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Which of the following is a key principle of contingency theory in management?

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Question: Which of the following is a key principle of contingency theory in management?

Options:

  1. There is one best way to manage
  2. Management practices should be tailored to specific situations
  3. All organizations should be structured the same way
  4. Leadership styles are universally applicable

Correct Answer: Management practices should be tailored to specific situations

Solution: 

Contingency theory posits that management practices should be adapted based on the specific circumstances and context.

Which of the following is a key principle of contingency theory in management?

Practice Questions

Q1
Which of the following is a key principle of contingency theory in management?
  1. There is one best way to manage
  2. Management practices should be tailored to specific situations
  3. All organizations should be structured the same way
  4. Leadership styles are universally applicable

Questions & Step-by-Step Solutions

Which of the following is a key principle of contingency theory in management?
  • Step 1: Understand that contingency theory is about adapting management practices.
  • Step 2: Recognize that there is no one-size-fits-all approach in management.
  • Step 3: Identify that the specific circumstances and context of a situation should guide management decisions.
  • Step 4: Conclude that effective management depends on the unique factors present in each situation.
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