Memo #4 Companies are changing the way they organize and structure themselves. Nowadays, organizations are building relationships with other companies so they are able to get supplies, materials, and information. There are new trends in organizing companies, which is primarily the horizontal relationships across organizations, and this is why managers not only need to focus and worry about their own company but also manage a whole set of inter-organizational relationships which are more complex. Inter-organizational relationships are the transactions, flows and linkages that occur between two, or more, organizations and have until lately been left to be a necessary evil in order to survive. The view now is that the organizations create an …show more content…
Relationships can be characterized by being cooperative/competitive and dissimilar/similar. There are four types; the first one is called resource dependence theory, which describes rational ways that organizations deal with each other to reduce dependence on the environment. Then, there is the one about collaborative network, wherein organizations allow themselves to become dependent on other organizations to increase value and productivity for all. The third one is population ecology, which examines how new organizations fill niches left open by established organizations and how a rich variety of new organizational forms benefit society. The final approach is called institutionalism, which explains why and how organizations legitimate themselves in the larger environment and design structures by borrowing ideas from each other. …show more content…
The norms and values of the institutional environment, are the norms and values of the stakeholders. These give a firm legitimacy, without which they cannot do their job. Legitimacy gives a company a reason to keep on conducting business. When a new company starts, it may not have much legitimacy, but once they are established it will need to have that legitimacy and will morph into an institution. The institutional view shows the organization as having two dimensions. They are the technical and the institutional. While technical deals with the day to day work, the institutional deals with the how the organization is seen by the public. Some firms may institute changes that although they may not be beneficial, will offer legitimacy to the
Legitimacy theory is a “positive theory” that asserts that businesses are bound by the implicit “social contract” that the corporation agrees to perform that are specifically relating to social and environmental issues (Rankin, et al. 2012, 142). To remain congruent with societal values in which it operates, a corporation can address attributes that relate to this theory through voluntary social and environmental disclosures made on platforms like its annual report (Coebergh 2011, 65). Virgin Australia has various groups of important stakeholders who can affect or is affected by both the actions and activities of the corporation (Laasch and Conaway 2014, 97). They are namely, guests, employees, investor groups and shareholders, unions, non-government
1. Introduction to Organisational Structures The Organizational Structure within a company determines the way in which an organization’s operational activities are performed. Some of the main operations defined within an organizational structure include the allocation, supervision, and coordination of how a project is to be completed. The organizational structure will determine how tasks are performed during a project and who the tasks are to be performed by. The organizational structure also states who will manage or oversee the project and the processes or protocols that will be implemented during the time frame of that particular project.
Understand organisational structures 1.1 Explain the differences between the private sector, public sector and voluntary sector In the business world there is three main sectors that separate different organisations they are: The private or commercial sector, the public sector and Voluntary or not-for-profit sector. The Public sector aims for goals other than profit but are not operated by the authorities on the other hand the Private and Commercial sectors main aim is to make profit and is the crucial difference between an organisation flourishing and an organisation being liquidated. Unlike the Private and Commercial sector that are funded by either an owner or shareholders the Public sector is funded entirely by the government.
This organization is rather similar to common modern
An organization that has a team or horizontal style of work structure and management is called as contemporary organization. Instead of a strict hierarchy, the power is spread out to the whole team in the contemporary organization. It is a more responsive and flexible. Traditional organization is changed to the contemporary organization of business. The traditional organization style concentrated on a pyramid order, with supervisors and managers controlling all components of the representatives beneath them, including interpersonal connections, ventures and disciplinary activities.
Apple’s organizational structure Introduction Attention Getter Apple Inc. is an American multinational corporation, which designs, manufactures and sells personal computers, consumer electronics and software, and provides related services. The company has experienced a tremendous growth since it introduced an iPhone smart phone in 2007, it is considered to be the most successful electronics company in the world. [1] Thesis Statement During the last few years, Apple company has achieved great successes in the electronic domain.
Social structure theories look at the formal and informal economic and social arrangements of society that cause crime and deviance. The negative aspects of social structure such as disorganization within a family, poverty, and disadvantages because of lack of success in educational areas are looked upon as the producers of criminal behavior (Schmalleger, 2012). The three major types of social structure theories are Social Disorganization, Strain, and Culture Conflict (Schmalleger, 2012). Social disorganization theory is based on the idea that changes, conflict, and the lack of social consensus in society are the reasons for criminal behavior. This theory views society as a living organism and that criminal behavior is compared to a disease.
The contingency theory has emerged out of the systems theory. Contingency theorists have acknowledged the basic tenets of systems approach. They accept the basic feature of the organization - environment relationship and dynamic nature of organization (Chand, 2015). This therefore conveys that contingency theorists talk frequently in terms of structural change in the organization in reaction to a change in the environment (Chand,
In this section the author describes the theories that will support the analysis of information. In order to construct a theoretical background for the study the author chose to describe theories regarding the selection of countries. 5.1 Transaction costs theory Transaction cost theory was developed by Coase (1937) and then re-analyzed by Williamson (1979). The theory explains why companies exist and expand their activities to external environments finding out that ‘’A Transaction cost occurs when a good or service is transferred across a technologically separable interface’’.
Introduction Uniqlo is ranked as the 1st apparel brand in Japan (Fast retailing, 2014) and the 5th SPA (Specialty Store Retailer of Private Apparel) in the world (VFPress, 2012). The brand has demonstrated a strong development during the past years with around 818 stores worldwide, estimated at August 2015, (Fast retailing, 2014) and now, they are planning for an expansion to Vietnam market. This report will provide useful information which can be guidelines for Uniqlo’s strategy to enter a new market. The report covers four main parts: PESTLE analysis of Vietnam market; mode of entry suggestion; segments, targets and position process and 7Ps marketing mix. Question 1:
The different type of structures (1) Functional – each portion of the organisation is grouped according to its purpose. (2) Matrix - ‘’ creates project teams that cut across traditional functional departments, instead of highlighting the role or status of individuals, it gathers together a team of specialists with the objective of completing a task or a project successfully ‘’ . (3) Divisional – It is the grouping of workers on the basis of products being produced, followed by the functional structure. There are two types of divisional structure , (a) Product structure (b) Process structure (4) Geographical – It is the grouping of workers on the basis of regions, followed by the functional structure and , (5) Hierarchical structure which has been adopted by Ritz Carlton. It shows the different levels of hierarchy, span of control and chain of command.
In this regard, Granovetter's (1985) embeddedness argument has emerged as a potential theory for joining economic and sociological approaches to organization theory. As presently developed, however, Granovetter's argument lacks its own concrete account of how social relations affect economic exchange. Thus, although embeddedness purports to explain some forms of economic action better than do pure economic accounts, its implications are indeterminate because of the imbalance between the relatively specific propositions of economic theories and the broad statements about how social ties shape economic and collective
Informal employee networks are inexpensive. This is a way of experts to share knowledge and ideas. Formals groups are groups that are controlled by senior officers. The people in that group doesn’t have much informal communication between them but the informal networks are the best in tackling problems. They are independent too.
Toyota Revolves around its organizational structure, culture, climate and decision making perspectives. All these factors impact Toyota’s ability to make decision and then take actions. Failure to acknowledge anyone of them in a sensible way might damage a company’s reputation. Lets discuss these factors in detail. Organizational Structure is the framework of the company which lays down the foundation of the company.
The aim of this assessment is to reflect on what I have learned this semester regarding the module of Business in Global Context; from the lectures with the professor, the case studies done in class and the three previous patchworks that we worked on. We have learned that there are different internal and external components that affect the business environment, from corporate social responsibility to cultural and institutional framework; organizations must take into consideration all the factors related to the different parts of its environment. For the topic discussion, I will be discussing globalization and how it has affected the global business environment along with the key aspects and the different point of views regarding it.