VIEWS: 12 PAGES: 3 CATEGORY: Science & Technology POSTED ON: 5/25/2010
The just-in-time approach saves the Department of Defense time and money (warehousing costs in particular) and reduces waste by ensuring that products do not sit on shelves so long that they become stale or obsolete.3 Resource Dependency Theory The resource dependency theory is an opensystems theory, which means that the theory views organizations as complex entities that interact with their environments rather than operate independently from outside factors. Resources are controlled by the physical, political, and social environments and can be raw materials, labor, capital, equipment, knowledge, and commercial markets for goods and services.4 An organization works toward two related objectives: controlling resources to minimize its dependence on other organizations and controlling resources to maximize other organizations' dependence on those resources.
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