The MBA is basically a document that certifies that you have a general competency in all the major functional management roles youâll find in the modern corporation. An MBA is a career accelerator across a number of industries and MBA graduates can usually command higher salaries.
Definition of theoretical for English Language Learners : relating to what is possible or imagined rather than to what is known to be true or real : relating to the general principles or ideas of a subject rather than the practical uses of those ideas
The conceptual definition is considered to be the (scientific) text book definition. The construct must then be operationally defined to model the conceptual definition. An Operational Definition is the actual method, tool, or technique which indicates how the concept will be measured (see Figures below).