What Neoclassical theory/ approach considers the impact and influence of the environment to the organization? Choose the best answer.Open Systems TheoryModern TheorySocio-technical approachSystem Approach
Question
What Neoclassical theory/ approach considers the impact and influence of the environment to the organization? Choose the best answer.Open Systems TheoryModern TheorySocio-technical approachSystem Approach
Solution
The Open Systems Theory is the neoclassical theory/approach that considers the impact and influence of the environment to the organization. This theory views an organization as an entity that takes in inputs (resources) from the environment, transforms them into outputs (products/services), and sends them back into the environment. The organization is dependent on the environment for its survival and it has to interact and adapt to changes in the environment.
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