The Contingency Approach Suggests That

question 15

Multiple Choice

The contingency approach suggests that

• A) there is one best way to manage.
• B) OB theories apply to all situations.
• C) a manager needs to learn a set of hard-and-fast rules.
• D) the best answer depends on the situation.
• E) management practices from the past can be applied to today's situations.

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Definitions:

Special-Interest Effect

The phenomenon where policy decisions are influenced or shaped by the lobbying efforts of a small, focused group, often at the expense of the general public.

Political Parties

Organizations that seek to attain and maintain political power within a government, typically by participating in electoral campaigns, educational outreach, or protest actions.

Paired-Choice Majority Votes

A voting system in which options are matched in pairs and voted upon, with the winner of each pair moving on to compete in subsequent rounds.

Marginal Benefits

The incremental value or satisfaction derived from the use of one more unit of a good or service.