Organizational Theory Essentials for the Major Field Exam for MBAs

This tool set will examine: organizational change & development; organizational structure; systems thinking; and entrepreneurship.

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    OT - Entrepreneurship

    In political economics, entrepreneurship is a process of identifying and starting a business venture, sourcing and organizing the required resources and taking both the risks and rewards associated with the venture. "Entrepreneurship" may result in new organizations or revitalize mature organizations in response to a perceived business opportunity.

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    OT - Organizational structure

    An organizational structure activities such as task allocation, coordination and supervision, which are directed towards the achievement of organizational aims. It can also be considered as the viewing glass or perspective through which individuals see their organization and its environment. An organization can be structured in many different ways, depending on their objectives.

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    Organizational Theory Overview

    Organizational theory is the sociological study of formal social organizations, such as businesses and bureaucracies, and their interrelationship with the environment in which they operate. It complements the studies of organizational behavior and human resource studies.

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    OT - Organization development

    Organization development ( OD) is a deliberately planned, organization-wide effort to increase an organization's effectiveness and/or efficiency. OD theorists and practitioners define it in various ways. Its multiplicity of definition reflects the complexity of the discipline and is responsible for its lack of understanding.

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