Question

Olivia owns a store with four employees and is taking Business 2425. She told her class that she tries to match the appropriate management technique to the specific situation. What is her general approach?
a. systems
b. universal
c. contingency
d. excellence
e. elegist

Answer 1

Answer: c. contingency

Explanation:

Contingency management techniques aim to identify the risk that a company is facing by going into a particular situation and then coming up with ways to counter these risks. It is therefore a management technique that tries to adapt to the specific situation of the company.

Olivia in matching an appropriate technique to the company situation is therefore adhering to this management technique.