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    Topic 2 - Week 3 1. There are two traditional approaches to theory construction that provide an insight on how theories are constructed. These are the inductive approach and deductive approach. a) Outline the steps involved in the above two approaches b) State the difference between the two approaches. 2. “The modern rational organisation of capitalistic enterprise would not have been possible without two other important factors in its development: the separation of business

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    Inductive Reasoning

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    An example of inductive reasoning would be Erik leaves for school at 7:30 am Erik is always on time. Erik assumes‚ then‚ that he will always be on time. The premise of this example is that Erik likes to be on time. The conclusion is that Erik likes to be on time and can be late no matter what in his mind. It is inductive reasoning because he predicts when he should be there based of one initial time. Another example of inductive reasoning would be that if lee is an excellent swimmer. lee has a swimming

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    Journal of Management Studies 4 0; 1 J anuary 2003 0022-2380 Strategy Creation in the Periphery: Inductive Versus Deductive Strategy Making* Patrick Regner Institute of International Business‚ Stockholm School of Economics ABSTRACT Although Strategy process research has provided careful and in-depth descriptions and examinations of strategy‚ micro-level processes and activities have been less commonly evaluated‚ especially as regards strategy creation and development. This paper

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    Deductive Reasoning

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    Deductive Reasoning In order to fully understand deductive reasoning‚ there are certain points to be noted. First‚ what is the nature of deductive reasoning? Logical strength is defined as the property of an argument whose premises‚ if true provide support for its conclusion. Deductive and inductive arguments are also distinguished based on the point that logical strength is a matter of degree. This distinction makes it necessary to understand the nature of deductive reasoning. Therefore‚ deductive

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    Inductive Argument

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    April 22‚ 2014 Inductive and Deductive Argument Instructor: Ivey Shelton CRT/205 While reading both articles The Death Penalty Violates the Constitution of the United States and Cyberbullying Has a Broader Impact than Traditional Bullying‚ I found that there were both deductive and inductive argument presented with in the articles. On the first article about the death penalty‚ the author used inductive arguments to make his point. An example of and inductive argument in this article

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    Microeconomics for Business Decisions 2. #What is the difference between deductive and inductive methods in economics when discussing theories? Inductive methods in economics starts from the gathering of facts and data before forming a theory based on the results gathered. However‚ a deductive method begins with general theories and principles about economics‚ generating a hypothesis before testing them‚ a reverse of inductive methods in economics when discussing theories. 9. # Briefly outline

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    Inductive Method

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    INDUCTIVE METHOD What is the Inductive Method? The inductive teaching method or process goes from the specific to the general and may be based on specific experiments or experimental learning exercises. Advantages 1. It gives a new knowledge. 2. It is a method of discovery. 3. It is a method of teaching. 4. Child acquires firsthand knowledge and information by actual observation. 5. It is a slow process. 6. It trains the mind and gives self confidence and initiative 7. It is full

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    Deductive Reasoning

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    Deductive reasoning Deductive reasoning happens when a researcher works from the more general information to the more specific. Sometimes this is called the “top-down” approach because the researcher starts at the top with a very broad spectrum of information and they work their way down to a specific conclusion. For instance‚ a researcher might begin with a theory about his or her topic of interest. From there‚ he or she would narrow that down into more specific hypotheses that can be tested. The

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    outcomes. RELATED ARTICLES A Mixed Method Design Deductive and Inductive Reasoning The Raven Paradox - How Hempel’s Treatise Led to Questioning of the Inductive Reasoning Process The scientific method Teaching methods can either be inductive or deductive or some combination of the two. The inductive teaching method or process goes from the specific to the general and may be based on specific experiments or experimental learning exercises. Deductive teaching method progresses from general concept

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    The Importance of Deductive Reasoning Kelly Douglas CRT/205 Alicia Mandolini October 7‚ 2012 We make decisions each and every day; everything we say and do is the result of a decision. For every choice‚ big or small‚ there is no easy formula for making the right decision. The best an individual can do is to approach it from as many perspectives as possible and then choose a course of action that is reasonable and balanced at that time. It is important to understand what is known prior

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