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this post was submitted on 20 Mar 2024
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Asklemmy
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This is a very brief summary of my 2 year MBA: business school is the scientific method applied to business.
How would you describe the scientific method as applied to business?
They call it PDSA or PDCA, plan do study/check act. They taught me how to make realistic plans, ways to execute and track the execution, ways and metrics to evaluate success, and then how to modify the plan and try again. This is analogous to hypothesis testing in science.