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Definition: Contingency Theory is a class of behavioral theory that claims that there is no best way to organize a corporation, to lead a company, or to make decisions. An organizational / leadership / decision making style that is effective in some situations, may be not successful in other situations. In other words: The optimal organization / leadership / decision-making style depends upon various internal and external constraints (factors). |
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More on organization types: Functional Organization, Hierarchical Organization, Non-governmental Organization, Nonprofit Organization, Organization, more... |
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