Difference between revisions of "Resource Dependence Theory"
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'''Resource Dependence Theory''' is based on the principle that an organization, such as a business firm, must engage in transactions with other actors and organizations in its environment in order to acquire resources. Although such transactions may be advantageous, they may also create dependencies that are not. Resources that the organization needs may be scarce, not always readily obtainable, or under the control of uncooperative actors. The resulting unequal exchanges generate differences in power, authority, and access to further resources. To avoid such dependencies, organizations develop strategies (as well as internal structures) designed to enhance their bargaining position in resource-related transactions. Such strategies include taking political action, increasing the organization’s scale of production, diversifying, and developing links to other organizations. Strategies such as diversifying product lines may lessen a firm’s dependence on other businesses and improve its power and leverage.<ref>Defining Resource Dependence Theory [https://www.britannica.com/topic/resource-dependency-theory Britannica]</ref> | '''Resource Dependence Theory''' is based on the principle that an organization, such as a business firm, must engage in transactions with other actors and organizations in its environment in order to acquire resources. Although such transactions may be advantageous, they may also create dependencies that are not. Resources that the organization needs may be scarce, not always readily obtainable, or under the control of uncooperative actors. The resulting unequal exchanges generate differences in power, authority, and access to further resources. To avoid such dependencies, organizations develop strategies (as well as internal structures) designed to enhance their bargaining position in resource-related transactions. Such strategies include taking political action, increasing the organization’s scale of production, diversifying, and developing links to other organizations. Strategies such as diversifying product lines may lessen a firm’s dependence on other businesses and improve its power and leverage.<ref>Defining Resource Dependence Theory [https://www.britannica.com/topic/resource-dependency-theory Britannica]</ref> | ||
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| + | == See Also == | ||
| + | *[[IT Strategy (Information Technology Strategy)]] | ||
| + | *[[IT Governance]] | ||
| + | *[[Enterprise Architecture]] | ||
| + | *[[Chief Information Officer (CIO)]] | ||
| + | *[[IT Sourcing (Information Technology Sourcing)]] | ||
| + | *[[IT Operations (Information Technology Operations)]] | ||
| + | *[[E-Strategy]] | ||
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| + | == References == | ||
| + | <references /> | ||
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| + | == Popular Articles == | ||
| + | <div style="column-count:4;-moz-column-count:4;-webkit-column-count:4"> | ||
| + | *[[Personnel Management]] | ||
| + | *[[Architecture Development Method (ADM)]] | ||
| + | *[[IT Operating Model]] | ||
| + | *[[Strategic Intent]] | ||
| + | *[[Data Governance]] | ||
| + | *[[Business Capability]] | ||
| + | *[[IT Strategic Plan (Information Technology Strategic Plan)]] | ||
| + | *[[IT Ecosystem]] | ||
| + | *[[Information Technology (IT)]] | ||
| + | *[[International Accounting Standards Board (IASB)]] | ||
| + | *[[Economic Value Added (EVA)]] | ||
| + | *[[Strategic Business Unit]] | ||
| + | *[[Business Process Architecture]] | ||
| + | *[[Configuration Item (CI)]] | ||
| + | *[[IT Operations Management (ITOM)]] | ||
| + | *[[Organizational Goals]] | ||
| + | *[[Business Process Engineering (BPE)]] | ||
| + | </div> | ||
Latest revision as of 15:28, 12 March 2024
Resource Dependence Theory is based on the principle that an organization, such as a business firm, must engage in transactions with other actors and organizations in its environment in order to acquire resources. Although such transactions may be advantageous, they may also create dependencies that are not. Resources that the organization needs may be scarce, not always readily obtainable, or under the control of uncooperative actors. The resulting unequal exchanges generate differences in power, authority, and access to further resources. To avoid such dependencies, organizations develop strategies (as well as internal structures) designed to enhance their bargaining position in resource-related transactions. Such strategies include taking political action, increasing the organization’s scale of production, diversifying, and developing links to other organizations. Strategies such as diversifying product lines may lessen a firm’s dependence on other businesses and improve its power and leverage.[1]
See Also
- IT Strategy (Information Technology Strategy)
- IT Governance
- Enterprise Architecture
- Chief Information Officer (CIO)
- IT Sourcing (Information Technology Sourcing)
- IT Operations (Information Technology Operations)
- E-Strategy
References
- ↑ Defining Resource Dependence Theory Britannica
Popular Articles
- Personnel Management
- Architecture Development Method (ADM)
- IT Operating Model
- Strategic Intent
- Data Governance
- Business Capability
- IT Strategic Plan (Information Technology Strategic Plan)
- IT Ecosystem
- Information Technology (IT)
- International Accounting Standards Board (IASB)
- Economic Value Added (EVA)
- Strategic Business Unit
- Business Process Architecture
- Configuration Item (CI)
- IT Operations Management (ITOM)
- Organizational Goals
- Business Process Engineering (BPE)