The contingency theory paradigm emphasizes the importance of situational factors.

Name: The contingency theory paradigm emphasizes the importance of situational factors.
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Question

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Contingency theory emphasizes that there is no one-size-fits-all approach or universal answer to management practices. Instead, situational factors such as the environment, technology, culture, and goals are taken into account to determine the most effective approach to management.

The Contingency Theory Paradigm Emphasizes the Importance of Situational Factors