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The "contingency approach" to management, which emerged as a response to the limitations of earlier universalistic management theories, posits that the effectiveness of specific management practices and organizational structures is intrinsically linked to a complex interplay of factors, including the organization's size, industry, culture, technological sophistication, and the dynamism and complexity of its external environment. This perspective challenges the notion of a "one-size-fits-all" management solution and instead advocates for a more nuanced and adaptable approach. The contingency approach emphasizes the need to tailor management practices to the specific context of an organization. It recognizes that different situations call for different approaches, and there is no universally applicable solution. This requires managers to be adaptable and flexible, adjusting their strategies and practices based on the unique characteristics of their organization and its environment.
Length and breadth of a rectangular field is (x + 5) cm and (x – 4) cm, respectively. If the cost of ploughing the field at a rate of Rs. 7 per cm² i...
Ajay lists an item at 42% higher than its cost price and gives a 20% discount on this marked price. Determine the percentage of p...
In what ratio should Darjeeling Tea costing Rs. 500 per kg mixed with Assam Tea costing Rs. 350 per kg, so that by selling the mixture at Ra. 480 per ...
A trader mixes two types of rice varieties with a cost of Rs.68 and Rs.80. If he sells the mixture of Rs.88 at 25% profit, in what ratio he mixes two ty...
In what ratio rice at 47 Rs/kg should be mixed with the rice at 28 Rs/kg so that selling mixture at Rs 45 per kg gives the profit of 25% if the quantity...
A car travel 20km/h for 30 min and at x km/h for 45 min. If the average speed of the car for entire journey is 14 km/h find the value of x.
If 120 liters of milk solution contains 60% milk, how much milk should be added to make the solution 80% milk?
A shopkeeper has 76 kg rice a part of it, he sells at the profit of 48% and rest at loss of 28% and he get the loss of 16% so what is the quantity sold ...
In a Mixture, the ratio of Milk and Water is 7: 5. If 12 litre mixture drawn off and replace by 8 litre water then the ratio of Milk and Water become 1...