The contingency approach to management states that there is a single best way to manage all organizations.

Question

Quizplus · Accepted Answer

The contingency approach to management suggests that there is no single best way to manage all organizations. Instead, the approach emphasizes that management strategies must be flexible and adapted to suit individual organizations and their unique situations. Factors such as the organization's size, industry, culture, and environment all play a role in determining the most effective management approach.

The Contingency Approach to Management States That There Is a Single