BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -Empiricism, often used by natural scientists, says that “knowledge is based on experience” and that “knowledge is tentative and probabilistic, subject to continued revision and falsification". Empirical research, including experiments and validated measurement tools, guides the scientific method.

Detailed explanation-2: -Empiricism involves acquiring knowledge through observation and experience. Once again many of you may have believed that all swans are white because you have only ever seen white swans. For centuries people believed the world is flat because it appears to be flat.

Detailed explanation-3: -In science, empiricism heavily emphasizes the use of experiments and observation to collect evidence and draw conclusions. The goal of such experimentation is to apply theories to real-world observations, record the findings in the form of empirical data and present them to the relevant audience.

Detailed explanation-4: -Empiricism and rationalism are the key cornerstones of the scientific method. Scientists use reasoning (mostly deductive reasoning) to provide a theoretical and empirical rationale for the research, to develop hypotheses, and to determine the validity of the results.