ORGANIZATION OBJECTIVE 4
Afirm Behavioral Theory
Marchand Cyert are more concerned with the business firm and the way inwhich the company makes the economic decisions. These two authorsmake a more detailed observation of the processes and procedureswithin which the companies makes a decision using the comments as thebasis for decision-making theory in a business organization. The twoauthors argue that one of the sensible ways to understand the recentorganization decisions is through the supplement of themicro-economic study of strategic factors. This is done with anexamination of the internal operations of the business firm instudying the effects of the conventional practices and organizationstructure on goals development, implementation of choices and theformation of expectations (Shafritz,Ott & Jang, 2015).
Atthe outset, the author makes for commitments in research. One is tofocus on a small number of the critical decision made by the firm inthe economy, develop process-oriented firm models, link the modelsclosely as feasible to empirical observations and develop a generaltheory beyond the specifically studied companies. March and Cyertdevelop process oriented, the relevant theory of economic decisionmaking by an enterprise of the business. They also present behavioraltheory rudiments of the firm that have been relevant to the theory ofcomplex organizations and economic theory (Shafritz,Ott & Jang, 2015).
Theauthor then laid the antecedent of the firm behavioral theory. Theydiscuss the organization theory, the theory of the firm and ascertainthe questions in firm`s revised theory in decision making regarding,decision strategies, organizational objectives and decision making inthe policy. Finally, the authors are concerned with the organizationin making a decision and not how to do so. The only way to talk aboutone group is through an individual coalition with varying preference.In many times, the vague goals get the group agreement when thethings get more certain. Different people in an organization make thediverse demand. The employee requires changes with time and regardingdaily experiences. Thenature of employee demands changes over time and with day-to-dayexperiences (Shafritz,Ott & Jang, 2015).
Shafritz,J., Ott, J., & Jang, Y. (2015). Classicsof organization theory.Cengage Learning