Regarding the evolution of management thought, the contingency approach is
A) open system analysis.
B) the final word.
C) only the beginning.
D) a promising step.
E) a confusing addition.

Question

Quizplus · Accepted Answer

The contingency approach is considered a promising step in the evolution of management thought as it recognizes that there is no one-size-fits-all approach to management and that the most effective management approach depends on the specific situation or context. This approach has led to the development of various management theories and tools that are tailored to specific contexts, such as situational leadership, contingency planning, and the balanced scorecard.

Regarding the Evolution of Management Thought, the Contingency Approach Is