Which of the following statements is true concerning contingency theory?
A) Contingency theory reinforces scientific management's approach of the "one best way."
B) Contingency theory suggests that managers must use the best management practice in all situations.
C) Contingency theory suggests that no strategy is good or bad in and of itself, but instead depends on the situation.
D) Contingency theory suggests that organizations that can learn faster than their competitors have an advantage in the marketplace.

Question

Quizplus · Accepted Answer

This statement is true concerning contingency theory. Contingency theory suggests that there is no one-size-fits-all approach to management, and that the most effective management practice depends on the specific situation. Therefore, no strategy is inherently good or bad, but its success depends on the context in which it is implemented.

Which of the Following Statements Is True Concerning Contingency Theory