A business owner accepts the importance of the ________ theory. Consequently he has structured his company to fit the factors that affect it the most in an effort to eliminate as much uncertainty as possible.
A) contingency
B) best-fit
C) profit
D) standardized

Question

Quizplus · Accepted Answer

The scenario suggests that the business owner has structured the company based on the factors that affect it the most. This approach aligns with the contingency theory, which suggests that there is no one best way to run a business and the optimal approach depends on the specific situation and context. The goal is to reduce uncertainty by adapting to the unique circumstances of the organization.

A Business Owner Accepts the Importance of the ________ Theory