What is contingency theory in management? Contingency theory is a management theory that argues there is no single best approach to management; instead, it asserts that effective leadership is ...

Contingency management (CM) is a behavioral therapy technique that encourages beneficial behaviors by giving rewards or positive reinforcement. CM incentivizes certain behaviors and discourages ...

Opinions expressed by Entrepreneur contributors are their own. As a leader, it is extremely important to understand all the factors and situations before making any decision. Making decisions under ...