Asked by
Azier Sierra
on Nov 24, 2024
Verified
According to contingency theories:
A) the best management approach focuses on the economic realities of decision making
B) the best management approach takes all human factors into consideration
C) the best management approach is based on Theory Y assumptions
D) the best management approach employs formal mathematical models
E) there is no one best management approach
Contingency Theories
A class of behavioral theory that contends that there is no one best way of organizing a corporation, leading a company, or making decisions, instead it depends on various situational factors.
Theory Y
A management concept that assumes employees are inherently motivated and can exercise self-control and self-direction in achieving objectives.
- Comprehend the essence and applications of contingency thinking in management.
Verified Answer
AA
Learning Objectives
- Comprehend the essence and applications of contingency thinking in management.