_________ theory regarding strategic thinking conceptualizes the relationship between a changing environment, managerial decision-making, and performance.

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Contingency theory suggests that there is no one best way to make decisions, organize a corporation, or lead a company. Instead, the optimal course of action is contingent upon the internal and external situation. This theory applies to strategic thinking by emphasizing the importance of adapting strategies based on the changing environment and its impact on managerial decision-making and organizational performance.

_________ Theory Regarding Strategic Thinking Conceptualizes the Relationship Between a Changing