An Important Question for the Small Business Owner to Ask

question 42

True/False

An important question for the small business owner to ask before entering global markets is,"If we go global,can we get back out?"

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Definitions:

Scientific Method

A systematic process for gathering knowledge and testing scientific theories and hypotheses through observation and experimentation.

Hypothesis

A proposed explanation for a phenomenon, made as a starting point for further investigation, which can be tested through research and experimentation.

Theory

A coherent group of propositions formulated to explain a group of facts or phenomena in the natural world and repeatedly confirmed through experiment or observation.

Operational Definition

A definition that provides an objective description of how a variable is going to be measured and observed in a particular study.