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  1. Formulate a Question
    • The first requirement of the scientific method is that a scientist explore and observe the world around him and formulate a question that he wants to answer by conducting a science experiment. Because the scientific method takes quite a bit of time, scientists should choose questions that interests them so that they don't become bored of the experiment they are conducting. You should also strive to ask a question that hasn't been asked before or that hasn't been answered fully.

    Develop a Hypothesis
    • The second essential tenet of the scientific method is to develop your hypothesis. The hypothesis is a statement in which the scientist defines what she thinks is going to happen during the experiment. For example, if a scientist is conducting an experiment on whether or not a plant will grow and live without water, her hypothesis might be: "If I don't water these plants, then the plants will not live." Remember that a hypothesis does not have to be correct. It is simply an educated guess.

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    Design an Experiment
    • Because only those hypotheses that can be tested with a measurable experiment are valid, the third tenet of the scientific method is to design an experiment. When designing an experiment, a scientist should include both a control group, as well as any variables that he will be testing in his experiment. For example, if a scientist is testing whether or not a certain plant can survive without water, she would need to have a control group, in which a plant received adequate water. Having the control group ensures that the plant that is not being watered is not dying because of some other condition.

    Draw a Conclusion
    • After an experiment is conducted, the scientist will need to draw a conclusion. Many scientists draw conclusions by organizing and developing their results into a formal report so that other scientists can review their results. It is necessary that a scientist includes all of the information that she found during the experiment, whether or not it supports her thesis or overall conclusion. Developing a conclusion without bias is key to ensuring that your experiment maintains credibility.

    Reflect upon Results
    • The final essential principle of the scientific method includes reflecting upon your results. Consider whether or not the results caused you to ask more questions, which could lead you toward another experiment. You should also reflect upon your results with other scientists and determine whether or not your results contradict or prove the theories of other scientists.

Read more: Essential Tenets of the Scientific Method | eHow.com http://www.ehow.com/info_8775195_essential-tenets-scientific-method.html#ixzz1jsbsnMF2

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Q: Explain the essential tenets of the scientific method and why this method is important for business research?
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