Mark is the only individual in his organization who speaks Spanish fluently.His firm just purchased a firm located in Mexico.Mark's boss just told him how valuable he is to the firm.This scenario is an example of what factor in the strategic contingency model?

Question

Quizplus · Accepted Answer

Scarcity refers to the degree to which a resource is rare or unique in an organization. In this scenario, Mark's fluency in Spanish is a scarce resource, as he is the only individual in the organization who possesses this skill. Therefore, his value to the organization increases, as demonstrated by his boss's acknowledgment.

Mark Is the Only Individual in His Organization Who Speaks