Resource Dependence Theory
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Resource Dependence Theory
Resource dependence theory (RDT) is the study of how the external resources of organizations affect the behavior of the organization. The procurement of external resources is an important tenet of both the strategic and tactical management of any company. Nevertheless, a theory of the consequences of this importance was not formalized until the 1970s, with the publication of ''The External Control of Organizations: A Resource Dependence Perspective (Pfeffer and Salancik 1978)''. Resource dependence theory has implications regarding the optimal divisional structure of organizations, recruitment of board members and employees, production strategies, contract structure, external organizational links, and many other aspects of organizational strategy. Argument for The basic argument of resource dependence theory can be summarized as follows: * Organizations depend on resources. * These resources ultimately originate from an organization's environment. * The environment, to a considera ...
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Organizational Studies
Organization studies (also called organization science or organizational studies) is the academic field interested in a ''collective activity, and how it relates to organization, organizing, and management''. It is "the examination of how individuals construct organizational structure An organizational structure defines how activities such as task allocation, coordination, and supervision are directed toward the achievement of organizational aims. Organizational structure affects organizational action and provides the founda ...s, processes, and practices and how these, in turn, shape social relations and create institutions that ultimately influence people". Organizational studies comprise different areas that deal with the different aspects of the organizations, many of the approaches are functionalist but critical research also provide an alternative frame for understanding in the field. Fundamental to the study of management is organizational change. Historically, facil ...
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