Business, Legal & Accounting Glossary
Also defined as:
A set of assumptions, propositions, or accepted facts that attempts to provide a plausible or rational explanation of cause-and-effect (causal) relationships among a group of the observed phenomenon. The word “Theory” originates from the Greek word thorós, which means “a spectator”.
The word’s origin stresses the fact that all theories are mental models of the perceived reality.
In theory, things can only get better; however, in practice, they may actually become a lot worse.
To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.
Definitions for Theory are sourced/syndicated and enhanced from:
This glossary post was last updated: 6th January, 2020 | 77 Views.