Entrepreneurship is frequently depicted in the media as a free-wheeling, risk-seeking adventure. While certainly involving risk-taking and intuitive decision-making, the adventure of entrepreneurship is best undertaken from the rational perspective of a science than from a haphazard approach. This course, for example, takes a scientific approach to the formation of entrepreneurial ventures.
The first step in the scientific method is problem recognition. Last week in Module 1, you identified a market with a problem that’s in need of a solution. To complete the Module 1 assignment, you produced a problem statement naming the specific market and defining its particular problem.
The second step in the scientific method is to translate the observed problem into a hypothesis. The purpose of science is not merely to find problems but to solve them. A hypothesis presents an educated guess regarding how the observed problem can be solved. You could think of a hypothesis as an “if-then” statement. “If this action is taken, then this result will occur.”
The purpose of the Module 2 assignment is to choose one market disruption problem from your Module 1 assignment and develop three different hypotheses with their associated independent and dependent variables that are measurable, testable, and meaningful. Note: This assignment will impact future assignments throughout the course, including the Module 5 individual assignment, the Draft Summary Business Model Canvas. Be sure to read the assignment description and rubric for all requirements.
The purpose of this assignment is to choose one market disruption problem from Topic 1, then develop three different hypotheses and identify the associated independent and dependent variables that are measurable, testable, and meaningful. Consider all potential issues from the Topic 1 assignment and choose a single problem to solve potentially. Be sure to select a problem that is not yet solved. Remember, a hypothesis is just an “I think” statement that needs to be fully developed with potential solutions and variables. Ultimately, much time and money could be spent on this issue, so a time of expenditures upfront with this brainstorming process around various hypotheses is imperative.
Use the “Hypothesis Statements – Overview and Template” resource to complete this assignment. You will need to complete Parts 1 and 2 in the template. Complete the hypotheses grid using good, better, and best versions of the three hypotheses related to the single problem you have identified and the solution you have proposed for the problem. Include the dependent and independent variables for each. You will also compose a short summary in Part 2 within the template. Note: This assignment will impact future assignments throughout the course, including the Topic 5 individual assignment, the Draft Summary Business Model Canvas.
Why Work with Us
Top Quality and Well-Researched Papers
We always make sure that writers follow all your instructions precisely. You can choose your academic level: high school, college/university or professional, and we will assign a writer who has a respective degree.
Professional and Experienced Academic Writers
We have a team of professional writers with experience in academic and business writing. Many are native speakers and able to perform any task for which you need help.
Free Unlimited Revisions
If you think we missed something, send your order for a free revision. You have 10 days to submit the order for review after you have received the final document. You can do this yourself after logging into your personal account or by contacting our support.
Prompt Delivery and 100% Money-Back-Guarantee
All papers are always delivered on time. In case we need more time to master your paper, we may contact you regarding the deadline extension. In case you cannot provide us with more time, a 100% refund is guaranteed.
Original & Confidential
We use several writing tools checks to ensure that all documents you receive are free from plagiarism. Our editors carefully review all quotations in the text. We also promise maximum confidentiality in all of our services.
24/7 Customer Support
Our support agents are available 24 hours a day 7 days a week and committed to providing you with the best customer experience. Get in touch whenever you need any assistance.
Try it now!
How it works?
Follow these simple steps to get your paper done
Place your order
Fill in the order form and provide all details of your assignment.
Proceed with the payment
Choose the payment system that suits you most.
Receive the final file
Once your paper is ready, we will email it to you.
No need to work on your paper at night. Sleep tight, we will cover your back. We offer all kinds of writing services.
No matter what kind of academic paper you need and how urgent you need it, you are welcome to choose your academic level and the type of your paper at an affordable price. We take care of all your paper needs and give a 24/7 customer care support system.
Admission Essays & Business Writing Help
An admission essay is an essay or other written statement by a candidate, often a potential student enrolling in a college, university, or graduate school. You can be rest assurred that through our service we will write the best admission essay for you.
Our academic writers and editors make the necessary changes to your paper so that it is polished. We also format your document by correctly quoting the sources and creating reference lists in the formats APA, Harvard, MLA, Chicago / Turabian.
If you think your paper could be improved, you can request a review. In this case, your paper will be checked by the writer or assigned to an editor. You can use this option as many times as you see fit. This is free because we want you to be completely satisfied with the service offered.