In: Psychology
How does the theory of resource dependence relate to the case of the smithsonian institution and the catherine b. reynolds foundation?
According to the resource dependency theory resources take many shapes or forms, such as raw materials, workers, and even funding. A company will become dependent on another company due to the need for resources, for operation, creating a symbiotic relationship. Too much dependency leads to uncertainty, leaving organizations subject to the risk of external control. External control may be imposed by the government or other organizations leading to a significant effect on operations, such as funding or personnel policies. The theory of resource dependence relates to the case of the Smithsonian Institution and the Catherine b. Reynolds foundation as the controversy caused by this case highlights a difference in philosophy about the meaning of history and the purpose of museums. It brings to light the question of who should control the content of museum exhibits, professional historians and museum curators, or donors. It highlights the characteristics of an institution and its traditional sources of support may determine how it interacts with its external environment.