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This Theory Argues That the Best Ethical Alternative Is the One

question 17

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This theory argues that the best ethical alternative is the one that will produce the greatest amount of happiness to the largest number of stakeholders.


Definitions:

Contingency Theory

A management theory that suggests the most appropriate form of organizational structure or managerial action depends on the specific situational variables.

Weber's Concept

Theories and principles developed by sociologist Max Weber, including authority types and the characteristics of bureaucracy.

Bureaucracy

A system of administration characterized by strict policies, procedures, and hierarchy, often within large organizations or governments.

Management Duties

The responsibilities held by individuals in managerial positions, including planning, organizing, leading, and controlling organizational resources to achieve specific goals.

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