Org behavior Assignment Example | Topics and Well Written Essays - 500 words

Org behavior - Assignment Example They do this by managing costs, increasing costs or undertaking both. Essential product positioning, innovation, and targeting marketing can cause an increase in sales, while improving processes and controlling overhead expenses can reduce costs. Also, managers provide timely and effective revelation of information that is relevant to all the stakeholders. The revelation of this information highlights the organization’s respect towards their stakeholders. In addition, organizations set up code of ethics or rules and regulations for their employees and managers. These rules and regulations direct the way managers and organization’s employees handle and relate with other stakeholders (Brickley, Smith, Zimmerman, & Willett, 2000). Entrepreneurship creates value and satisfactory results for stakeholders by instigating innovative business ideas that promote future prosperity and wealth building in an organization. Moreover, entrepreneurship promotes the health and progress of an organization. It achieves this by creating fresh opportunities of business in all areas of the organization. On the other hand, entrepreneurship promotes innovation and increases profits of an organization. Lack of entrepreneurial action may make an organization not to get to its maximum capability (Brickley, Smith, Zimmerman, & Willett, 2000). Nonetheless, any knowledge that enters or is produced by the organization should create value to all the stakeholders. Organizational theory, design and change, structure and culture, have an interconnecting role in an organization. Organizational theory refers to the duty of an organization on the impact of the surrounding on the operational outline of the organization and how the organization works in the environment. This depicts an association with the cause and effect law. The organizational design and change points to how and why a variety of methods are selected. This helps the organization to manage its culture