In the present scenario, this has been seen that the organizational structures are complex in nature and this affects the overall profitability of the organizations as well. The contextual factors include the different usefulness of the collaboration in the organization. Furthermore, this has been seen that in order to improve the conditions of the different firms in the entire competitive market, this is essential in nature to understand the different kinds of issues in an operative manner with the benefit of the contextual factors.
A proper business model canvas can benefit the companies in the global market to understand the different kinds of risks which are involved in the business and this will improve the working conditions of the organization as well. The decision-making process of the organizations can be influenced with the help of the contextual factors with the help of the different kinds of potential contextual factors.
The main contextual factor which has been discussed in the respective article is regarding the impact of the societal perceptions along with the corporate governance in the different emerging markets. Furthermore, these are different contextual factors which have been addressed in the article which have created huge impact on the emerging markets effectively. Furthermore, the article helps in managing the relationships in the firms and the employees who are working in the organization. It has been seen that the government tries to bring in gender equality in the organization which aids the employees in gaining more equality in the organization and there are no such issues in the organization as well.
The new findings in the contextual factors is relating to the different kinds of corporate governance which is essential to be followed in the organization which benefits in increasing the overall profitability of the organization successfully. Furthermore, the main impact of the corporate governance in the different organizations is relating to the facilitation of the different kinds of operative and entrepreneurial prudent management in the organization which will aid in improving the governance of the company.
The main findings for the different managers in the organization is relating to the managing of the corporate governance in the organization. Furthermore, this is the entire duty of the board of directors in the companies to understand and analyze the implications of the corporate governance in the organization which will help in making the tasks effective in nature and this will become more efficient in nature which will make the tasks more strategic in nature.
The main contextual factor which have been discussed in the respective article is relating to the entrepreneurial decision making which is essential in nature in terms of the different environmental risks. Furthermore, there are different kinds of environmental forces such as political and economic factors which can create huge impact on the decision making of the organization. Furthermore, the decision making is essential in nature while there are different kinds of risks which can affect the reputation of the firm in a negative manner.
The new findings in the contextual factors is relating to the decision-making process which is essential while there are different macro and micro environmental forces that can affect the reputation of the firm. Furthermore, this is essential in nature for the firms in the global market to understand the uncertainty of the risks which is ineffective in nature and this can affect the entire decisions which are being taken by the organizational members in the organization.
From this article, this can be analyzed that the managers in the organizations need to understand the uncertainty of the risks which are involved. This is required to analyze the risks and the managers can take different steps such as the decision-making process is required to be active in nature to become more efficient in the decision-making process. The different characteristics of the decision-maker is required to be analyzed in order to make the different tasks more operative in nature.
The main contextual factor which have been described in the respective article is relating to the different kinds of macro and micro environmental risks which are being confronted by the firms in the global environment. Furthermore, this has been seen that the different small and medium sized enterprises need to analyze the different economic and political risks which can affect the brand image of the firm negatively.
The new findings in the contextual factors is related to the risks which can affect the entire reputation of the firm. This has been analyzed that there are different firms in the entire global market in which this has been seen that these macro or external environmental risks can create a huge problem for the company which can be negative impact on the organizations. The different political risks in the organization can bring huge issues in the structure of the firm which will be ineffective in nature.
The findings for the managers in the organizations is that this is the duty of the different managers in the organization in which this has been seen that macro and micro environmental risks are required to be reduced by them with implementation of different relevant strategies such as the contextual factors which will benefit in decision-making process. With proper advancement of the technologies, the managers need to reduce the different risks effectively without much interruption and this will improve the stability as well.
The main contextual factor which has been discussed in the article is relating to the different kinds of business practices which helps the companies in achieving the goals and this will benefit the organizations in the long term as well. Furthermore, this has been seen that the sustainable business practices such as a proper and important business model canvas is required to be prepared by the organizations which will aid in managing the different kinds of activities in an efficient manner. Furthermore, this is the main duty of the organizational members such as the higher authorities in order to understand the different key activities and the channels through which the expansion can be done.
The new findings in the contextual factor is relating to the different kinds of business practices as the expansion of the firm along with analysis of the different customers in the organization who are the target audience and they will be able to improve the overall business scenario as well. This has been seen that there are different organizations such as quality management of the different organizational practices will benefit in understanding the different kinds of activities and gain more competitive advantage.
The main findings for the managers in the organization is that the managers of the companies are required to analyze the different kinds of techniques which is required to be used by them in order to gain long terms success of the firm. The technological advancements can help in managing the different activities effectively.
The main contextual factor which is discussed in the article is relating to the functions of the diverse firms in the entire global structure of the market. The organizational functions such as human resource management or finance or marketing functions help in managing the different kinds of activities in an actual manner. This has been seen that the organizational functions will support and assist the companies in managing the different activities which will be useful for managing the operations successfully and efficiently.
The new findings in the contextual factors is related to the organizational functions which are required to be followed in the organizations. The main human resource management is essential to be adopted by the organizations as this will aid in managing the different activities in an actual manner and appropriately as well. Furthermore, this has been seen that the organizations need to follow all the functions appropriately as this benefits in achieving the overall efficacy within specific span of time.
The findings of the article aid the managers in the organizations to understand the different factors such as marketing and human resource management functions which will help and assist in managing the various operations efficiently. Furthermore, the human resource management functions in the organization benefit the entire company in understanding the compensationalong with other policies of the employees which will identify the entire factualness of the organization positively.
Conclusion
Therefore, this can be concluded that the different kinds of contextual factors are essential in nature which helps in managing the different activities in an efficient manner. Furthermore, this has been seen that there are various companies in which there are different functions such as marketing, human resource and the financial functions which has helped them in managing the different activities in an appropriate manner.
Therefore, this has been seen that there are different micro and macro environmental risks in the organizations which has affected the entire productivity of the organizations. This has been seen that this is the duty of the different managers in the organizations such as technological advancements in the organizations which has assisted and aided the organizations in managing the different activities in an appropriate manner.
Furthermore, the corporate governance played a major role in different organizations in which this has assisted the organizations in managing difficulties effectually. The functions of the diverse firms include the HRM functions which has helped in improving the overall efficiency and appropriateness of the firms. Lastly, the different kinds of risks which are being confronted by the firms is relating to the different kinds of business practices which has affected the brand image of the firm.
References
Abdullah, S. N., Ismail, K. N. I. K., &Nachum, L. (2016). Does having women on boards create value? The impact of societal perceptions and corporate governance in emerging markets. Strategic Management Journal, 37(3), 466-476.
Albers, S., Wohlgezogen, F., & Zajac, E. J. (2016). Strategic alliance structures: An organization design perspective. Journal of Management, 42(3), 582-614.
Ararat, M., Aksu, M. and Tansel Cetin, A., 2015. How board diversity affects firm performance in emerging markets: Evidence on channels in controlled firms. Corporate Governance: An International Review, 23(2), pp.83-103.
Brustbauer, J., (2016). Enterprise risk management in SMEs: Towards a structural model. International Small Business Journal, 34(1), pp.70-85.
Estélyi, K. S., & Nisar, T. M. (2016). Diverse boards: Why do firms get foreign nationals on their boards?. Journal of Corporate Finance, 39, 174-192.
Ortiz?de?Mandojana, N. & Bansal, P., (2016). The long?term benefits of organizational resilience through sustainable business practices. Strategic Management Journal, 37(8), pp.1615-1631.
Shepherd, D. A., Williams, T. A., &Patzelt, H. (2015). Thinking about entrepreneurial decision making: Review and research agenda. Journal of management, 41(1), 11-46.
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