When a manager assesses a particular situation and decides what to do according to the individual and environmental situation, the manager is utilizing the viewpoint

Contingency viewpoint

Explanation:

The contingency viewpoint of management is of the view that there is no one-size-fits-all approach in proffering solutions  to challenges an organization faces daily,hence that all issues should be  treated on its own merit and on case to case basis.

But this approach even though is of immense benefits, has its downsides in that tailoring a solution to a specific problem is time consuming and requires that managers handling such issues display a  high level of diligence at all times which cannot be guaranteed.

Contingency

Explanation:

A contingency viewpoint is a behavioural method that managers use to emphasise the differing problems or challenges that a business faces over time. Management does not follow a specific procedure but is rather based on the auto at hand.

For example is an employee keeps on coming to work late, the manager may ask the employee why he is coming late and then make the best decision on action to take.

This is in contrast to following laid down rules is dismissal when an employee hlkeeps coming to work late.

i'ts proportional. if the inflation rate is 12% for example, the cpi will be 12% less.

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