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Entrepreneurs Should Try to Address Every Potential Customer in a Market

question 38

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Entrepreneurs should try to address every potential customer in a market.


Definitions:

Replication

The process of repeating a study or experiment to verify its findings under similar conditions.

Earlier Research

Previous studies or scientific investigations conducted before the current study.

Scientific Theory

A well-substantiated explanation of some aspect of the natural world, based on a body of facts that have been repeatedly confirmed through observation and experimentation.

Testable

A quality of a hypothesis that allows it to be proven true or false through experimentation or observation.

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