What concept suggests that there is no single best way to manage an organization?

The concept that supports the idea that there is no single best way to manage an organization is known as contingency theory. This theory posits that the effectiveness of management practices depends on various situational factors, including the external environment, organizational structure, and the specific challenges faced by the organization.

Contingency theory emphasizes that effective management requires flexibility and adaptability, as the best approach can vary depending on different circumstances. For instance, what works well in a stable environment might not be effective in a dynamic one, and different leadership styles may be necessary for different teams or situations. This approach encourages managers to assess their unique circumstances and tailor their strategies accordingly, rather than relying on a one-size-fits-all methodology.

The other concepts listed do not encompass this flexible approach to management. Management by objectives focuses on setting specific goals and aligning the workforce toward achieving them, but it does not address variability in management approaches. Hygiene factors relate to the workplace conditions that can prevent dissatisfaction but do not offer a comprehensive framework for effective management. Motivation theory explores what drives individuals to act but lacks a focus on the changing contexts or styles of management necessary for organizational success.