CSEET · Business Laws and Management · Principles of Management and Modern Approaches
Statement I: The contingency approach holds that there is no single best way to manage in all situations. Statement II: The contingency approach says managerial action should depend on the situation and the environment faced by the organisation. Which is correct?
Both statements are correct. The contingency approach denies that one best method exists for every situation and holds that the right managerial action depends on the particular circumstances and environment the organisation faces, so managers must adapt their style and techniques accordingly.
- AOnly Statement I is correct
- BOnly Statement II is correct
- CBoth Statements I and II are correctCorrect
- DNeither statement is correct
Explanation
The contingency (situational) approach rejects universal principles and says the appropriate managerial action depends on the circumstances. Both statements express this idea, so both are correct.
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