Which of the Following Statements Relative to the Theory and Practice

Multiple Choice

Which of the following statements relative to the theory and practice of management is TRUE?

A) Academic theories have little application in business because they are not grounded in reality.
B) The value of theory is that it provides a systematic framework for management activities.
C) Theory is,by definition,very abstract and quite difficult to understand.
D) Managers never develop their own theories of how to run an organization.
E) Management theories tend to be mutually exclusive.