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Contingency theory is a set of behavioural theory which postulates that there is no single way or the best method to organize and lead an organization in a management set up. Instead, a leader should be appointed who can make decisions based on the situation and relative conditions. This theory was made popular by Fred Fiedler with his famous Contingency model, which paved way for further contingency theories and models with more details and understanding.

Contingency Theory [click to continue…]

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