Interpreting R Squared in a business context requires understanding the scale of the measure, which ranges from 0 to 1. A value closer to 1 indicates a strong relationship between the independent and dependent variables, implying that the model explains a large portion of the variance. Conversely, a value closer to 0 indicates a weak relationship, suggesting that the model does not explain much of the variance. Business leaders should use this information to continuously refine their business models and strategies.