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Annotated Bibliography on Contextual Factors and Decision Making in Management

   

Added on  2023-06-09

9 Pages2402 Words468 Views
Annotated Bibliography
MGMT20144: MANAGEMENT AND BUSINESS CONTEXT
NAME: AMIR CHAUDHARY
STUDENT ID: 12088513
LECTURAL/TUTOR: HAMILTON, DAVID

Table of Contents
Introduction.................................................................................................................................................2
Article a: Organizational structures or governance.....................................................................................2
Article b: Environmental forces...................................................................................................................3
Article c: Risks confirming the firm..............................................................................................................4
Article d: Organization and business practice..............................................................................................5
Article e: The functions of the diverse firm.................................................................................................6
Conclusion...................................................................................................................................................6
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Introduction
Decision making is defined as the process which allows the organisation to make proper decision
required for the company to enhance the various aspects that influence the growth of their
business. Contextual factors refer to the important aspect of the firm that helps to develop the
most effective result which enhances the decision-making process of the manager. In this factor,
the primary concept is governance, capabilities, risks and laws and regulations that enhance the
firm to perform their best among the other competitors of the firm. The primary purpose of the
paper is to provide an annotated bibliography related to the five different topics which are
associated with all these contextual factors. The annotation provided by this five-article also
demonstrated the decision-making process of the manger related to the firm. In other words, the
articles also help to understand the topic related to contextual factors and its effects on the
managers of the firm.
Article a: Organizational structures or governance
Pindado, J., & Requejo, I. (2015). Family business performance from a governance
perspective: A review of empirical research. International Journal of Management
Reviews, 17(3), 279-311. DOI: 10.1111/ijmr.12040 Retrieved from: https://cqu-
primo.hosted.exlibrisgroup.com/primo-explore/fulldisplay?
docid=TN_proquest1694582417&context=PC&vid=61CQU&lang=en_US&search_s
cope=61CQU_Library&adaptor=primo_central_multiple_fe&tab=61cqu_library&
query=any,contains,Journals%20of%20management%20on%20Organisational
%20structures%20or
%20governance&facet=rtype,exclude,newspaper_articles&facet=rtype,exclude,revi
ews&mode=Basic,Basic
The article discusses the complexity of the family business process, and for this proper family,
control is beneficial for the growth of the firm performance. In order to reduce this issue, the
paper enlightens over more than 350 journals to determine the family business governance
system. The articles provide a depth analysis of the governance system of the family business
and describe it in three steps. In the first step, the author describes that various family business
definitions, as well as measurement of performance, cause a direct effect on the business
performance of the family in various geographical provinces. In other words, the author also
2 | P a g e

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