Which Statement BEST Describes Deductive Reasoning

question 33

Multiple Choice

Which statement BEST describes deductive reasoning?

• A) It eliminates the need for statistical analysis.
• B) It is based on the logical syllogism: major premise, minor premise, and conclusion.
• C) It has little application in the interpretation of business research data.
• D) It allows a valid conclusion to be sustained by a false minor premise.

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Definitions:

Financial Advantage

The benefit gained in financial terms, enabling better standing in the market or more resources for operations.

Intermediate Product

A product that undergoes further processing before it becomes a final good ready for sale to the consumer.

Processed Further

A strategic decision in manufacturing pertaining to the continuation of additional operations or processing on a product to enhance its value.

Financial Advantage

The benefit of having a stronger financial position or undertaking actions that result in financial gain, such as cost savings or increased revenue.