MGMT20144 - Decision Making Context: Annotated Bibliography

This annotated bibliography explores the various contextual factors influencing organizational decision-making. It discusses the views of eminent authors and experts on incorporating these factors within a business organization. The bibliography covers organizational structure, environmental forces (political, economic, social, cultural), risks confronting the firm, organizational and business practices, and the functions of diverse firms. Articles from 2014-2018 are reviewed, focusing on topics such as headquarters-subsidiary relations in multinational companies, corporate social responsibility, real options theory in strategic management, green practices of smaller service firms, and open business models. The analysis also provides recommendations for CQUniversity, advising the institution to address environmental forces to enhance organizational performance.

Running head: ANNOTATED ARTICLE REVIEW
ANNOTATED ARTICLE REVIEW
Name of the Student
Name of the University
Author Note

1ANNOTATED ARTICLE REVIEW
The organizational decision making refers to the various decisions that are undertaken by
the concerned management of an organization in order to deal with the various factors that are
related to the overall development within any given organization. The overall performance of the
organization is observed to have been influenced by the various decisions that have been
undertaken by the concerned management of the organization. The various factors that might be
influenced by the decisions that have been undertaken by the concerned organization refer to the
various contextual factors that are related to the matters that pertain to the structure of the
organization, the various environmental forces that have been affecting the overall performance
of the organization. The business organization might also be impacted due to the various risks
that need to be looked into while making the decisions in the given organizational context. The
various practices within the organization as well as the business at large might also be affected
by the decisions that have been undertaken by the management of the concerned organization.
The diversity of the various organizations that have been functioning within the same industry or
market might also have an effect on the various decisions that have been undertaken by the
concerned business organization. The following essay deals with the discussion of the views that
have been presented by the various eminent authors and experts in the matters that pertain to the
incorporation of the various contextual factors within the business organization.
Organizational structure
Hoenen, A. K., & Kostova, T. (2015). Utilizing the broader agency perspective for studying
headquarters–subsidiary relations in multinational companies. Journal of
International Business Studies, 46(1), 104-113. Available at
https://doi.org/10.1057/jibs.2014.31

2ANNOTATED ARTICLE REVIEW
Hoenen and Kostova (2015) in the article entitled “Utilizing the broader agency
perspective for studying headquarters–subsidiary relations in multinational companies” tends to
deal with a section of the conditions that are associated with the structure within an organization.
The authors argue that the structure of the organizations in the recent times play a huge role in
the matters that influence the various decisions that are undertaken by the concerned
management within the given organization. The structure of the organization refers to the
hierarchy that is maintained within the organization as well as the spread of the organization all
over the global market. The concerned article deals with the relationship that is shared among the
headquarters of the concerned organization and the various subsidiaries of the same organization
that might have been spread all over the global market. The authors tend to argue that the
management must look into the various matters that pertain to the relationship that exists among
the subsidiary locations and the headquarters of the organization. The article attempts to help the
concerned managerial staff of the organization to deal with the various matters that pertain to the
miscommunication among the various members of the organization. The managerial staff of the
organization might be advised to look into the matters that might be affected by the decision-
making of the concerned management of the organization.
Environmental forces
Marano, V., & Kostova, T. (2016). Unpacking the institutional complexity in adoption of CSR
practices in multinational enterprises. Journal of Management Studies, 53(1), 28-54.
Available at https://doi.org/10.1111/joms.12124
Marano and Kostova (2016) in the article entitled “Unpacking the institutional
complexity in adoption of CSR practices in multinational enterprises” discusses the matters that
pertain to the effect of the various environmental forces on the organizational decision making.

3ANNOTATED ARTICLE REVIEW
The various environmental forces that have been affecting the various organizations pertain to
the political factors, the economic factors, the social and the cultural factors that might have been
affecting an organization. The authors argue that the corporate social responsibility of the
concerned firm is at times affected by the environmental conditions wherein the concerned firm
might have been operating. The authors tend to argue that the various environmental forces that
might be affecting the firm include the various factors like the dependency of the economic
conditions of the concerned firm on the conditions of the country as well as the various factors
that are related to the heterogeneity that needs to be maintained among the institutional forces
that are functional within the transnational field of the concerned firm. The authors further keep
in mind the various factors that are related to the various economic linkages that are related to
the concerned business organizations in discussion. The authors of the concerned article in
discussion attempt to help the concerned managerial staff of the organization to deal with the
various factors that pertain to the influence of the concerned environmental forces within the
concerned organization. The article further attempts to provide the concerned management of the
organization with the ways to deal with the various factors that might consider the matters that
pertain to the external environment of the organization and the various factors that are related to
the concerned political, social, legal and the economic environment wherein the company has
been functioning.
Risks confronting the firm
Trigeorgis, L., & Reuer, J. J. (2017). Real options theory in strategic management. Strategic
Management Journal, 38(1), 42-63. Available at https://doi.org/10.1002/smj.2593
Trigeorgis and Reuer (2017) in the article entitled “Real options theory in strategic
management” deals with the various factors that pertain to the various risks that might be

4ANNOTATED ARTICLE REVIEW
involved in the operations of the various business organizations. The authors of the article tend to
deal with the various matters that deal with the factors that pertain to the risks faced by the
concerned managers in the matters that pertain to the operations of the given business
organization within the territorial boundaries of the country wherein the company is functional as
well as the matters that pertain to the concerned global market wherein the concerned industry
has been featuring. The business organization might also be impacted due to the various risks
that need to be looked into while making the decisions in the given organizational context. The
various practices within the organization as well as the business at large might also be affected
by the decisions that have been undertaken by the management of the concerned organization.
The management of the concerned organization might find assistance in the matters that pertain
to the risks that might be confronted by the concerned firm in the matters that pertain to the
dealings with both the internal as well as the external factors that might have been influencing
the concerned firm.
Organization and business practices
Aykol, B., & Leonidou, L. C. (2015). Researching the green practices of smaller service firms:
A theoretical, methodological, and empirical assessment. Journal of Small Business
Management, 53(4), 1264-1288. Available at https://doi.org/10.1111/jsbm.12118
Aykol and Leonidou (2015), in the article entitled “Researching the green practices of
smaller service firms: A theoretical, methodological, and empirical assessment” discusses the
various matters that are pertaining to the matters that are related to the factors like the several
practices that are undertaken by the numerous business organizations that have been functioning
within the concerned industry. The authors tend to argue that the concerned members of the
workforce of the firm might essentially abide by the numerous matters pertaining to the

5ANNOTATED ARTICLE REVIEW
organizational practices within the concerned business organization. The authors argue that these
practices might affect the motivation that should be gained by the members of the workforce of
the concerned organization. The management of the organization might need to look into the
ethical factors that are involved within the concerned functions that have been taking place
within the business given company. The management might be recommended to consider the
factors that are related to the matters pertaining to the various practices within the given
organization as well as the various businesses wherein the given business organization might be
involved. The other factors that need to be considered by the management of the concerned
organization deal with the factors that are observed to be related to the ethical practices that have
been accepted by the concerned business organization. The dealings of the management
regarding the promotion of the various ethical practices within the given company might help in
the maintenance of the harmony among the various employees thereby assisting the
improvement within the overall growth of the company.
The functions of diverse firms
Kortmann, S., & Piller, F. (2016). Open business models and closed-loop value chains:
Redefining the firm-consumer relationship. California Management Review, 58(3), 88-
108. Available at https://doi.org/10.1525/cmr.2016.58.3.88
Kortmann and Piller (2016) in the article entitled “Open business models and closed-loop
value chains: Redefining the firm-consumer relationship” attempts a discussion on the functions
that have been undertaken by the concerned business organization. The diversity of the various
organizations that have been functioning within the same industry or market might also have an
effect on the various decisions that have been undertaken by the concerned business
organization. The various factors that are related to the diversity maintained within the several

6ANNOTATED ARTICLE REVIEW
business firms are related to the matters that pertain to the diversity in the functionalities of the
firm based on the various environments wherein the concerned firms might have been
functioning. The concerned article tends to focus more on the matters pertaining to the
diversified functions of the departments within the given business organization. The management
of the concerned business organization might be advised to deal with the matters pertaining to
the various diversifications within the concerned organizations within the concerned market.
This might in turn help in the matters that pertain to the factors that are related to the behavior
depicted by the stakeholders of the concerned organization which in turn might affect the overall
competitive advantage of the concerned organization in discussion.
Organizational Performance of CQUniversity
The organization in discussion, CQUniversity, might be advised to deal with the matters
that pertain to the various environmental forces that might have been affecting the concerned
organization. This might help the CQUniversity to make enhancements in the matters that pertain
to the overall organizational performance of the esteemed university in Australia. The various
environmental forces that have been affecting CQUniversity pertain to the political factors, the
economic factors, the social and the cultural factors that might have been affecting an
organization. The corporate social responsibility of the CQUniversity is at times affected by the
environmental conditions wherein the educational institution might have been operating, the
Australian territorial boundaries in this case. The various environmental forces that might be
affecting CQUniversity include the factors like the dependency of the economic conditions of the
CQUniversity on the conditions of the country as well as the various factors that are related to
the heterogeneity that needs to be maintained among the institutional forces that are functional
within the transnational field of the concerned firm in discussion, CQUniversity.

7ANNOTATED ARTICLE REVIEW

8ANNOTATED ARTICLE REVIEW
References
Aykol, B., & Leonidou, L. C. (2015). Researching the green practices of smaller service firms: A
theoretical, methodological, and empirical assessment. Journal of Small Business
Management, 53(4), 1264-1288. Available at https://doi.org/10.1111/jsbm.12118
Hoenen, A. K., & Kostova, T. (2015). Utilizing the broader agency perspective for studying
headquarters–subsidiary relations in multinational companies. Journal of International
Business Studies, 46(1), 104-113. Available at https://doi.org/10.1057/jibs.2014.31
Kortmann, S., & Piller, F. (2016). Open business models and closed-loop value chains:
Redefining the firm-consumer relationship. California Management Review, 58(3), 88-
108. Available at https://doi.org/10.1525/cmr.2016.58.3.88
Marano, V., & Kostova, T. (2016). Unpacking the institutional complexity in adoption of CSR
practices in multinational enterprises. Journal of Management Studies, 53(1), 28-54.
Available at https://doi.org/10.1111/joms.12124
Trigeorgis, L., & Reuer, J. J. (2017). Real options theory in strategic management. Strategic
Management Journal, 38(1), 42-63. Available at https://doi.org/10.1002/smj.2593