Freeport-McMoRan (FCX) has lost half of its market value so far this year, but the stock has made a comeback in the past couple of months, gaining more than 42% since the end of August. However, this impressive run might come to an end due to the company’s weak third-quarter results that were released last Thursday. In addition, the weakness in the copper market is expected to continue, at least in the short run, and this will have a negative impact on Freeport. Let’s take a look at the reasons why Freeport might face weakness in the near-term, and what steps the company is undertaking to overcome them. The copper market outlook is weak The copper market has been under pressure over the past year as evident from the chart given below: Source Looking ahead, the
Tesco provides opportunities for its managers and employees to require a share and a bigger interest in their own employment. Since each worker is a personal, with completely different desires and aspirations, the method of reviews and private development plans permits recognition of their talents and action, similarly as potential development. This advantages the individual by providing career progression. It conjointly advantages Tesco by guaranteeing the business will deliver high levels of client service through its skillful
The management of the corporations would be impacted by the power and status that each rank possess. As a result, the workers would be able to distinguish the positon held by each individual as well as being knowledge about the procedures and standards required by them. 2. “…the requirement of the firmly prescribed course of training, which demands the entire capacity for work for a long period of time, and in the generally prescribed and special examinations which are prerequisites of employment. Furthermore, the position of the official is in the nature of a duty” (p.80).
Another idea that additionally delivers to this research is the Campbell 's Model of Job Performance. According to John P. Campbell, job performance as an individual-level variable, or something an individual does. This separates it from all the more all-encompassing changes, for example, organizational performance or national performance, which are higher amount variables. He characterizes performance as behavior. It is something done by the worker.
Before further discussing on the issue of skill mismatch in the labor market, it will be more appropriate to discuss on the definition of skill mismatch itself. Skill mismatch can be define as a situation where the skills acquired by the workers is not the same as what the employers required. Because of the differences in what the workers has and what the employer need, mismatch of skill happens. John Sutherland (2012) stated that the possibility of mismatch between skills possess by employee and
As we try to analyze the working behaviour of individuals we understand that in a working environment we deal with various personalities and needs. Each person may categorize money in a different position as far as his priorities are concerned in his personal hierarchy of needs. Therefore, we can assume that motive constitutes a complex equation between employers and employees. Motivation is a process that provides direction to a person in order to achieve a goal that covers his needs through creating and maintaining a goal guided behaviour (Mukherjee, 2009, p.148). Nevertheless, behaviour is not only influenced by incentives but also from variables such as individual skills, knowledge, feelings and beliefs (Werner and DeSimone, 2009, p.55).
Task performance refers to the outcome of individual works, the results directly linked to tasks allocated or anticipated by the organization. The judging measure of task performance is the prerequisite of the official role of the individual. Conditional performance is a broader concept, and does not directly support the significant technique of the organization, but sustain more general organizational and social environment. Based on the previous researches and a critical review of literature, the theoretical model for the present research was developed. It takes into account the various work related stress factors and their effect on job performance of the individuals.
MakeMyTrip is currently operating in India, Malaysia, Singapore, Thailand, the UK, the UAE, and the US. It is headquartered in Gurgaon, India and employs around 1,600 people. The company reported revenues of $228.8 million in the fiscal year ended March 2013 which was an increase of 16.4% over 2012. The company incurred an operating loss of $18.1 million in fiscal 2013, as compared to an operating profit of $4 million in 2012. There was a net loss of $27.6 million in fiscal 2013, as compared to the net profit of $7.2 million in 2012.
In addition to the factors disused, health and safety regulations, and codes of practices are other external factors influencing task operations and productivity. In the internal category, management inadequacies could result in a waste of resources with consequent losses in productivity; adoption of modern technology and training for the laborer would increase productivity. (Thomas and Sakarcan 1994) Built an ideal to describe the factors affecting labor productivity. In the model, two groups of factors determine the productivity performance, work environment, and task to perform. Work-environment factors refer to how well a job is organized and accomplished.