Operations Management homework help
Operations Management homework help. Topic3- Interorganizational Relationships
Task1-
Question: Module 3 Discussion Forum
What is the impact of rapid environmental changes on organizations?
Follow below rules to complete the assignment.
Within each module, there is a list of key terms. Each student will select one of the key terms and conduct a search of Campbellsville University’s online Library resources to find 1 recent peer reviewed article (within the past 3 years) that closely relate to the concept. Your submission must include the following information in the following format:
DEFINITION: a brief definition of the key term followed by the APA reference for the term; this does not count in the word requirement.
SUMMARY: Summarize the article in your own words- this should be in the 150-200-word range. Be sure to note the article’s author, note their credentials and why we should put any weight behind his/her opinions, research or findings regarding the key term.
DISCUSSION: Using 300-350 words, write a brief discussion, in your own words of how the article relates to the selected chapter Key Term. A discussion is not rehashing what was already stated in the article, but the opportunity for you to add value by sharing your experiences, thoughts and opinions. This is the most important part of the assignment.
REFERENCES: All references must be listed at the bottom of the submission–in APA format. (continued) Be sure to use the headers in your submission to ensure that all aspects of the assignment are completed as required.
Any form of plagiarism, including cutting and pasting, will result in zero points for the entire assignment.
Material:
- Business Ecosystem– https://www.investopedia.com/terms/b/business-ecosystem.asp
- Managing Change for Organizations– https://courses.lumenlearning.com/boundless-management/chapter/managing-change-for-organizations/
- What is Resource Dependence Theory (RDT)?– https://www.hrzone.com/hr-glossary/what-is-resource-dependence-theory-rdt
- Population ecology theory: implications for sustainability–
- What is institutional theory?–
Task2:
Please provide comments/replies for below two discussions. Each comment/reply should be 150 words.
Classmate disc1:
by Pooja Menda – Tuesday, 17 March 2020, 2:37 PM
Impact of rapid environmental changes on organizations
Environmental change is the main part of many management concepts dealing with a range of issues and processes, including company survival, competitiveness, revolution, and executive turnover. In spite of this fact, very little effort has been put in understanding and classifying environmental changes. Many organizations use a variety of plans to integrate their roles and activities. Plans are applied and executed so as to fit in the firm with its external environment. Hence it is very important that the structure of the firm must align with external conditions. The main problem is that the environment always constantly changes and the organizations has little control over the changes. Approach and structure must be flexible to adapt and adjust to changes in the environment. To regulate the proper strategic response to changes in the environment, administrators must be able to understand the impact of the changes (Huber & Glick, 1995).
Technology, policies, laws and regulations, politics and worldwide conditions are all changing rapidly and intensely. If a company fails to monitor and respond to the changing environmental conditions then it may result in the company’s loss and failure. Shortage of resource is also one of the effects of environmental changes since the availability of resources is very serious to a company. It is usually the outcome of a shortage of supply but it can also result from the demand that rise up the prices. In these conditions, a company may not be able to get the resources it requires to function or grow (Jean, Chiou & Zou, 2013).
Each organization has an explicit environment that is exclusive to that firm’s industry and it directly affects the way it conducts day-to-day business. If an organization recognizes an environmental change as a threat then they should take appropriate actions to guard and protect the company from any type of damage. But if an organization identifies an environmental change as an opportunity then they have to plan and apply ideas for taking benefits of them to improve and for the growth of the company performance. Nowadays all the organizations face an active and evolving environment with swiftly changing rules and protocols from the government, new opponents constantly entering the market and regularly fluctuating customer preferences.
Classmate disc2:
by Venkatesh Kadiyala – Wednesday, 11 March 2020, 2:31 PM
Impact of rapid environmental changes on the organization
The present discussion is about the impact of rapid environmental changes on the organization. The organization has the capacity to protect in all kind of situations. The changes may occur even naturally or man-made. Particularly the environmental changes may occur accidentally. Even we didn’t find out or we can’t expect the changes in the organization. Sometimes there may be some unexpected disasters occurs in the environment like cyclones, earthquakes, and tsunamis. These changes can cause huge loses for every firm by collapsing the company and merging the information of the business in earthquakes (Moorman, 2017).
According to the business point of view, when a disaster may occur, the organization lots the data and information provided by the client. In some conditions, the company may lose the manpower and land in such huge disasters occur. So that sometimes we can’t control and rectify these problems or issues at any cost. The management and employees will suffer when these kinds of issues will happen in the organization (Drew, 1997).
In order to rectify and reduce them, we need to follow the rules in certain conditions. To the employees, for every recovery plan there is continuity and the circumstances to the organization and here the strategic approach can play an important role in the business continuity and can help to the company in a number of different ways. Here we consider the topmost benefits of the disaster of the recovery plan in the organization. They are as cost-efficiency, increased in the employee productivity, the greater and larger of the customer retention and finally a better understanding of the scalability (Huber, 2015). However, this is not possible in the case of organizations that need periodical updates to their business elements like technology, laws, policies, trends and competitors, as planning is an ongoing process and need to adapt to the environmental changes.
References