Under the Contingency View of Management,organisational Phenomena Exist in Logical

question 21

True/False

Under the contingency view of management,organisational phenomena exist in logical patterns and managers can devise and apply similar responses to common types of problems.

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Definitions:

Marketing Environment

Constitutes the external forces, including political, economic, social, and technological factors, that affect a company's marketing strategies and operations.

Environmental Factors

The external influences that can impact a business or an individual’s decision-making process, including economic, social, political, and technological aspects.

Technological Knowledge

The understanding and application of technology, including the methods and techniques used for the production of goods and services.

Better Business Bureau

An organization focused on enhancing marketplace trust by setting standards for ethical business behavior and monitoring compliance among its members.