Which variable indicates to management the most appropriate managerial strategy to use in an organization?

A) organizational processes
B) factors of production
C) contextual variables
D) structural variables

Question

Shweta Shahu · Accepted Answer

Final Answer : C, Explanation :  Contextual variables, such as the size of the organization, its technology, and the external environment, provide information that can guide management in determining the most appropriate managerial strategy to use. For example, a small organization may require a more centralized management approach, whereas a larger organization may benefit from a more decentralized approach. Similarly, an organization operating in a rapidly changing environment may require a more flexible and adaptive approach to management, while an organization operating in a more stable environment may benefit from a more structured and hierarchical approach.

Which variable indicates to management the most appropriate managerial strategy to use in an organization?

A) organizational processes
B) factors of production
C) contextual variables
D) structural variables

Definitions

Learning Objectives

Learning Objectives

Related questions

Which variable indicates to management the most appropriate managerial strategy to use in an organization?A) organizational processesB) factors of productionC) contextual variablesD) structural variables

Definitions

Learning Objectives

Learning Objectives

Related questions

Which variable indicates to management the most appropriate managerial strategy to use in an organization?

A) organizational processes
B) factors of production
C) contextual variables
D) structural variables