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The contingency approach is a management theory that suggests there is no one-size-fits-all solution to organizational problems; instead, the best course of action depends on the specific circumstances and variables at play. This approach is popular because it allows for flexibility and adaptability, enabling managers to tailor their strategies to different situations, environments, and individual employee needs. By considering factors such as organizational structure, culture, and external conditions, the contingency approach helps organizations respond effectively to changing demands and challenges.

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3w ago

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