Organization Development Essay Example | Topics and Well Written Essays - 2000 words - 2

Organization Development - Essay Example Referring to the overall impact that individuals, groups and structures have on the behavior of the organizations, Organization behavior is what will eventually determine the direction that any organization takes in terms of ‘development’. There are various schools of thought that revolve around the terminology of OD, but a single comprehensive definition by for Organization Development can only be achieved if we incorporate the behavior, people and processes of an organization through one expression. OD can be defined as â€Å"The manner in which a company would grow over a certain period of time, as influenced by the individual and group culture within the body of the organization, and the interactions between different members. This growth pattern has to be adopted at all levels and it shows the extent to which an Organization can readily adapt to change and simultaneously, gain maximum advantage to meet its objectives†. Through this definition we can understand the end objective of OD as well as the tools and resources which will impact the process. More analysis of the expression tell the reader what will be the benefits for an organization which can make the most effective use of OD in a the most efficient manner. Companies with a robust OD framework in place will be better equipped to manage change and turn external opportunities into advantages for growth. The definitions and the field of OD have been discussed by experts with the help of suitable techniques and theories from applied behavioral sciences and related field. However, the definitions given initially have evolved and changed with the times to meet the requirements of changing nature of organizations. Once considered to be static, structured entities, organizations are now seen as being dynamic, flexible and able to rapidly adapt to changing environments. The explanations given for OD reflect

International Trade Theory Essay Example | Topics and Well Written Essays - 500 words

International Trade Theory - Essay Example 235). This novel trade theory has two significant implications. First, on account of the impact of trade on economies, it can enhance the choice of goods available to consumers, while reducing their cost. Second, if the production required for achieving economies of scale is of the order of the global demand, then only a few enterprises will obtain support (Hill & Jain, 2008, p. 235). Consequently, global trade in some commodities could possibly the preserve of the firms who had initially taken the initiative. There are a number of models that relate to international trade, and these models are dealt with in International Trade Theory. The principal objective of these theories is to explain the various ideas that pertain to the transfer of goods and services, across the world. Although, these theories have changed over time, the fundamental principle underlying international trade is more or less similar to the principle, on which domestic trade is founded (International Trade Theory and Policy). In essence, the chief purpose of trade is to maximize profits for the entities involved in the exchange of goods and services. A number of forms are assumed by the economic integration of countries. Some of these are preferential tariffs, customs unions, free – trade associations, common markets, economic unions and complete economic integration. Nations belonging to a specific system of preferential tariffs, levy a higher rate of duty on imports on countries that do not belong to their group. This was evident among the Commonwealth countries, which had established a system of common tariff preferences, subsequent to the year 1919 (Allais, Balassa, Bertrand, Robinson, & Wonnacott, 2011). Unique solutions to economic problems are not possible, as long as competition and trade occur in an environment that is imperfect from the economic perspective. The result of economic endeavors becomes dependent on the behavior of the