Learn how Fiedler’s contingency theory can help leaders engage their team more, leading to better performance. Plus, other popular business theories explained.

Every business depends upon certain "givens," which range from retaining key personnel, to emergency planning, to credit arrangements. But what happens when a relatively young CEO is killed in an ...

An appraisal contingency is a clause in a real estate purchase contract that provides options for buyers if the estimated value of a property is lower than their offer. When you borrow money to buy a ...

Lucas Downey is the co-founder of MoneyFlows, and an Investopedia Academy instructor. Michael Logan is an experienced writer, producer, and editorial leader. As a journalist, he has extensively ...

Think of a contingency clause as insurance. Once you find a home and make an offer, you hope everything will go smoothly; but in case it doesn’t, you have a contingency clause in place that allows you ...

In discussions of risk, the term “contingency” is often understood to be a number added to an estimate for project costs or durations to cover some element of risk or uncertainty. Owners establish ...

Let’s discuss the importance of contingency planning, what a comprehensive contingency plan should include and how to implement one effectively. Opinions expressed by Entrepreneur contributors are ...