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How does Fiedler's contingency theory differ from other situational theories?
Minimum Efficient Scale
The smallest amount of production a company can achieve while still taking full advantage of economies of scale regarding costs per unit of output.
Diseconomies of Scale
The condition when a company grows so large that the costs per unit increase, causing a decrease in efficiency.
Coordinating
The organization and alignment of activities, processes, or efforts to ensure efficient and effective achievement of goals or outcomes.
Managing
The process of planning, organizing, leading, and controlling resources to achieve specific goals.
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