MgMT20144: Annotated Bibliography on Management and Business Context

This annotated bibliography examines the influence of contextual factors on organizational decision-making, drawing from five peer-reviewed journal articles. The introduction emphasizes the significance of these factors, followed by detailed annotations of each article. The first article focuses on how organizational structure impacts sustainability. The second article investigates environmental forces affecting RFID technology adoption. The third article explores risk management strategies. The fourth article examines the influence of business practices on employee performance, and the fifth article discusses the functions of diverse firms. Each annotation includes the main contextual factor, research objectives, new findings, and implications for managers. The conclusion summarizes the key findings and their impact on managerial decision-making, highlighting the interconnectedness of these contextual elements in shaping business outcomes.

Running head: Management 1
Management and business context
Annotated Bibliography

Management 2
Introduction
Contextual factors are vital component of the business that are encompasses of environmental as
well a personal factors. This multidimensional conceptual factors impact the decision making
process of the organization. The decision making process is the vital component of any kind of
business and it get impacted due to the contextual factors such as corporate governance, risks,
activities of the company and the business practices. This report will cover some contextual
factors that affect the decision making process of the manager of the company. The specific
journal articles will be given in this paper for the purpose of describing the contextual factors
such as Organisational structures or governance, Environmental forces, Risks confronting the
firm, Organisation and business practices, and the functions of diverse firms. The main aim of
each of the journal article will be demonstrated in this paper so that the better understanding of
each aim can be drawn.

Management 3
(a) Organizational structure or governance
Hoffmann, C., Lebioda, L., Machado, E. C., & de Moura, G. L. (2017). Export Activity as
Joint Source between Organizational Structure and Sustainability: The Case of a
Global Company Adami S/A Madeira. Environmental Quality Management, 26(3),
105-124. https://doi.org/10.1002/tqem.21497.
Organizational structure and the sustainability of the business have great importance in decision
making process. The contextual factor of this article is the organizational structure and this
article has described the various strategies to make the sustainable business. The major objective
of this research is to focus on the activities related to the export together by considering the
organizational structure that facilitates sustainability practices in the specific company. The
outcome of the research is showed that despite the importance of formal structures focused on
the fields of environmental management that are basic for the organization of sustainability
practices. Moreover, the requirements of customer sustainability shows unresponsiveness to
qualifications relying on the countries to which export are made.
The new finding through this article is that the research is based on the qualitative research and
the main focus of the research is on the organizational structure. It is described under this
research that the role of the customer sustainability requirement is necessary for the
organizational structure. The manager of the organization would be facilitated with the new
findings that he should focus on the customer sustainability for the aim of attaining the
objectives of the company through organizational structure.

Management 4
(b) Environmental forces
Paydar, S., Endut, I. R., Yahya, S., & Rahman, S. H. A. (2014). Environmental Factors
Influencing the Intention to Adopt RFID Technology in Retail Industry: An
Empirical Study. Asia-Pacific Journal of Management Research and
Innovation, 10(1), 13-26.
http://journals.sagepub.com/doi/full/10.1177/2319510X14529490.
The environmental forces are the major contextual factor which has been described in this
research article. The article is based on the environmental factors that influence the intention to
adopt RFID Technology in the retail industry. the article is on radio frequency identification
(RFID) technology which is considered as the paramount tool in encouraging the
competitiveness of supply chain organizations. The author has emphasized innovation model of
diffusion, this study evaluates the environmental factors affecting the RFID adoption intention
among the retail organizations in Malaysia.
The new findings of this article are that the overall compromise relating the remarkable influence
of RFID upon the productivity level of the organizations. The comprehension of such influences
will only be physical, and when, the system of the RFID is broadly spread and utilized in the
supply chain. Experimental results show that social uncertainty and competitive pressure are
elaborated to have effective positive as well as negative consequences in the intention of the firm
to adopt RFID technology respectively. The new findings of the research would be helpful for
the manager to focus on the environmental factors that can increase the productivity of the
business. This research helps them to move ahead with taking consideration of the positive as
well as negative outcomes.

Management 5
(c) Risks confronting the firm
Van Der Vegt, G. S., Essens, P., Wahlström, M., & George, G. (2015). Managing risk and
resilience. Academy of Management JournalVol. 58, No. 4.
doi/10.5465/amj.2015.4004.
The main contextual factor of this research article is the disk which is an unnecessary component
of any kind of business. In this research article, the author has emphasized the various techniques
to mitigate the risks. It has been found from the research article that the decision making process
can be impacted by the risk. It is required for the manager of the company to propose a change
by taking the risk for the purpose of bringing change within the organization. The employees’
comfortability is the main focus of this article. despite this, the article has accentuated the natural
disaster which is the major reason for risk for numerous businesses. These natural risks are
floods, large industrial and nuclear accidents, and explosions.
The new findings in this article advocate that the flexibility of organizations is not only
dependent on the ease of understanding of the resources but also on the formation of the
association which is official in the view of the workers and the strangers. It has been found from
the research article that the change is mandatory for the growth of the business and t is apparent
that this step can increase the risk. It is required for the company, according to this article, to take
decentralized decision-making structures, more willingly than hierarchy. The new findings
would be facilitated to the manager to get a better understanding for the purpose of maintaining
the good image of the company in the view of the outsiders. Along with that, it is necessary for
the manager to evaluate that how individual employees deal with unwanted events, and what can
be ended to improve their flexibility.

Management 6
(d) Organisation and business practices
Barraket, J., Furneaux, C., Barth, S., & Mason, C. (2016). Understanding Legitimacy
Formation in Multi‐Goal Firms: An Examination of Business Planning Practices
among Social Enterprises. Journal of Small Business Management, 54, 77-89.
https://onlinelibrary.wiley.com/doi/10.1111/jsbm.12290.
The business practice is the major contextual Factor that can affect the entire organization either
in a positive manner or a negative manner. This journal article has emphasized the business
practices in the context of improving the performance of the employee because the impact of the
business practice can increase the productivity of them significantly. The business planning
practices have been explored by the author in the journal article in the form of functions of
authority formation among social businesses of Australia. It was apparent through this article that
the goal of the organization is dependent on the mission of the organization. The main focus has
been given by the author to the legitimacy formation in multi-goal forms.
The new finding of this journal article is suggested that the planning process of the company
provides the unit functions about businesses. Along with that, it has been found that the
implication of this journal article is to bring the better understanding about the legitimacy
formation inside Multi-stakeholders. The manager can take decisions in the context of managing
the company to maintain good bondings with other companies that have different goals and aims
and it would be done with the help of the new findings.

Management 7
(e) The functions of diverse firms
Findikoglu, M. N., & Watson‐Manheim, M. B. (2015). Do small and medium‐sized IT firms
form service partnerships with nonlocal IT firms? An assessment of
facilitators. Journal of Small Business Management, 53(4), 986-1010.
https://onlinelibrary.wiley.com/doi/10.1111/jsbm.12117
The function of the organizations is different from each other as the aim and the objective of the
company is entirely different. The major contextual factor in this journal article is functions of
the diverse firms in which the author has described the small and medium-sized organizations
that form service partnerships with nonlocal IT firms. It depicts the importance of the function of
both kinds of companies in the context of making service partnerships. The discussion has been
made on the various firms that have a tendency to develop the local partnerships due to trust
developing and it has been investigated that some of them are connected in non-local
partnerships. The main objective of this research is to find out the facilitators of this different
organization behavior.
The new findings of this research article are that an entity should focus on the functions of the
diverse firms because the entire structure of the company is different. The manager should
consider those aspects that impact the decision-making process of the company because the
contextual factor of the functionality of the business has kept a great role in decision-making
process. It has been analyzed from the findings that the organization offer that the alliance
capabilities of the organization can interchange the lack of geographical propinquity.

Management 8
Conclusion
It can be concluded from the above discussion that the management and business context has the
significant role in the process of the decision making process. The discussion has been made on
the contextual factors as they impact the entire process of the company. The research has entailed
the five topics on which the journal article has been taken. The first article of this research is
related to the organizational structure. The second article is shown the value of the
environmental forces and the third article has elaborated the risk and its importance on the
business. The fourth article is discussed the business practices and the role of them in the
decision making process of the company. At last, the discussion has been made on the functions
of diverse firms. The new findings are elaborated in each article. The impact of new findings on
the decisions of the manager has been elaborated under this research.