Friday, February 21, 2020

Explain the differences between a thesis statement and a hypothesis Essay

Explain the differences between a thesis statement and a hypothesis - Essay Example Hypothesis: this is a tentative but educated guess about how things work. It is constructed as, ‘’if this happens, then that will happen’’. Hypothesis must be something that can be tested (Bruce 2014). 1) Thesis statement actually shows, in a nutshell what the reader expects to find in the essay just before they begin reading it. On the other hand, a hypothesis is a theory that has been postulated and stands to be proved by the research in case it is true or false. Therefore, thesis statement is more definite and do not need to be proved, unlike a hypothesis which is just a postulation and must be proved by an experiment. 2) A thesis statement is a line within a paragraph which gives the reader a limelight of what the writer’s argument is, it is like a roadmap. On the other hand, a hypothesis is a statement which is listed and can be numbered. There can be many hypotheses about the research that can be tested by the research if they are true or false. 3) Through a thesis statement, the reader can get a glimpse of what the storyline or the essay is all about since it states what you need to find in the essay and sometimes, the side of the argument taken by the writer. On the other hand, hypothesis cannot be used to give a reader an idea about an essay since it does not always follow unless tested and

Wednesday, February 5, 2020

Starting and Developing a New Venture Essay Example | Topics and Well Written Essays - 2500 words

Starting and Developing a New Venture - Essay Example Under these circumstances, entrepreneurship comes in handy. Investing in small businesses that do not require large amounts of capital is fits the entrepreneurs whose capital acquisition is limited. With more and more people getting engaged in the small business sector, their ability to meet the basic needs is strengthened as they wait for better opportunities to emerge. The small business sector is composed of many small independent firms that own a little market share. The small firms lack the capability of influencing prices within the market segment that they occupy. The firms in a small business sector lack formalities in their management structures. They are normally dominated by centralized management and individual decision making in the production process. Firms in a small business sector mainly operate on low capital and produce a limited number of products, targeting a narrow array of customers in the market (Nathaniel, 2008: 47). The small business sector is a derivative of entrepreneurship and innovation. Entrepreneurship is the process of undertaking the risk of obtaining goods and services at a particular cost and selling them at predicted prices. It is the process of combining many factors of production in the creation of new enterprises. Innovation is a change in product, service or the method of production and marketing, with the a im of improving competitiveness of a business in the market. The small business sector comes up to satisfy a particular demand existing in a particular locality. Innovative entrepreneurs identify the need for availing nonexistent products and services in the market. They may not be needed in large quantities, but they are essential in the market. A good example is where small scale dealers in spare parts complement the automobile industry in a particular area. Motor vehicle dealers may not