1 What is Baseline Logic 2 How can it be measured Subject Bu

1. What is Baseline Logic?

2. How can it be measured?

Subject: Business Plan Development

Please Make sense when answer.

Solution

1. a term sometimes used to refer to the experimental reasoning inherent in single subject experimental designs; entails three elements: prediction, verification, and replication. baseline is a condition of an experiment in which the independent variable is not present; data obtained during baseline are the basis for determining the effects of the independent variable; a control condition that does not necessarily mean the absence of instruction or treatment, only the absence of a specific independent variable of experimental interest.

2. it can be measured with relation to the relation between dependent variables and independent variables. in business plans, the dependent variables are demand for a product, sales for the product, revenues of the firm and so on. independent variables are: market conditions, consumer priorities, availability of alternatives and so on.