Asked by Annie Mueller on Jun 09, 2024

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Regarding the evolution of management thought, the contingency approach is

A) open system analysis.
B) the final word.
C) only the beginning.
D) a promising step.
E) a confusing addition.

Contingency Approach

A management theory that suggests the most appropriate organizational structure or management style is contingent upon the internal and external situation.

Evolution of Management

Refers to the historical development and transformation of management theories and practices over time.

Open System Analysis

An approach to analyze organizations by considering the continuous interaction with their environment, enabling adaptation and sustainability.

  • Identify the fundamentals of the contingency approach and its importance in contemporary management techniques.
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MD
Myrtha DesronvilJun 15, 2024
Final Answer :
D
Explanation :
The contingency approach is considered a promising step in the evolution of management thought as it recognizes that there is no one-size-fits-all approach to management and that the most effective management approach depends on the specific situation or context. This approach has led to the development of various management theories and tools that are tailored to specific contexts, such as situational leadership, contingency planning, and the balanced scorecard.