An Implication of the Contingency Approach to Management Is That

question 6

Multiple Choice

An implication of the contingency approach to management is that:

• A) managers need to spend less time analyzing problems, situations, and employees before taking action to fix them.
• B) a company's problems can be quickly and easily solved if its management takes a few simple steps.
• C) most management ideas and practices are universal.
• D) managers need to look for key possibilities that differentiate today's situation or problems from yesterday's situation or problems.

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Definitions:

Revenue Raising License

A type of license that generates income for the government, often through fees charged for the license.

Contract Law

This branch of law deals with the formation, interpretation, and enforcement of contracts between parties.

Licensing Statute

A law that requires individuals or entities to obtain permission through a license to engage in certain professions or activities.

Criminal Agreement

A mutual understanding or arrangement between two or more parties to commit an illegal act or to achieve a legal end through illegal actions.