The Practice of Hypothesizing,testing,and Validating to Create a Business Model

question 43

Multiple Choice

The practice of hypothesizing,testing,and validating to create a business model is called ______.

• A)scientific entrepreneurship
• B)evidence-based entrepreneurship
• C)business planning
• D)customer value planning

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Definitions:

Moral Realism

is the philosophical viewpoint that moral truths exist independently of human knowledge or perception, and that these truths are objective.

Moral Development

The process through which individuals develop the ability to differentiate right from wrong and to adopt ethical behavior.

Postconventional Reasoning

A level of moral reasoning in which individuals make judgments based on abstract principles and the consideration of ethical fairness.

Kohlberg

Refers to Lawrence Kohlberg, a psychologist known for his theory of moral development stages.