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In philosophy and science, a first principle is a basic proposition or assumption that cannot be deduced from any other proposition or assumption. First principles in philosophy are from first cause [1] attitudes and taught by Aristotelians, and nuanced versions of first principles are referred to as postulates by Kantians.
CVP analysis employs the same basic assumptions as in breakeven analysis. The assumptions underlying CVP analysis are: The behavior of both costs and revenues is linear throughout the relevant range of activity. (This assumption precludes the concept of volume discounts on either purchased materials or sales.)
An axiom, postulate, or assumption is a statement that is taken to be true, to serve as a premise or starting point for further reasoning and arguments. The word comes from the Ancient Greek word ἀξίωμα ( axíōma ), meaning 'that which is thought worthy or fit' or 'that which commends itself as evident'.
Some philosophers follow Aristotle in describing metaphysics as "first philosophy", suggesting that it is the most basic inquiry upon which all other branches of philosophy depend in some way. [7] [b] Immanuel Kant conceived metaphysics from the perspective of critical philosophy as the study of the principles underlying all human thought and ...
The strategic assumptions surfacing and testing method is one rigorous method of identifying strategic assumptions. Like other types of assumptions, strategic assumptions are the assumptions held by decision-makers about different types of factors and drivers of change that have influenced their thinking, decision-making or planning.
Critical thinking is the process of analyzing available facts, evidence, observations, and arguments to make sound conclusions or informed choices. It involves recognizing underlying assumptions, providing justifications for ideas and actions, evaluating these justifications through comparisons with varying perspectives, and assessing their rationality and potential consequences. [1]
Statistical assumptions can be put into two classes, depending upon which approach to inference is used. Model-based assumptions. These include the following three types: Distributional assumptions. Where a statistical model involves terms relating to random errors, assumptions may be made about the probability distribution of these errors. [5]
The basic assumptions of rational choice theory do not take into account external factors (social, cultural, economic) that interfere with autonomous decision-making. Representatives of the biopolitical paradigm such as Michel Foucault drew attention to the micro-power structures that shape the soul, body and mind and thus top-down impose ...