Asked by Raheal Pasha on Jul 24, 2024
Verified
What are the five contextual variables and why are they important?
Contextual Variables
External or environmental factors that influence the performance or behavior of individuals or organizations.
- Comprehend the situational factors involved in choosing management approaches.
Verified Answer
AS
Ashley SpeckJul 30, 2024
Final Answer :
Determined by organizational goals,the five contextual variables are the organization's task environment and domain,corporate strategy,technology,organization size,and work force.These factors in the firm's context determine the most appropriate managerial strategy and structure for the organization (which includes the reward system).A change in any factor may trigger a need to change the managerial strategy and the structural variables.
Learning Objectives
- Comprehend the situational factors involved in choosing management approaches.
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