Which of the Following Statements Is True Concerning Contingency Theory

question 49

Multiple Choice

Which of the following statements is true concerning contingency theory?

• A) Contingency theory reinforces scientific management's approach of the "one best way."
• B) Contingency theory suggests that managers must use the best management practice in all situations.
• C) Contingency theory suggests that no strategy is good or bad in and of itself, but instead depends on the situation.
• D) Contingency theory suggests that organizations that can learn faster than their competitors have an advantage in the marketplace.

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Definitions:

Tariff Revenue

The income generated by a government from imposing taxes on imported goods.

Imported Oil

Oil that is brought into a country from abroad for use in domestic consumption or production.

Pollution Control Regulations

Laws and rules established by governments to minimize the discharge of pollutants into the environment and to manage waste.

Alaska National Wildlife Refuge

A protected area in Alaska that provides habitat for a diverse range of wildlife, including polar bears and caribou.