Olivia's Business Management Approach

What is Olivia's general approach in matching management techniques?

a. systems
b. universal
c. contingency
d. excellence
e. elegist

Answer:

c. contingency

Olivia's general approach in matching management techniques is contingency. Contingency management techniques aim to identify the risks that a company is facing in a specific situation and come up with ways to counter these risks. It is a management technique that adapts to the specific situation of the company.

By choosing the contingency approach, Olivia ensures that she is evaluating each situation individually and tailoring her management techniques accordingly. This allows her to address the unique challenges and opportunities presented by each scenario, leading to more effective and successful business management.

Overall, Olivia's commitment to using the contingency approach demonstrates her flexibility and adaptability as a manager, allowing her to respond effectively to the ever-changing dynamics of the business world.