Question

Which of the following best describes the core principle of the Contingency Approach to management?

1. There is a single, universally applicable best way to manage all organizations.
2. The effectiveness of management techniques is dependent on the specific situation.
3. Management principles should be rigid and unchanging across different environments.
4. Organizational success relies solely on internal factors, ignoring the external environment.

• A. 2 മാത്രം
• B. 3, 4
• C. 2, 4
• D. 4

Answer 1

Answer:

A. 2 മാത്രം

• The Contingency Approach, also known as the situational approach, is a management theory that emphasizes that there is no 'one size fits all' solution to management challenges.

• It suggests that the most effective management style, organizational structure, and techniques are those that are best adapted to the specific circumstances of the organization and its environment.

• This contrasts with earlier theories that sought universal principles applicable in all situations.