Management: Contextual Factors and Organizational Practices

This article discusses the impact of contextual factors on organizational practices and decision-making. It covers findings on corporate governance, environmental forces, risks, and diverse firms. The article is useful for managers in any industry who want to improve their understanding of these factors and their impact on organizational success.

Running head: MANAGEMENT
Management
Name of the Student
Name of the University
Author note

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Table of Contents
Introduction................................................................................................................................4
Journal Article on Organizational Structure..............................................................................4
Main Contextual Factor Discussed in the Article..................................................................4
New Findings in Contextual Factors......................................................................................5
Meaning of Findings for Managers in Organizations............................................................5
Journal Article on Environmental Forces..................................................................................5
Main Contextual Factor Discussed in the Article..................................................................5
New Findings in Contextual Factors......................................................................................6
Meaning of Findings for Managers in Organizations............................................................6
Journal Article on Risks Confronting the Firm..........................................................................6
Main Contextual Factor Discussed in the Article..................................................................6
New Findings in Contextual Factors......................................................................................7
Meaning of Findings for Managers in Organizations............................................................7
Journal Article on Organization and Business Practices............................................................7
Main Contextual Factor Discussed in the Article..................................................................7
New Findings in Contextual Factor.......................................................................................8
Meaning of Findings for Managers in Organizations............................................................8
Journal Article on The Functions of Diverse Firms...................................................................8
Main Contextual Factor Discussed in the Article..................................................................8
New Findings in Contextual Factors......................................................................................9
Meaning of Findings for Managers in Organizations............................................................9

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Conclusion..................................................................................................................................9
References................................................................................................................................11

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Introduction
In the present scenario, this has been seen that the organizational structures are
complex in nature and this affects the overall profitability of the organizations as well. The
contextual factors include the different usefulness of the collaboration in the organization.
Furthermore, this has been seen that in order to improve the conditions of the different firms
in the entire competitive market, this is essential in nature to understand the different kinds of
issues in an operative manner with the benefit of the contextual factors.
A proper business model canvas can benefit the companies in the global market to
understand the different kinds of risks which are involved in the business and this will
improve the working conditions of the organization as well. The decision-making process of
the organizations can be influenced with the help of the contextual factors with the help of the
different kinds of potential contextual factors.
Journal Article on Organizational Structure
Abdullah, S. N., Ismail, K. N. I. K., &Nachum, L. (2016). Does having women on
boards create value? The impact of societal perceptions and corporate governance in
emerging markets. Strategic Management Journal, 37(3), 466-476.( 10.1136/bmjopen-2016-
015455)
Main Contextual Factor Discussed in the Article
The main contextual factor which has been discussed in the respective article is
regarding the impact of the societal perceptions along with the corporate governance in the
different emerging markets. Furthermore, these are different contextual factors which have
been addressed in the article which have created huge impact on the emerging markets
effectively. Furthermore, the article helps in managing the relationships in the firms and the
employees who are working in the organization. It has been seen that the government tries to

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bring in gender equality in the organization which aids the employees in gaining more
equality in the organization and there are no such issues in the organization as well.
New Findings in Contextual Factors
The new findings in the contextual factors is relating to the different kinds of
corporate governance which is essential to be followed in the organization which benefits in
increasing the overall profitability of the organization successfully. Furthermore, the main
impact of the corporate governance in the different organizations is relating to the facilitation
of the different kinds of operative and entrepreneurial prudent management in the
organization which will aid in improving the governance of the company.
Meaning of Findings for Managers in Organizations
The main findings for the different managers in the organization is relating to the
managing of the corporate governance in the organization. Furthermore, this is the entire duty
of the board of directors in the companies to understand and analyze the implications of the
corporate governance in the organization which will help in making the tasks effective in
nature and this will become more efficient in nature which will make the tasks more strategic
in nature.
Journal Article on Environmental Forces
Shepherd, D. A., Williams, T. A., &Patzelt, H. (2015). Thinking about entrepreneurial
decision making: Review and research agenda. Journal of management, 41(1), 11-46.
( 10.1177/0149206314541153)
Main Contextual Factor Discussed in the Article
The main contextual factor which have been discussed in the respective article is
relating to the entrepreneurial decision making which is essential in nature in terms of the
different environmental risks. Furthermore, there are different kinds of environmental forces

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such as political and economic factors which can create huge impact on the decision making
of the organization. Furthermore, the decision making is essential in nature while there are
different kinds of risks which can affect the reputation of the firm in a negative manner.
New Findings in Contextual Factors
The new findings in the contextual factors is relating to the decision-making process
which is essential while there are different macro and micro environmental forces that can
affect the reputation of the firm. Furthermore, this is essential in nature for the firms in the
global market to understand the uncertainty of the risks which is ineffective in nature and this
can affect the entire decisions which are being taken by the organizational members in the
organization.
Meaning of Findings for Managers in Organizations
From this article, this can be analyzed that the managers in the organizations need to
understand the uncertainty of the risks which are involved. This is required to analyze the
risks and the managers can take different steps such as the decision-making process is
required to be active in nature to become more efficient in the decision-making process. The
different characteristics of the decision-maker is required to be analyzed in order to make the
different tasks more operative in nature.
Journal Articleon Risks Confronting the Firm
Brustbauer, J., (2016). Enterprise risk management in SMEs: Towards a structural
model. International Small Business Journal, 34(1), pp.70-85.(
abs/10.1177/0266242614542853)
Main Contextual Factor Discussed in the Article
The main contextual factor which have been described in the respective article is
relating to the different kinds of macro and micro environmental risks which are being

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confronted by the firms in the global environment. Furthermore, this has been seen that the
different small and medium sized enterprises need to analyze the different economic and
political risks which can affect the brand image of the firm negatively.
New Findings in Contextual Factors
The new findings in the contextual factors is related to the risks which can affect the
entire reputation of the firm. This has been analyzed that there are different firms in the entire
global market in which this has been seen that these macro or external environmental risks
can create a huge problem for the company which can be negative impact on the
organizations. The different political risks in the organization can bring huge issues in the
structure of the firm which will be ineffective in nature.
Meaning of Findings for Managers in Organizations
The findings for the managers in the organizations is that this is the duty of the
different managers in the organization in which this has been seen that macro and micro
environmental risks are required to be reduced by them with implementation of different
relevant strategies such as the contextual factors which will benefit in decision-making
process. With proper advancement of the technologies, the managers need to reduce the
different risks effectively without much interruption and this will improve the stability as
well.
Journal Articleon Organization and Business Practices
Ortiz‐de‐Mandojana, N. & Bansal, P., (2016). The long‐term benefits of
organizational resilience through sustainable business practices. Strategic Management
Journal, 37(8), pp.1615-1631.( abs/10.1002/smj.2410)

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Main Contextual Factor Discussed in the Article
The main contextual factor which has been discussed in the article is relating to the
different kinds of business practices which helps the companies in achieving the goals and
this will benefit the organizations in the long term as well. Furthermore, this has been seen
that the sustainable business practices such as a proper and important business model canvas
is required to be prepared by the organizations which will aid in managing the different kinds
of activities in an efficient manner. Furthermore, this is the main duty of the organizational
members such as the higher authorities in order to understand the different key activities and
the channels through which the expansion can be done.
New Findings in Contextual Factor
The new findings in the contextual factor is relating to the different kinds of business
practices as the expansion of the firm along with analysis of the different customers in the
organization who are the target audience and they will be able to improve the overall business
scenario as well. This has been seen that there are different organizations such as quality
management of the different organizational practices will benefit in understanding the
different kinds of activities and gain more competitive advantage.
Meaning of Findings for Managers in Organizations
The main findings for the managers in the organization is that the managers of the
companies are required to analyze the different kinds of techniques which is required to be
used by them in order to gain long terms success of the firm. The technological advancements
can help in managing the different activities effectively.

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Journal Article on The Functions of Diverse Firms
Albers, S., Wohlgezogen, F., & Zajac, E. J. (2016). Strategic alliance structures: An
organization design perspective. Journal of Management, 42(3), 582-614.
(10.1177/0149206313488209)
Main Contextual Factor Discussed in the Article
The main contextual factor which is discussed in the article is relating to the functions
of the diverse firms in the entire global structure of the market. The organizational functions
such as human resource management or finance or marketing functions help in managing the
different kinds of activities in an actual manner. This has been seen that the organizational
functions will support and assist the companies in managing the different activities which
will be useful for managing the operations successfully and efficiently.
New Findings in Contextual Factors
The new findings in the contextual factors is related to the organizational functions
which are required to be followed in the organizations. The main human resource
management is essential to be adopted by the organizations as this will aid in managing the
different activities in an actual manner and appropriately as well. Furthermore, this has been
seen that the organizations need to follow all the functions appropriately as this benefits in
achieving the overall efficacy within specific span of time.
Meaning of Findings for Managers in Organizations
The findings of the article aid the managers in the organizations to understand the
different factors such as marketing and human resource management functions which will
help and assist in managing the various operations efficiently. Furthermore, the human
resource management functions in the organization benefit the entire company in

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understanding the compensationalong with other policies of the employees which will
identify the entire factualness of the organization positively.
Conclusion
Therefore, this can be concluded that the different kinds of contextual factors are
essential in nature which helps in managing the different activities in an efficient manner.
Furthermore, this has been seen that there are various companies in which there are different
functions such as marketing, human resource and the financial functions which has helped
them in managing the different activities in an appropriate manner.
Therefore, this has been seen that there are different micro and macro environmental
risks in the organizations which has affected the entire productivity of the organizations. This
has been seen that this is the duty of the different managers in the organizations such as
technological advancements in the organizations which has assisted and aided the
organizations in managing the different activities in an appropriate manner.
Furthermore, the corporate governance played a major role in different organizations
in which this has assisted the organizations in managing difficulties effectually. The functions
of the diverse firms include the HRM functions which has helped in improving the overall
efficiency and appropriateness of the firms. Lastly, the different kinds of risks which are
being confronted by the firms is relating to the different kinds of business practices which has
affected the brand image of the firm.

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References
Abdullah, S. N., Ismail, K. N. I. K., &Nachum, L. (2016). Does having women on boards
create value? The impact of societal perceptions and corporate governance in
emerging markets. Strategic Management Journal, 37(3), 466-476.
Albers, S., Wohlgezogen, F., & Zajac, E. J. (2016). Strategic alliance structures: An
organization design perspective. Journal of Management, 42(3), 582-614.
Ararat, M., Aksu, M. and Tansel Cetin, A., 2015. How board diversity affects firm
performance in emerging markets: Evidence on channels in controlled firms.
Corporate Governance: An International Review, 23(2), pp.83-103.
Brustbauer, J., (2016). Enterprise risk management in SMEs: Towards a structural model.
International Small Business Journal, 34(1), pp.70-85.
Estélyi, K. S., & Nisar, T. M. (2016). Diverse boards: Why do firms get foreign nationals on
their boards?. Journal of Corporate Finance, 39, 174-192.
Ortiz?de?Mandojana, N. & Bansal, P., (2016). The long?term benefits of organizational
resilience through sustainable business practices. Strategic Management Journal,
37(8), pp.1615-1631.
Shepherd, D. A., Williams, T. A., &Patzelt, H. (2015). Thinking about entrepreneurial
decision making: Review and research agenda. Journal of management, 41(1), 11-46.