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AlexFokin [52]
3 years ago
11

This management theory assumes there is no one best way to manage?

Business
1 answer:
Kobotan [32]3 years ago
8 0

The contingency approach to management is based on the idea that there is no single best way to manage. Contingency refers to the immediate contingent circumstances. Effective organizations must tailor their planning, organizing, leading, and controlling to their particular circumstances.

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Discuss how a change in a product design could produce a change in the design of a planning and control system.
RUDIKE [14]

Product design is cross-functional, knowledge-intensive work that has become increasingly important in today's fast-paced, globally competitive environment. It is a key strategic activity in many firms because new products contribute significantly to sales revenue. When firms are able to develop distinctive products, they have opportunities to command premium pricing. Product design is a critical factor in organizational success because it sets the characteristics, features, and performance of the service or good that consumers demand. The objective of product design is to create a good or service with excellent functional utility and sales appeal at an acceptable cost and within a reasonable time. The product should be produced using high-quality, low-cost materials and methods. It should be produced on equipment that is or will be available when production begins. The resulting product should be competitive with or better than similar products on the market in terms of quality, appearance, performance, service life, and price.

6 0
3 years ago
Las relaciones de trabajo saludable que existe entre jefes y empleados es un ejemplo de:
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3 years ago
According to the law of demand consumer demand for a product will decrease if
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7 0
3 years ago
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Galena is a new agent for a financial services company. She decides to join the local chamber of commerce, the local association
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The answer is networking, if there’s more to it then it’s networking to generate leads.
8 0
2 years ago
The NYSE is an example of a(n) _______________ exchange while NASDAQ is an example of a(an) __________________ market. Organized
Lilit [14]

Considering the functions and operations of the organizations, The NYSE is an example of a(n) <u>Organized</u> exchange while NASDAQ is an example of a(an) <u>Over the Counter</u> market.

NYSE is an acronym for the <u>New York Stock Exchange.</u> It is generally considered the most significant capital market in the world, with over $30 trillion. Its stock market is deemed to be stable. It is also known as a designated market.

On the other hand, NASDAQ is an acronym for National Association of Securities Dealers Automated Quotations. However, its stock market is considered to be volatile. It is also a dealer market

Hence, in this case, it is concluded that the correct answer is option A. "<u>Organized; over-the-counter."</u>

Learn more here: brainly.com/question/21993468

7 0
2 years ago
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