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The Practicality of Good Theory

In your company's management development program, there was a heated discussion between some people who claimed, "Theory is impractical and thus no good," and others who claimed, "Good theory is the most practical approach to problems." What position would you take and why?

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In a situation of this nature I will take the position that good theory is the most practical approach to problems, due to the fact that good theory is ...

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