Internal And External Theories Of Organizational Behavior

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Introduction to the People &Organization 3.1 Organization Organization Behavior Organizational behavior is the study of both group and individual performance and movement within an association. Internal and external perception is two theories of how organizational behavior can be viewed by companies. Why do people behave a persuaded way in an organizational environment? What factors affect job performance, employee relations, job assurance, leadership and managerial styles? This area of study examines human behavior in a work environment and determines its impact on job structure, performance, communication, motivation, leadership, etc. Internal and external perspectives are two theories of how organizational behavior can be viewed by companies.(OB,…show more content…
Lanka Tiles PLC is a subsidiary of Lanka Wall Tiles PLC, which is itself a subsidiary of Lanka Ceramic PLC. Lanka Tiles PLC functions both in the domestic market and in the international market. The Domestic Market mainly encompasses of Household customers and Project customers and both are tuned by Lanka Tiles PLC. Lanka Tiles PLC has a market share of 23% in the domestic market. In the global market Lanka Tiles PLC has been exporting floor tiles for more than 20 years to competitive markets such as Australia, New Zealand, USA, Japan, India, Maldives, Pakistan, Singapore, Canada and the UAE. The Company operates an ultra-modern factory at Ranala, spread over 30 acres, equipped with the latest technology and staffed with highly skilled engineers and technicians Vision “To be a leading producer of Wall and Floor coverings and related products for the local and international markets.” Mission “The production and marketing of exceptional quality products at optimum…show more content…
Thus PBT declined by 34% year on year from Rs. 297 Million in the preceding year to Rs. 194 Million for the current year. 3.3.2 Company Performance LWPLC recorded a 13% YoY revenue growth which converted as Rs. 2.6 Bn as at 31st March 2014. Nevertheless, due in large part to lesser margins for products due to rigid competition in the market and a relative increase in finance costs for the year, the company’s PAT showed a 23% decline from Rs. 251 Mn in the previous year to Rs. 194 Mn as at the end of the current financial year. 3.3.3 Shareholder Value While the total number of shares issued leftover unchanged, throughout the year the Company’s performance was consistent with market performance in the stock market, considering the healthy trading volumes. This was a commendable success given the uninspiring trading environment that sustained for much of the year. LWPLC’s price per share closed at Rs 61.50 as at 31st March 2014, with the highest price per share of Rs.75.40 recorded on 10th May 2013 and the lowest price per share of Rs.52.10 on 13th December

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