The subject of contingency theorymatchingleadershipstyle to situation encompasses a wide range of important elements. CONTINGENCY Definition & Meaning - Merriam-Webster. contingency implies an emergency or exigency that is regarded as possible but uncertain of occurrence. CONTINGENCY Definition & Meaning | Dictionary.com.
Contingency definition: dependence on chance or on the fulfillment of a condition; uncertainty; fortuitousness.. See examples of CONTINGENCY used in a sentence. CONTINGENCY | English meaning - Cambridge Dictionary.
Furthermore, cONTINGENCY definition: 1. something that might possibly happen in the future, usually causing problems or making further…. contingency noun - Definition, pictures, pronunciation and usage notes .... It's important to note that, definition of contingency noun in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more. Contingency - definition of contingency by The Free Dictionary.
Building on this, due to the uncertainty of the situation, contingencies require plans, rapid response, and special procedures to ensure the safety and readiness of personnel, installations, and equipment. See also contingency contracting. Dictionary of Military and Associated Terms. US Department of Defense 2005. CONTINGENCY definition and meaning | Collins English Dictionary.
A contingency is an event or situation that might happen in the future, especially one that could cause problems. Insurers base their premium rates and their willingness to accept risks partly on the probability that certain contingencies will or will not occur. Understanding Contingencies: Examples and Effective Contingency Plans. A contingency is a future negative event that may happen but cannot be predicted with certainty, and that can affect investors and companies.
What Is a Contingency? Contingencies are potential... In making our business plans, we tried to prepare for any contingency that might hurt sales. In this context, cONTINGENCY definition | Cambridge Learner’s Dictionary. Furthermore, an event or situation that might happen in the future, especially one that could cause problems….
Contingency plan - Wikipedia. A contingency plan, or alternate plan, also known colloquially as Plan B, is a plan devised for an outcome other than in the usual (expected) plan. This perspective suggests that, [1] It is often used for risk management for an exceptional risk that, though unlikely, would have catastrophic consequences.
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As demonstrated, contingency theory matching leadership style to situation constitutes a significant subject that merits understanding. In the future, ongoing study in this area will provide more comprehensive insights and benefits.