Question

theory of concept explain it​

Answer 1

Answer:

theory of the business has three parts. First, there are assumptions about the environment of the organization: society and its structure, the market, the customer, and technology. Second, there are assumptions about the specific mission of the organization.

Answer 2

Theory explains how some aspect of human behavior or performance is organized. ... The components of theory are concepts (ideally well defined) and principles. A concept is a symbolic representation of an actual thing - tree, chair, table, computer, distance, etc.