BUSI 3103 Chapter 5: Chapter 5
4 May 2017
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Document Summary
Interorganizational relationships: relatively enduring resource transactions, flows and linkages that occur among two or more organizations. Organizational ecosystem: system formed by the interaction of a community of organizations and their environment. Changing role of management: managers need to understand that they must learn to manage horizontally to be effective. Relationships between organizations: assessed by degree of similarity and degree of competitiveness. Resource dependence theory: argues that organizations do not want to become dependent on other companies due to negative effects on performance. Resource dependence strategies: alter or adapt to the interdependent relationships or power over others in relationships. Collaborative networks: helps share risks when entering new markets and creating new products. Population ecology theory: changing environment determine which organizations survive. Individual organizations suffer and die out due to structural inertia and are replaced by new ones. Population: set of organizations engaged in similar activities with similar patterns of resource utilization and outcomes.
