| | | Term of the Day | 1. Problem solving: Step-by-step approach consisting of (1) identifying and defining a problem, (2) accumulating relevant data, (3) formulating a tentative hypothesis, (4) conducting experiments to test the hypothesis, (5) interpreting the results objectively, and (6) repeating the steps until an acceptable solution is found. 2. Sciences: Rigorous, systematic approach, designed to eliminate bias and other subjective influences in the search, identification, and measurement or validation of facts and cause-effect relationships, and from which scientific lawsmay be deduced. | | Usage Example The advertising team used a very thorough process of the scientific method to determine if its ads were effectively reaching the customers. | |
| | | Friday Quiz Challenge Test your knowledge of this week's terms | Question: | This is a helpful measurement that can shed light on how volatile a stock is based on historical data. | Choose the Right Answer: | |
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| | | Featured Article | Coming up with a strong, winning strategy for your company should be the backbone of your business plan. Strategies for each kind of company in different... | |
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| Term of the Day | 1. Problem solving: Step-by-step approach consisting of (1) identifying and defining a problem, (2) accumulating relevant data, (3) formulating a tentative hypothesis, (4) conducting experiments to test the hypothesis, (5) interpreting the results objectively, and (6) repeating the steps until an acceptable solution is found. 2. Sciences: Rigorous, systematic approach, designed to eliminate bias and other subjective influences in the search, identification, and measurement or validation of facts and cause-effect relationships, and from which scientific lawsmay be deduced. | | Usage Example The advertising team used a very thorough process of the scientific method to determine if its ads were effectively reaching the customers. | |
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| Friday Quiz Challenge Test your knowledge of this week's terms | Question: | This is a helpful measurement that can shed light on how volatile a stock is based on historical data. | Choose the Right Answer: | |
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| Featured Article | Coming up with a strong, winning strategy for your company should be the backbone of your business plan. Strategies for each kind of company in different... | |
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