The relative importance of each contingency variable _______________________.
A) is dictated by the company's strategy
B) is determined by the firm's industry structure
C) depends on the type of managerial problem being considered
D) All of the above are correct.

Question

Quizplus · Accepted Answer

The relative importance of each contingency variable can indeed be influenced by the company's strategy, the firm's industry structure, and the specific type of managerial problem being considered. This reflects the essence of contingency theory, which posits that there is no one best way to organize or make decisions; instead, the most effective approach depends on the specific internal and external circumstances facing an organization.

The Relative Importance of Each Contingency Variable _______________________