One pioneer who was instrumental in moving organization theory to the contingency approach was Joan Woodward‚ who studies the effect of technology on the organization. Woodward found that many variations in organization structure were associated with differences in manufacturing techniques. As Woodward pointed out: "Different technologies imposed different kinds of demands‚ and these demands had to met through an appropriate structure. Commercially successful firms seemed to be those in which function
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Concrete vs. Steel Structures: In the past‚ the world of construction of buildings was based on wood‚ adobe‚ thatch and cave dwellings as construction materials or units. Modern engineering has developed to use the steel‚ concrete as basic elements of construction. Nowadays‚ there is a worldwide debate about which material of those two does reign supreme in the world of development. Most importantly‚ concrete and steel have different mechanical properties which cause a different behavior under
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The organization is tall in structure but is also departmentalized by function within this structure. At the top of this structure are the three owners‚ John Henry‚ Larry Lucchino‚ and Tom Werner. This ownership group purchased the Boston Red Sox for $380 million in 2002 (Ozanian‚ 2012). John Henry is the Red Sox’ principal owner‚ while Larry Lucchino serves as the President and CEO‚ and Tom Werner serves
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Theory and Practice of Organizational Learning: October 17‚ 2011 Definitions of Learning Organizations Learning organizations are broken down into several categories and sub categories. There are formal and informal methods of organizational learning along with descriptions of learning organizations like “adaptive‚ resilient‚ and innovative” organizations (Merriam‚ S.B.‚ Baumgartner‚ L.M.‚ and Caffarella Learning in Adulthood: A comprehensive Guide p.45) Characteristics of a successful
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9. Describe the differences between the universal and the contingency leadership theories. Explain your answer in sufficient detail to demonstrate your understanding. Be specific using the materials in your text and not a generalized or philosophical statement. Hint: both the trait and behavioral leadership theories were attempts to find the “one best leadership style in all situations”; thus they are called universal leader theories. According to Stogdill and Mann‚ it was illustrated that traits
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* Organizational structure + Principal*-Agent problem Principal-Agent Problem There is separation between ownership & control in most of the firm that we see today. As owners‚ shareholders appoint managers to make decisions for the company. There is another term to describe relationship between them. Shareholders are the PRINCIPAL that appoints the manager (AGENT) to act on the shareholders’ behalf so that profit can be maximize. E.g. Patient-Doctor Managers-Employees
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Caleb Johnson Capital Structure Theory Working Capital Management Dr. Woodward 10/14/14 Capital Structure Theory Part a. (Capital Structure) Capital structure is very important. Not only does it influence the return a company earns for its shareholders but can also be a determining factor on whether or not a firm survives a recession. A company’s capital structure is a mix of their short-term debt‚ long-term debt‚ and equity. A firm’s capital structure is the way the firm finances all of its
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In this paper I will examine the social structure theory‚ along with its definition and how the different types of theories make up the social structure theory. I will also attempt to discuss the strain‚ culture conflict‚ and social disorganization theory all of which make up the social conflict theory. I also wish to discuss the video “Tent City‚ Arizona” and answer the following questions‚ “How does the video you selected support a social structure theory? What is the primary subject or content
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Social structure theories are based on relationships or bonds. A good example of a social structure would be family counseling. This is where families would learn to bond and work together. Community events such as team events or social gatherings can become part of the social structure that helps to mold juveniles being involved in positive social functions is important in the development of a youth. So in my community the Youth Sports program will be a good example of “social structure. Because
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Geography 5 April 2013 The Green Revolution refers to the application of modern‚ western-type farming techniques to less economically developed countries. Organic farming is a type of agriculture that uses natural forms of growing crops. In this essay I will address the comparative similarities and differences between The Green Revolution and organic farming. The Green Revolution occurred between the 1940’s and 1970’s. It consisted of using genetically modified seeds‚ pesticides‚ hormone insertion into
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