In: Operations Management
Which of the following is the best definition of theory? A set of mathematically verifiable propositions A description of hypothesized relationships Conjecture that has been verified A conceptualization of the facts
The answer is given below:
A conceptualization of the facts
The theory can be defined as a practise where a set of principles, concepts, facts etc would be as a evidence from which knowledge can be gained by the individual. The theory has been tested early and that can be used for any purpose and act as a solution for decision making.