How would testing a hypothesis be useful in business?

The process of testing a hypothesis can be useful in
business because it can give you information about what actions you should take to
improve your firm.

In a business, people are always trying
to figure out ways to make the firm stronger.  They might try to come up with better
policies or better products.  Whenever they do this, they are producing hypotheses that
could be tested.  For example, let's imagine that you believe that your firm could be
more productive if you allowed people to work from home via computer.  You could test
this hypothesis by running a pilot program where a group of workers telecommuted.  You
would see what impact, if any, telecommuting had on productivity.  This would confirm or
refute your hypothesis.

In this way, coming up with and
testing a hypothesis can be useful in improving the health of a
business.