CSEET · Business Laws and Management · Principles of Management and Modern Approaches
Which of the following is a feature of the contingency (situational) approach to management?
The contingency approach says management practice should be adapted to the specific situation and its variables. It rejects the idea of one best way for all circumstances, holding that the right action depends on factors like environment, technology and people involved.
- AThere is one best way of managing applicable in all situations
- BManagement practice should be adapted to the specific situation and its variablesCorrect
- COnly the formal organisation structure matters for effectiveness
- DWorkers are motivated only by economic rewards
Explanation
The contingency approach holds that there is no universal best way; the suitable managerial action depends on situational factors such as environment, technology and people. The other options reflect classical views of universality, structure-only focus or purely economic motivation.
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