Which of the Following Theories Suggests That "There Is No

question 7

Multiple Choice

Which of the following theories suggests that "there is no one best way to organize, but any way of organizing is not equally effective"?

• A)Participative Approach
• B)Open Systems Theory
• C)Contingency Theory
• D)Douglas's Theory Y

---

Definitions:

External Benefit

A benefit from a good or service that is received by someone not directly involved in the transaction or production of that good or service, also known as a positive externality.

Pollution

The introduction of contaminants into the natural environment that cause adverse changes and harm to the ecosystem.

Market Failure

A situation where the allocation of goods and services is not efficient, often leading to a net social welfare loss.

Business Sector

A segment of the economy that represents the activities of businesses, corporations, and private enterprises that provide goods and services to consumers.