MGMT20144: Management and Business - Annotated Bibliography

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MGMT20144 – Management and Business
Context
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Assessment Title: Assessment 1: Annotated Bibliography
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Table of Contents
Introduction.................................................................................................................................................3
Journal Article 1 (Organisational structures or governance)....................................................................4
Journal Article 2 (Environmental forces).................................................................................................5
Journal Article 3 (Risks confronting the firm).........................................................................................6
Journal Article 4 (Organisation and business practices)..........................................................................7
Journal Article 5 (The functions of diverse firms)...................................................................................8
Conclusion...................................................................................................................................................9
References.................................................................................................................................................10

Introduction
This report depicts the five journal articles on five different topics that support the business in
achieving the goals of the businesses. The articles in this report support in developing knowledge
in the context of the management and business. It also provides an opportunity for the learners to
enhance the skills for handling professional responsibility. This article consists of brief
discussion on the article by covering the respective topics. It also helps out in analyzing the
managerial role in the businesses by taking an effective and efficient decision so as to achieve
the goals of the organizations. This report covers up all the relevant topics which are necessary to
guide the learners. These factors also guide the businesses to take effective decisions in the
process of decision making which proves to be advantageous for the beginners. In this, there are
various sources that helped out to identify the various aspects in relation to the issues identify
under the mentioned articles.

Journal Article 1 (Organisational structures or governance)
Kim, S., & Jin, K. (2017). Organizational governance of inter-firm resource combinations:
The impact of structural embeddedness and vertical resource relatedness. Journal of
Management and Organization, 23(4), 524-544. DOI:10.1017/jmo.2016.9
The main purpose of this study is to combine the resources that belong to the outside the
boundaries of the firms. With the mergers and acquisition, it makes the businesses liable to
combine the resources of both the firm horizontally as well as vertically. To meet the
organization missions there are various policies and procedures that assist in long term planning
with the efficiency structure of the governance. This study focus on the impacts of the structural
impact of the choice related to governance. For gaining the competitive and sustainable
advantage the firms leverage their resources with other firms through mergers and acquisitions.
The main purpose of this report is to make the ethical choice for governing the relationship
between the choices of the governance and its related networks. Three are various factors that
facts the decisions of the firms related to governance. This study focuses on access to the
combination of resources and controlling the rights of the firms for taking a decision regarding
corporate governance. The author of this article also focuses on the resources combination and
its impacts on making better decisions for achieving and maintaining the long term success of the
company. This study supports in maintaining social relations and shapes the flow of resources of
the local firms in society. For complete understanding, it is important to understand the
combination of the resources of inter firms that affect the choices of governance. In the previous
studies, the choices of governance are an important resource for governing sustainable choices.

Journal Article 2 (Environmental forces)
Blahová, M., Haghirian, Parissa, &Pálka, Přemysl.(2015). Major factors affecting
contemporary Japanese business environment. The International Journal of Productivity
and Performance Management : IJPPM, 64(3), 416-433. DOI:10.1108/IJPPM-09-2014-0138
This study main purpose is to investigate such factors that impact the business environment of
the Japanese mainly related to the field of strategic management. There are several factors that
impact the measurement of corporate performance in some selected companies of manufacturing
that are located in Japan. There are several perspectives of the business that focus over the
innovations, social responsibility, finance, peoples and processes as to deal with the economic
crisis and transfer the necessary fundamental information to the society. The main aim and
objective of this paper are to observe the companies established in Japan for dealing with the
economic challenges of the past previous years. It also includes the practices of Japanese
companies that impact the environment. The information in this article is gained through the help
of an interview and research questions. With increasing high performance of the manufacturing
companies in Japan, this report includes suggestions so as to achieve a competitive advantage for
producing high quality of the products. In this context, for improving the performance of the
business there are various techniques are taken into consideration in this report such as Lean
manufacturing and target costing that provides support in this context. Further, this research
focuses on the progress and enlargement of the employees of the business.

Journal Article 3 (Risks confronting the firm)
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
According to the author of this article its main purpose to investigate the direct and indirect
management of risk by establishing the relationship among the corporate social responsibility
and audit committee. The audit committee and corporate social responsibility both are the vital
function of the organizations for conducting the business function in an ethical and moral
manner. The author of this article used the structural equation modeling method so as to utilize
the study in this article in the best manner. The main findings of this article are to establish a
positive relationship by managing the risk through meetings of the audit committee so as to make
the necessary disclosures related to Corporate Social Responsibility. This article is imperative for
the policymakers and shareholders so as to effectively monitoring the practices of CSR related
disclosures. This article supports the businesses to acknowledge the management of the risk by
disclosing the CSR practices of the businesses so as to conduct the business practices in a fair
and transparent manner. Further, the finding of this research investigating the variable of the
audit committee includes internal process and committee directorship. CSR practices support the
business in enhancing the business image in society and also support the organizations in
minimizing the business risk that affects overall the productivity and profitability of the business.
In accordance with the author, the result of the SEM model impacts indirectly over the risk
management among the audit committee and corporate social responsibility.
The researcher of this report concludes that it is important to improve the effectiveness of the
audit committee and its relationship with the CSR practices.

Journal Article 4 (Organisation and business practices)
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 purpose of this article is to highlight the strategic management role for improving the
organizational performance so that the shareholders and employees remain satisfied. It also
highlights the strategic management and its importance by practicing innovation and efficient use
of technology. In this, the author focuses on the obligation of the general managers for
performing strategic management effectively and efficiently. In huge and big businesses the role
of strategic management is crucial for delivering better quality and success in achieving the goals
of the businesses. In this article, the author uses the quantitative and qualitative method to exploit
moiré opportunities through innovation. In this article, the researchers formulate the three main
strategies that help in the study of strategic consistency which includes low cost, differentiation
in the prices and marketing differentiation. This article also studies the relationship among the
reputation of the corporate and social performance of the corporation where the social and
environmental factors impact the overall functions of the organizations. This study supports
keeping focus over the strategic management for studying the roles and responsibilities for
increasing the appreciation of the employees at the place of occupation. This helps the
community to provide direction to face the challenges and of the general managers with the help
of different technologies and innovative strategies. In this, the author focuses on enhancing the
knowledge as it positively influences the goals achieved on the other hand lack of knowledge
negatively influence the employers and employees while performing the business practices.

Journal Article 5 (The functions of diverse firms)
Davies, G., Mete, M., & Whelan, S. (2018).When the employer brand image aids employee
satisfaction and engagement. Journal of Organizational Effectiveness, 5(1), 64-
80.DOI:10.1108/JOEPP-03-2017-0028
This article main purpose to test the characteristics of the employees which includes age, role,
expertise, and gender) that persuade the effects of employer brand image, competence, and
satisfaction of the employees. In this article, a survey is done for the satisfaction and employer
engagement for enhancing the brand image. This article includes the base model method that
supports in establish the link among the image of the employer with satisfaction and engagement
by using the model of mediated moderation. This model proved to be valid and satisfactory for
influencing the brand image of the employer on engagement. Engagement with the employee
characteristics and promoting the brand of the employer is imperative for the achievement of the
goals. This study uses the base model to enhancing the understanding of the use of employees
imaginary so as to support development through satisfaction. According to the researcher, it is
important to enhance the image of the employer so as to attract the employees and retain them
for the long term success of the company. This makes the organizational function effectual and
proficient and motivates the employees to achieve the individual as well as the goals of the
organizations. Many organizations daily review satisfaction of the employees and their
engagement with the regular monitoring process. This article mainly focuses on the present
employees and their attitudes for increasing the level of satisfaction among the employees.
Further, to attract the employees the employers and their brand image is used as a tool and
positively influencing the employees to achieve the goals of the business.

Conclusion
As per the discussions in this report, it concludes that the organizational structure and
governance is one of the most important factors that support the banks in fulfilling the objectives.
This aspect supports the Commonwealth Bank of Australia (CBA) to frame the effective
structure for governing the organizational functions by optimum use of the resources. Further,
the organizational structure supports the Westpac to allocate the roles and responsibilities at all
departmental levels. The Australia and New Zealand Banking Group (ANZ) governance supports
the banks in preserving the values of the shareholders. For the efficient and effective functioning
of the banks, the organizational structure and governance play an important role in managing the
business activities at all departmental level. It also supports the banks in taking appropriate
decisions at various levels and help out in achieving the business goals and objectives.

References
 Blahová, M., Haghirian, Parissa, &Pálka, Přemysl.(2015). Major factors affecting
contemporary Japanese business environment. The International Journal of Productivity
and Performance Management : IJPPM, 64(3), 416-433. DOI:10.1108/IJPPM-09-2014-
0138
 Davies, G., Mete, M., & Whelan, S. (2018).When the employer brand image aids
employee satisfaction and engagement. Journal of Organizational Effectiveness, 5(1), 64-
80.DOI:10.1108/JOEPP-03-2017-0028
 Kim, S., & Jin, K. (2017). Organizational governance of inter-firm resource
combinations: The impact of structural embeddedness and vertical resource
relatedness. Journal of Management and Organization, 23(4), 524-544.
DOI:10.1017/jmo.2016.9
 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
 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