MGMT20144 - Business and Management Context: Annotated Bibliography

This annotated bibliography comprises five recent peer-reviewed journal articles addressing key aspects of business and management. The articles cover organizational structures and governance, focusing on strategic alliances; environmental forces, particularly strategic customer service alignment in competitive markets; risks confronting firms, especially microdynamics in diverse teams; organization and business practices, emphasizing innovation through HRM; and the functions of diverse firms, highlighting the role of strategic management. Each annotation summarizes the article's purpose, findings, and implications for organizational performance and strategic decision-making. This document is available on Desklib, a platform offering various study tools and resources for students.

Business and Management
Context
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Table of Contents
Introduction.................................................................................................................................................2
Main Context...............................................................................................................................................3
Conclusion...................................................................................................................................................7
References...................................................................................................................................................8

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Introduction
The contextual factors organizational structures or governance, environmental forces,
risks confronting the firm, organization and business practices, and the functions of different
firms are essential to organizational decision making because these factors are those features of
workplace environment which are connected with the efficiency of the collaboration of the
organization and their businesses. The capability of diverse teams has to listen and value on the
impact of each contextual factor. It starts with the skills of diverse peoples to build strong unity
inside and outside the society.
The first journal will discuss regarding the organization and management of collective
activities in the governance structures. The second journal will highlight about the environment
of competitive markets. The third article will explain about the risks associated with the diverse
team in the organizations. The fourth article will reflect on the various business practices that the
organization carries on for better performance and achievement of their goals. The fifth article
will explain about the vital functions of strategic management, and the works of strategic
specialists have in the development of the performance of organizations.
While analyzing the different business practices of the organizations, it has found that the
organizations have the tendency to be more determined innovators while establishing strategic
targets related to innovation, the motivation of their teams, creating opportunities for their staffs
to act, and also create better utilization of technology.
Strategic targets are essential for the managers in the organizations helps them to realize
that the objectives have been established, primary problems have been outlined, time and
resources have been set, operations have been merged, internal environment has been created for
achieving the goals, outcomes have been agreed, and the organization have been made flexible
for facing any external changes.

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Main Context
a) Organizational Structures Or Governance
Albers, S., Wohlgezogen, F., & Zajac, E. (2016). Strategic Alliance Structures: An
Organization Design Perspective. Journal of Management, 42(3), 582-614. DOI:
10.1177/0149206313488209
It is little surprising to know about the organization and management of collective
activities in the governance structures, whereas strategic collaborations have occurred in recent
years as common and vital structural systems for the growth of the business. The typical
organizational scholarship is perceived as a useful method because it both delivers clear concepts
which distinguish the alternate intra organizational strategies and explains their impact on the
internal operations of the organizations (Albers, Wohlgezogen & Zajac, 2016). On the other
hand, the existing collaboration classification systems which are on the basis of different kinds of
collaborative activities, features of partnership, or legal arrangement, hardly describes the
significant differences of the collaborative tasks which are arranged between the partners.
The drawback is sought to redress by planning a structure of collaborative organizational
parameters on the basis of common corporate strategy considerations. Five important strategic
parameters for collaboration has been recognized and discussed in the article. They are the
administrative interface among the partners, the structural interface in the partners, the specialty,
formality, and centrality of the collaborative organization. The journal has also discussed about
the concerns of the five parameters, which has given more in-depth information about the
collaborative governance.

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b) Environmental Forces
Hong, P., Yang, M., & Dobrzykowski, D. (2014). Strategic Customer Service Orientation,
Lean Manufacturing Practices and Performance Outcomes: An Empirical Study. Journal
of Service Management, 25(5), 699-723. DOI: 10.1108/JOSM-12-2013-0355
The journal has discussed about the achievement of competitive benefit utilizing a strategic
customer service alignment, which had got enormous research attention. The purpose of the
article is to study the perception of strategic customer service alignment in the perspective of
fast-changing environments of a competitive market. Manufacturing practices could apply the
strategic customer service alignment manufacturing practices in order to achieve the best
business performances in the environments of the competitive market.
The findings have shown that organizations with a strategic customer service alignment are
applied on both human and technological factors of manufacturing practices which leads to
outcomes better performances in environments of a competitive market (Hong, Yang &
Dobrzykowski, 2014). The findings also suggest practical perception about integrating value
creation by the service-driven process and providing achievement of outcomes of both cost
efficiency and better performance in the environments of a competitive market.
c) Risks Confronting the Firm
van Dijk, H., Meyer, B., van Engen, M. L., & Loyd, D. L. (2017). Microdynamics in diverse
teams: A review and integration of the diversity and stereotyping literature. Academy of
Management Annals, 11(1), 517-557. DOI: 10.5465/annals.2014.0046
The research on the outcomes of diversity in teams in organizations has continued to
provide inconsistent consequences. The latest developments in diversity research have been
examined, and two risks have been recognized. The first one is lack of knowledge about the
microdynamics which are affecting the procedures and outcomes within the diverse teams in
organizations (van Dijk, Meyer, van Engen & Loyd, 2017). The second one is diversity research
has led to treating various groups as equal and has not considered the experiences of the team
members which might affect their membership and performances.

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In order to address these drawbacks, research has been conducted on the stereotypes,
which has signified that stereotypes are the reason behind micro dynamics between the
attribution of friendliness and competency of a member of target team within the organizations.
It is also the cause of observing the behavior of the members to the member of target team.
Moreover, it is also affecting the action of the member of the target team. It has been suggested
that impression, development, and encouragement of the perceivers are the main factors on the
basis of which the perceivers would carry on to treat a target on the basis of classification.
Based on the review, the journal has given solutions for the issues of diverse teams based
on integrative viewpoint and equivalent model which summarizes the Microdynamics of
Diversity and Stereotyping in Teams (MIDST). It has shown that stereotyping could be an
advantage and also disadvantage for the functioning of a team. It has also been discussed that
MIDST could be related to social classification, decision-making process, establish research
programs and argued about the implications of the managers in managing the risks of a firm in
the context of issues of diverse teams.
d) Organization And Business Practices
Chowhan, J., Pries, F., & Mann, S. (2017). Persistent innovation and the role of human
resource management practices, work organization, and strategy. Journal of Management
and Organization, 23(3), 456-471. DOI: 10.1017/jmo.2016.8
The journal is about different business practices through the approach of determined
features in the context of human resource management (HRM) practices and innovative
outcomes at the level of the workplaces. The innovators are classified by the degree of their
success at achieving new business practices and new products and improve the consequences of
those practices and product year after year.
The findings signify that workplaces, which establishes strategic targets related to
innovation, the motivation of their workforces, creating opportunities for their staffs to act, and
also create better utilization of technology, have the tendency to be more determined innovators
(Chowhan, Pries & Mann, 2017). The findings of the journal could make the contribution
towards the growth of government strategies, which seeks for the improvement of innovative
outcomes and better performance of the organization and its business.

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e) Functions of Diverse Firms
O'Shannassy, T. (2017). Associate editor reflections on the Progress in and Future of
strategic management research in the Journal of Management & Organization. Journal of
Management and Organization, 23(4), 473-482. DOI: 10.1017/jmo.2017.31
The article reflects the significant functions of strategic management and the works of
strategic specialists have in the development of the performance of organizations, which has
satisfied the investors and stakeholders, the practice of strategic tasks, the welfare of the
community and quality of life of the people. The analysis of recent media journals has
highlighted on the significance of current strategic management for the welfare of the economic
system of the world, efficient management of the healthcare industry which consist of the
industry of the health insurance for every nation, the practice of innovative processes, the
development of technology and sustainability.
From the year 1980s, growing appreciation has motivated the strategic work of leading
managers and so the practices of internal and sometimes external strategist management
advisors, and middle-line managers have improved. This has led to the achievement of higher
strategic thoughts and innovative outcomes. The strategic managers play an essential function in
large business, the small and medium-sized enterprises (SMEs) industry, the private
organizations, the public organizations and the not-for-profit organizations (O'Shannassy, 2017).
The strategic management is equally significant for the performance and achievement of the
great business decision-makers.

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Conclusion
The paper has considered five journals on the basis of five topics which are
organizational structures or governance, environmental forces, risks confronting the firm,
organization and business practices, and functions of several firms. The first article has discussed
about the organization and management of collective activities in the governance structures,
whereas strategic collaborations have occurred in recent years as common and vital structural
systems for growth of the business. The second journal had explained about the environment of
competitive markets. The third article had reflected about two defects in the research of diverse
team in organizations. The first one is lack of knowledge about the microdynamics which is
affecting the diverse teams in organizations. The second one is diversity research has led to
treating various groups as equal and has not considered the experiences of the team members,
The fourth article had discussed about different business practices at workplaces level. The fifth
article had highlighted the fact that the strategic managers play an essential function in large
business, the small and medium-sized enterprises (SMEs) industry, the private organizations, the
public organizations, and the not-for-profit organizations.
Recommendation
The Performance Management of CQUniversity has to create an environment which will
permit the development of human resources( HR) to achieve their targets and aims of the
organization.

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References
Albers, S., Wohlgezogen, F., & Zajac, E. (2016). Strategic Alliance Structures: An Organization
Design Perspective. Journal of Management, 42(3), 582-614. DOI:
10.1177/0149206313488209
Chowhan, J., Pries, F., & Mann, S. (2017). Persistent innovation and the role of human resource
management practices, work organization, and strategy. Journal of Management and
Organization, 23(3), 456-471. DOI: 10.1017/jmo.2016.8
Hong, P., Yang, M., & Dobrzykowski, D. (2014). Strategic Customer Service Orientation, Lean
Manufacturing Practices and Performance Outcomes: An Empirical Study. Journal of
Service Management, 25(5), 699-723. DOI: 10.1108/JOSM-12-2013-0355
O'Shannassy, T. (2017). Associate editor reflections on the Progress in and Future of strategic
management research in the Journal of Management & Organization. Journal of
Management and Organization, 23(4), 473-482. DOI: 10.1017/jmo.2017.31
van Dijk, H., Meyer, B., van Engen, M. L., & Loyd, D. L. (2017). Microdynamics in diverse
teams: A review and integration of the diversity and stereotyping literature. Academy of
Management Annals, 11(1), 517-557. DOI: 10.5465/annals.2014.0046