According to Contingency Theories, ___

question 99

Multiple Choice

According to contingency theories, ___.

• A) the best management approach is based on theory y assumptions
• B) there is no one best management approach
• C) the best management approach employs formal mathematical models
• D) the best management approach takes human factors into consideration
• E) the best management approach focuses on the economic realities of decision making

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Definitions:

Supply Chain Analytics

The use of data analysis tools and techniques to improve decision-making processes and efficiency within the supply chain, from procurement to delivery.

Sophistication

Refers to the complexity, advanced nature, or level of development of something, such as technology, processes, or systems.

Robustness

Refers to the ability of a system or process to remain effective under a wide range of conditions or stresses.

Systems Theory

An interdisciplinary study of complex systems in nature, society, and science, focusing on their structure, behavior, and dynamics.