students sometimes think their classes or course material are too theoretical or lacking practical application. Theories are simply generalizations that help us better understand reality. If a theory does not hold true in practice, then that theory holds no value. A theory is a formal, testable explanation of some events that includes explanations of how things relate to one another. Understanding, to gain an understanding of the relationship among various phenomena. Prediction, a theory enables us to predict the behavior or characteristics of one phenomenon from the knowledge of another phenomenon.

2. What are the differences between propositions and hypotheses? Explain by citing an example of each in a business research scenario. (10 points). 3. Find another definition of theory online. How does it compare to the definition given in the textbook? What are some theories offered to explain aspects in your field of business? (20 points)