According to which of the following management approaches, does managerial practice depend on circumstances?
A
Systems Approach
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B
Contingency Approach
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C
Empirical Approach
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D
Human Relations Approach
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Solution
The correct option is B Contingency Approach According contingency management approaches, does managerial practice depend on circumstances. The contingency approach of management can be defined as the style of management which states that there is no one universally applicable set of management principles to organization as management practices depends on situations. It is also known as situational approach of management.