What is contingency theory?
It is a theory based on the concept of if-then. If this is the situation then this should be the solution. It is the simplest explanation of this theory. It is also known as situational approach.
Most of the theories are giving universal rules of management however that's not the reality. Reality is various organizations are having various circumstances which should be managed in a particular manner.
I have explained this theory in Urdu/Hindi.
It is a theory based on the concept of if-then. If this is the situation then this should be the solution. It is the simplest explanation of this theory. It is also known as situational approach.
Most of the theories are giving universal rules of management however that's not the reality. Reality is various organizations are having various circumstances which should be managed in a particular manner.
I have explained this theory in Urdu/Hindi.
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