of gravitation in 1687 and stated that every particle in the universe attracts every other particle in the universe with a force that depends on the product of the two particles' masses divided by the square of the distance between them."*

    3.Experimentation
  7. entrepreneur
    someone who organizes a business venture
    Entrepreneurs are always asking questions.
  8. theory
    a belief that can guide behavior
    Many people saw apples fall to the ground, but it was Isaac Newton who asked why.

    2.Hypothesis or Theory (If you are uncomfortable with large words substitute guess).
  9. observation
    the act of taking a patient look
    The Scientific Method:

    1.Observation
  10. systematic
    characterized by order and planning
    As a company progresses and more facts are available, decisions should be made in a more systematic manner.
  11. observe
    watch attentively
    This step is an attempt to explain the observed events.
Created on Fri Feb 12 10:04:54 EST 2010

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