Theory in Practice There are many ways in which an academic phenomenon applies to real world situations. From this comes the notion that there is only so much information an individual can learn from a traditional classroom learning environment. To furthermore an understanding one must indulge in the real world application of their learning to help better shape the understanding of material. For most of the real world applications comes a theory that supports its authenticity. These theories are
However, the further suggested that working capital investment could be optimized also (1) by improving the terms on which firms bought goods i.e. creditors and payment of cash, and (2) by eliminating the administrative delays i.e. the deficiencies of paper-work flow which tended to extend the time-frame