When it comes to the knowledge's of business, business fits differently among the following knowledge's; theoretical, practical, descriptive, and prescriptive.

When it comes to business in a theoretical sense it's rarely seen in my opinion. However, if we are speaking of a financial gain to oneself, instead of an intellectual one then that covers the majority of business professionals. The theoretical aspects of business also have to deal with the individual learning experience. This would be best described as a business class for a business major. This would be gaining a deeper understanding of business for personal intellectual gain. And this would be acquired through learning is a classroom environment, watching from someone or something, and listening.

The practical aspects of business are the actual business procedures. The conduction of business is practical because it satisfy the public demand. Business is an essential part of the economy. Therefore...