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    Contemporary Organizational Theory Models

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    Summarize the perspectives of each of the five contemporary organizational theory models: population-ecology model, resourcedependence model, rational-contingency model, transaction cost model, and institutional model. Keep the summaries brief, one paragraph each. Include examples of personal experience and/or sample applications.

    Exercises

    Imagine that you have been asked to develop a contemporary organizational theory. You have decided that the fastest way to do this is to develop a hybrid using the current five contemporary organizational theory models; population-ecology model, resource dependence model, rational-contingency model, transaction cost model, and institutional model. Answer the following questions about your model:

    ? What will the new name of your theory be? For example, your new theory might be called the "rational-ecology-dependence" model or the "population-cost-contingency" model.
    ? What does the descriptive title of the model mean?
    ? How will it represent your personal concept of the organization?
    ? What might its impact be?

    Remember, this is your opportunity to be creative. Be imaginative. Explore the possibilities. The objective is to exercise your creative thinking muscles while exploring the application of what you have learned in this module.

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    https://brainmass.com/business/organizational-behaviour/contemporary-organizational-theory-models-97217

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    Solution Summary

    Summarizes and provides examples of the perspectives of each of the five contemporary organizational theory models: population-ecology model, resource dependence model, rational-contingency model, transaction cost model, and institutional model. It also assists in developing a hybrid contemporary organizational theory e.g. the new name of the theory, meaning of the descriptive title, how it will represent a personal concept of the organization and its potential impact.

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