assumptions

  

Definition

Accepted cause and effect relationships, or estimates of the existence of a fact from the known existence of other fact(s). Although useful in providing basis for action and in creating 'what if' scenarios to simulate different realities or possible situations, assumptions are dangerous when accepted as reality without thorough examination. See also critical thinking and rule of thumb.

News containing the term assumptions

Loading...



http://www.businessdictionary.com/definition/assumptions.html


Enter your email address to get our free Term of the Day newsletter!

Nearby Terms

Popular 'Decision Making, Problem Solving, & Strategy' Terms

Search volume for assumptions

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z