BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -Inductive reasoning is a bottom-up approach, while deductive reasoning is top-down. Inductive reasoning takes you from the specific to the general, while in deductive reasoning, you make inferences by going from general premises to specific conclusions.

Detailed explanation-2: -Empirical research uses inductive reasoning to draw conclusions about the experimentation and observations. Inductive reasoning is where specific observations or measurements are made in order to develop broader conclusions, generalizations and theories.

Detailed explanation-3: -Key Takeaways. The inductive approach begins with a set of empirical observations, seeking patterns in those observations, and then theorizing about those patterns. The deductive approach begins with a theory, developing hypotheses from that theory, and then collecting and analyzing data to test those hypotheses.

Detailed explanation-4: -Inductive reasoning is a method of reasoning in which a general principle is derived from a body of observations. It consists of making broad generalizations based on specific observations.