Analysis of Contextual Factors in Business: An Annotated Bibliography

Desklib provides past papers and solved assignments for students. This annotated bibliography analyzes key contextual factors in business management.

MANAGEMENT AND BUSINESS CONTEXT
Annotated Bibliography
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Table of Contents
Introduction......................................................................................................................................3
Annotated Bibliography 1............................................................................................................4
Annotated Bibliography 2............................................................................................................5
Annotated Bibliography 3............................................................................................................6
Annotated Bibliography 4............................................................................................................7
Annotated Bibliography 5............................................................................................................8
Conclusion.......................................................................................................................................9
References......................................................................................................................................10
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Introduction
This report will be discussed on five major contextual factors such as organizational structure or
governance, environmental forces, organization and business practices, the function of diverse
firm and risk confronting the firm. These factors will always help to accomplish the goal of the
organization. All the journals are discussed in this report are verified, and it's content to represent
in the context of the organization. In this report, the discussion will be on the respective topic.
Each article expressed why these topics were covered by these journals and what the findings in
the journal are. After evaluating and identifies the significant aspect, the role of manager
elaborates that why these findings will be helpful to the manager in taking the right decisions on
time. The main aim of the organization is to make the proper decision on these contextual
factors. It represents the performance rate of the organization by various means.
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Annotated Bibliography 1
Yoon, J., & Suh, M. (2019). Determinants of organizational performance: Some
implications for top executive leadership in Korean firms. Asia Pacific Business
Review, 25(2), 251-272. DOI: 10.1080/13602381.2018.1548545
In this article, the major contextual factor is organizational structure and governance. The size
of the corporate structure represents the power of internal organization. In this structure, there is
administrative capability which includes the ability to reduce conflicts. This structure distributes
the duties and responsibilities according to the hierarchy of the organizational structure. It will
help to decide at the right time. It creates a strategy and modifies the policies. It was
encompassing and integration related to firm performance.
Organization structure determined the size, leadership size and age. It is a multi-dimensionally
structure which allocates the responsibility and the power according to the norms and procedure.
It helps in evaluating or examined the performance of the organization. The significant findings
in the article on the topic of organizational structure and governance are it creates an inconsistent
pattern in the fabric which may arise some positive and negative aspects. Organization
performance is a probabilistic concept which measures the difficulties occurs in net income and
calculates the estimate after paying all the taxes regularly. It provides elasticity to the
organization for performing the primary task by using the power of its responsibilities.
According to the author, there is a correlation between sales and debt. By the help of these
findings, the manager clears its vision and value. The manager handles the entire executive in the
team and communicates the information which comes from the different level of organizational
structure. The different level of the organizational structure includes CEO, teams, executive
committee. Manager expresses frustration by using unique strategies but it must in favour of the
organization as well.
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Annotated Bibliography 2
Molina‐Azorín, J., & López‐Gamero, M. (2016).Mixed Methods Studies in Environmental
Management Research: Prevalence, Purposes and Designs. Business Strategy and the
Environment, 25(2), 134-148.DOI:10.1002/bse.1862
This article is discussed in the contextual factor of environmental forces. In this research, it
includes excellent diversity and accommodates. The environment in the organization provides
confidence to work hard, and these kinds of influence make inspirational employees. This article
is based on research methods inappropriate management which integrates the technique. These
kinds of environment management promote employees to work hard.
These forces push the employees to perform better in their specific area. Since the goal of the
organization is to make its employees as much as better performance. It is the strategies which
hold the pressure on employees, management team and stakeholders. The pressure makes storing
the supply chain, and it is the connectivity between the employees and the manager. These forces
are directly proportional to the size of the organization. Sometime it will be helpful to reduce the
complexity because all the critical situation or circumstance has already decided solution.
Findings of this article on environmental forces are these forces or [pressure is required for the
significant development to the organization, and it cleared the outcomes of respective methods.
The experiences from the findings the manager evaluates the performance and coordination
between the impact of reduction. SME’s manager generates the policy which enhances the
quality of the environment. It forces the employees to perform their best at each level.
Experience and learning conclude that an environmental force helps the organization in its
productivity and its performance.
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Annotated Bibliography 3
Díaz-Fernández, González-Rodríguez, & Simonetti.(2015). Top management team's
intellectual capital and firm performance. European Management Journal, 33(5), 322.
DOI.org/10.1016/j.emj.2015.03.004
This article is discussed in the contextual factor of the functions of diverse firms. Diverse in
terms of when an organization deals with various services like service, technology, trading and
finance. Diverse firms improve the performance rate of the organization because when an
organization provides several services by the same name. It will be easier to publicize its brand
among users and customer. Stakeholder and customer want to make a good relationship with the
organization. It will not be an easy task also because the same organization needs to take various
decisions and adopt several strategies. Best decision making power derived from the literature
and the reviews. When an organization deals with different opportunities, it increases its
effectiveness and connectivity with the public as well.
Findings in this article on the function of diverse firms are correlation and collaboration with the
different services and the different customer. It has higher complexity and the strategic
performance of the organization. It helps in successful implementation of decisive actions which
provides higher outcomes of the strategies. It helps in correlating with the skills and capabilities
of the employees. It is the responsibility of the managerial team is to associate and perceived risk
and deal with prior knowledge or experience.
The manager has a responsibility to handle diverse firms and utilize these workforces which
emphasize the productivity and the performance rate of the organization. The main reason for
these different services offers some valuable outcome which may help to reduce the failure rate
in other assistance.
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Annotated Bibliography 4
O'Shannassy, T. (2017).Associate editor reflections on the Progress in and Future of
strategic management research in Journal of Management & Organization. Journal of
Management and Organization, 23(4), 473-482. DOI:10.1017/jmo.2017.31.
The main contextual factor of the strategic management research of this article is based on
organization and business practices. This article is discussed upon the organization like what is
the development area of the organization. The main organization goal is to well-being our
society and offers a better quality of service. Stakeholders and shareholders of the organization
play a vital role in the organization for taking the proper decision at the right time. The business
practices of the company are innovation and evolution of the technologies in the corporate
sector. Business factors deploy its networks in the broad area and distribute its service for
wellbeing to the customer and the resource of the organisation. There are several levels in the
organization, and each level has its responsibility. Human resource, finance and marketing push
forwards towards the success of the company by various aspects.
The findings of this journal are that the work will impact on future outcomes. It improves the
community work which includes stakeholder, shareholders and the general manager of the
company. Higher organizational structure predicts the better performance of the organization.The
highlighted factor of this research is based on the strategic management of the research. It creates
the existing research and publicizes future opportunities.
The manager takes some major factor from the findings which will be helpful to its
responsibilities. Manager performs effectively and manages all the contextual strategy factors.
Managers inspire other employees to work hard because of their performance will directly affect
the organization objectives. Managers decide on a joint venture or the international market.
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Annotated Bibliography 5
Musallam, S. (2018). The direct and indirect effect of the existence of risk management on
the relationship between the audit committee and corporate social responsibility disclosure.
Benchmarking: An International Journal, 25(9), 4125-4138. Doi/full/10.1108/BIJ-03-2018-
0050.
The contextual factor of this article is risk confronting the firm. The risk arose due to the
audit team and the organization responsibility community. The main asset of any company
is the fund or the money which it earned from its earning source. If the organization predicts
the financial risk in the company particular statement and demands, the company discloses
its financial statements with the shareholders or its stakeholders. It involves an overall
impact on society and responsibility.
There is some other risk like ethical, legal and economic risks in the organization which
affect the growth and performance of the company. The expectation of a company it holds
less number of risk which may arise or rise due to policies and strategies. The organization
must maintain transparency in its financial and managerial details. The resultant of this
journal on risk confronting in the firm is the audit committee, and the economic team
conduct a meeting regarding financial risk in the organizational the experts and leaders
manage or deal with the predetermined and reduce the effects of risk impact.
Manager focused on the governance of corporate, fraud, dishonesty, lack of motivation etc.
Scandals, regulators and media help the manager to take the proper decision regarding fraud
or fault in the financial statements. According to the author of this journal, the financial
statement must be evaluated by the audit community. After finding any risk, the audit team
will see the other alternate direction or identify the cause of risk.
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Conclusion
This report has been concluded that five major contextual factor of the management and
business context. After analysing the entire journal according to the researcher that
organizational structure and governance is the most significant contextual factor of the
organization. The financial organization values all the contextual factors. But organizational
structure is the most prominent from all the elements like in the Commonwealth Bank of
Australia (CBA) creates the most functional structure which is helpful to utilize the
resource, and the operation or activity are managed. In Westpac organizational structure
make the relationship with the government clients, corporate and institutional sectors.
Australia and New Zealand Banking Group (ANZ) generate its organizational structure
according to the governance and distinguish the responsibility according to the hierarchy
level. This level shows the power of responsibility. The top level of organizational structure
has the most dominant power in the organization. The National Australia Bank (NAB) has a
business structure which enables the duties and responsibility in each level. The financial
organization must carefully prepare its organizational structure because all the perception
and expectation are based on that only. The level of hierarchy describes the power of
responsibility, so all the corporate sector prefers to apply these contextual factors which
were already discussed in the report. The implementation of these factors will provide a
better outcome and achieve the goal of the organization.
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References
Díaz-Fernández, González-Rodríguez, &Simonetti.(2015). Top management team's intellectual
capital and firm performance.European Management Journal, 33(5),
322.DOI.org/10.1016/j.emj.2015.03.004.Available at:https://www-sciencedirect-
com.ezproxy.cqu.edu.au/science/article/pii/S0263237315000432
Molina‐Azorín, J., &López‐Gamero, M. (2016).Mixed Methods Studies in Environmental
Management Research: Prevalence, Purposes and Designs. Business Strategy and the
Environment, 25(2), 134-148.DOI:10.1002/bse.1862.Available at:https://onlinelibrary-
wiley-com.ezproxy.cqu.edu.au/doi/epdf/10.1002/bse.1862
Musallam, S. (2018).The direct and indirect effect of the existence of risk management on the
relationship between the audit committee and corporate social responsibility
disclosure.Benchmarking: An International Journal, 25(9),
4125-4138.doi/full/10.1108/BIJ-03-2018-0050https://www-emeraldinsight-
com.ezproxy.cqu.edu.au/doi/full/10.1108/BIJ-03-2018-0050
O'Shannassy, T. (2017).Associate editor reflections on the Progress in and Future of strategic
management research in Journal of Management & Organization. Journal of Management
and Organization, 23(4), 473-482.DOI:10.1017/jmo.2017.31.https://search-proquest-
com.ezproxy.cqu.edu.au/docview/1914142198?rfr_id=info%3Axri%2Fsid%3Aprimo
Yoon, J., &Suh, M. (2019). Determinants of organizational performance: Some implications for
top executive leadership in Korean firms. Asia Pacific Business Review, 25(2), 251-
272.DOI: 10.1080/13602381.2018.1548545.Available at:https://www-tandfonline-
com.ezproxy.cqu.edu.au/doi/pdf/10.1080/13602381.2018.1548545?needAccess=true
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