A preoccupation with instrumental consequences renders a theory that accommodates economic premises yet sidesteps the underlying tensions between the social and economic imperatives that confront organisations. Such a theory risks omitting the pressing descriptive and normative questions raised by these tensions, which, when explored, might hold great promise for a new theory and even for addressing practical management challenges.

What It Means

This is a placeholder explanation generated by the low-overhead model. It interprets "A preoccupation with instrumental consequences renders a theory that accommodates economic premises yet sidesteps the underlying tensions between the social and economic imperatives that confront organisations. Such a theory risks omitting the pressing descriptive and normative questions raised by these tensions, which, when explored, might hold great promise for a new theory and even for addressing practical management challenges." in the context of "p. 280 as cited in: Enyinna, Okechukwu. "Is stakeholder theory really ethical?." African Journal of Business Ethics 7.2 (2013)." to mean that wisdom is timeless.