If an Experiment Outcome Indicates That the Original Hypothesis Was

question 51

Multiple Choice

If an experiment outcome indicates that the original hypothesis was incorrect,what should the entrepreneur do?

• A)Conduct another experiment.
• B)Adapt the original assumption.
• C)Move forward until there is another assumption to test.
• D)Terminate the product or business concept.

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Definitions:

Self Competency

The ability to understand and manage one's own emotions, behaviors, and capabilities effectively in a professional context.

Chief Executive

The highest-ranking individual in a company or organization, responsible for overall management and decision-making.

Organization Ladder

A metaphor for the hierarchical structure within an organization, representing the various levels of positions and responsibilities.

Downsizing

Downsizing refers to the reduction of a company's workforce to improve its efficiency or reduce costs, often involving layoffs or restructuring.