Theory Z is one of the newest applications of the CONTINGENCY MODEL.

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Theory Z is a management theory that was developed by William Ouchi in the 1980s. It is based on the idea that organizations should be managed in a way that takes into account the cultural context of the employees. Theory Z is one of the newest applications of the contingency model, which is a theory that states that there is no one best way to manage an organization. Instead, the best way to manage an organization depends on the specific circumstances of the organization.

Theory Z Is One of the Newest Applications of the CONTINGENCY