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A contingency theory is an organizational theory that claims that there is no best way to organize a corporation, to lead a company, or to make decisions.Instead, the optimal course of action is contingent (dependent) upon the internal and external situation.
Fiedler's contingency model is a dynamic model where the personal characteristics and motivation of the leader are said to interact with the current situation that the group faces. Thus, the contingency model marks a shift away from the tendency to attribute leadership effectiveness to personality alone. [5]
In the United States, a contingent election is used to elect the president or vice president if no candidate receives a majority of the whole number of electors appointed. A presidential contingent election is decided by a special vote of the United States House of Representatives, while a vice-presidential contingent election is decided by a vote of the United States Senate.
The contingency theory thus forwarded an extensive list of 87 variables which affects the different public relations stances taken between pure advocacy and accommodation when organizations deal with their external publics. These variables are divided into two categories based on its external and internal environment.
The three-term contingency (also known as the ABC contingency) is a psychological model describing operant conditioning in three terms consisting of a behavior, its consequence, and the environmental context, as applied in contingency management. The three-term contingency was first defined by B. F. Skinner in the early 1950s. [1]
Continue reading → The post What Is an Appraisal Contingency? appeared first on SmartAsset Blog. If you are buying a home, there are two things you should never, under any conditions, waive. The ...
In order to do this one can use information theory concepts, which gain the information only from the distribution of probability, which can be expressed easily from the contingency table by the relative frequencies. A pivot table is a way to create contingency tables using spreadsheet software.
Continue reading → The post What Is a Mortgage Contingency? appeared first on SmartAsset Blog. Whether you're buying or selling a home, getting the home under contract is just the start of the ...