Applications of the Scientific Method Essay Example | Topics and Well Written Essays - 1000 words

Applications of the Scientific Method - Essay ExampleFrom the blood perspective, scientific methods help in making decisions, solving problems strategically or even for testing a modern idea in the market. The specific problem taken for discussion is about growing a forward-looking product that is superior to competitors brands. We shall present a detailed analysis of the proposed hypothesis and gauge the results for understanding the factors influencing the problem and its outcome.Scientific methods help the businesses to deal with the problems in a systematic replicable manner. The process starts with identifying the problem, analyzing the come-at-able factors based on experience, and then forming the hypothesis that would help resolve the problem. The proposed hypothesis has to be testable and it is essential to get together data and information for testing the prediction, and finally it has to be evaluated on the basis of the outcomes generated. The scientific approach th en requires a valid testing of the hypothesis with the available data, rather than relying solely on intuition and theoretic knowledge.Though scientific methods are successful in various fields, it is not so with the world of business, market and policies. The tendency of businesses to deal with the unpredictable human behavior makes the scientific methods to be less plausible. However, adopting the scientific methods for business decision-making can provide a better understanding of the potential market factors as well as the causal effects. Product development plans can be best realized by taking the scientific method or at least the scientific temper of analysis and experimentation, which is followed by product decisions. (Mathur, 2009, p.108).When developing a new product that is superior to competitors brands, the business has to analyze the existing demands and call for of the consumers market. The hypothesis presented is that the new products in the consumer market