Contingency Theory and Cost Theory in vulnerable economic sectors

The objective of the research was to analyze the theory of contingency and cost theory in vulnerable economic sectors of Ecuador. It was based from a quantitative perspective with a descriptive correlational Pearson typology, the population was made up of 31 managers of small and medium-sized companies in the tourism and recreation sector in public parks. 77% of organizations run a high risk of not effectively exceeding their functions, running the risk of disappearing as they do not have strategic plans to reactivate. Organizations that are still operating despite the COVID-19 pandemic crisis, have had greater emphasis on the application of cost theory to overcome external factors that negatively affect the effectiveness of being in market positioning, highlighting that the theory of contingency is not in use in proportion to its organizational need.