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What is Contingency Theory? | Strategic Management | From A Business Professor
6:38
YouTubeBusiness School 101
What is Contingency Theory? | Strategic Management | From A Business Professor
Imagine a scenario where a manager uses the same strategy in every situation, regardless of the changing environment or the unique challenges they face. Sounds rigid, right? This is where Contingency Theory comes into play. So what exactly is Contingency Theory? What are its major components and applications? Does it have limitations? In this ...
20.5K views11 months ago
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