A business decides to adapt management and organisational approaches to circumstances - HSC - SSCE Business Studies - Question 1 - 2002 - Paper 1

The action of adapting management and organisational approaches to specific circumstances aligns best with the Contingency theory. This theory holds that there is no one best way to manage; instead, effective management depends on the situation at hand. It emphasizes flexibility and the importance of context in managerial decision-making.