Contingency theory

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Notion

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Science and technology

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What Wikipedia says

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.

Excerpt from the Wikipedia article “Contingency theory”, under the CC BY-SA 4.0 license. Read the article on Wikipedia