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Acronyms that contain the term contingency theory
What does contingency theory mean? This page is about the various possible meanings of the acronym, abbreviation, shorthand or slang term: contingency theory.
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What does contingency theory mean?
- Contingency theory
- A contingency theory is an organizational theory that claims that there is no best way to organize a corporation, to lead a company, or to make decisions. Instead, the optimal course of action is contingent (dependent) upon the internal and external situation. Contingent leaders are flexible in choosing and adapting to succinct strategies to suit change in situation at a particular period in time in the running of the organization.
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"contingency theory." Abbreviations.com. STANDS4 LLC, 2024. Web. 22 Jun 2024. <https://www.abbreviations.com/contingency%20theory>.
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