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A business decides to adapt management and organisational approaches to circumstances - HSC - SSCE Business Studies - Question 1 - 2002 - Paper 1
Question 1
A business decides to adapt management and organisational approaches to circumstances. Which management theory does this action best represent? (A) Behavioural (B) ... show full transcript
Worked Solution & Example Answer:A business decides to adapt management and organisational approaches to circumstances - HSC - SSCE Business Studies - Question 1 - 2002 - Paper 1
Step 1
Identify the management theory that best represents adaption
Answer
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.