The contingency school of thought has developed on the idea that there is no single best method to find solutions to managerial problems.
Q1. The contingency school of thought has developed on the idea that there is no single best method to find solutions to managerial problems.
Answer: contingency
Explanation: The contingency approach rejects universal management prescriptions, arguing that the best management practice is contingent upon the specific circumstances, environment, and challenges facing an organization.