This assignment seeks to help you understand the answer to a broader concern and that is, what do we mean when we refer to the environment of an organization?
Please answer the following questions:
• What general and macro-environmental forces enhance an organization’s chances of success and failure?
• Why does uncertainty exist in an organization’s environment?
• By what means can an organization respond to such uncertainty?
• How might the main ideas of resource dependence theory be summarized in six sentences?
Hint:
Information disclosure regarding publicly traded corporations differs from country to country. In The U.S. is the world’s most open and transparent of economies. Corporations whose shares trade publicly on U.S. stock exchanges must file information on a scheduled basis with the Securities and Exchange Commission. This information is then made available to the general public. The U.S. also makes available economic and social data through its various regulatory agencies. The result is that knowledge of the macro-environment of corporations is great in the U.S. with Canada not far behind. The same cannot be said of all nations. When considering your responses, think of how they might differ if the economy or nation of interest was that of a failed state or a closed economy where little information is publicly archived.
Please limit your response to this assignment to a maximum of four single spaced, typed pages. Where necessary please identify relevant theories and examples noted in the text. In some instances, your responses should take the form of a summary, in your own words, of the main ideas of particular sections of the chapter. Please cite your sources in the text and please reference them at the end of your assignment. Please end your write–up with one paragraph that suggests what you think is the importance of this assignment.