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Offers in-depth exploration of specific areas within financial management, providing advanced knowledge and strategies for effective decision-making in finance.
An international bond guaranteed by an international consortium of banks.
Through planning and monitoring of employee work results, __________________________ are designed to ensure employees acquire pertinent skills and qualities required for working at higher levels.
Customers who complain want----
________________ is a major trend, developing progression events that will affect strategy.
The stock resulting from the assessment of an all-time requirement and delivery of an all-time order.
______________ is the process of seeking information about relationships and events in the external environment.
4. The weighted average of an expected return from individual assets in the portfolio.
What is the purpose of your warm clothes?
Most important human resource management laws and regulations, except one
The primary measure of system performance relating to the expected percentage of the supported system that will be available at a random point in time and not out of service for lack of spares.
Human Resource acquisition is synonymous to __________________________
This is an organized effort to gather information about markets or customers.
Which is an example of stakeholders?
During order picking, the percentage of orders or lines for which 100% completion was achieved from the primary location or picking face.
Considering the balanced scorecard, the perspective in which performance of organization includes
The sum of the physical stock of a particular product and the quantity of that product ordered for a particular period, but not yet received.
What is the most important issue to understand when selling or buying a bike?
In general, if the level of investment risk increases the possible returns on investment also goes up.
Sources of Applicants:
Dividend policy are finally approved by the
Which step is why company or organization exist?
An item that, according to an ABC classification, belongs to a small group of products that represents around 75-80% of the annual demand, usage or production volume, in monetary terms, but only some 15-20% of the inventory items.
Stock split will lower the par value of outstanding equity shares.
A distinct, separate and manageable group of products that are perceived by consumers to be interrelated.
Beta coefficient is a measure of volatility.
_____________ is the process organization use to get knowledge and information so they can analyze the information and make decisions to match or fit the organization with external environment the best way possible.
The risk that securities cannot be converted quickly to cash is called
Labor Code was enacted on Labor day of 1974 by ______________________________
Which one of the following statements is true?
Which of the following statements is false
Manpower development is typically a part of the organization's marketing strategy and aims to maximize human capital potential so as to attain strategic business objectives.
Which level is the lowest level of strategy?
Recruitment, placement and retirement, employee-employer relationship/labor relations, working environment, compensation, and health and safety imposed legal implication to the organization. Hence, organizations need not to be compliant with all the labor law provisions enacted and made by the government.
Given the following exchange rates: US$ to Swiss franc = 1.0066; US$ to Canadian $ = 1.3269. the Swiss Franc-Canadian $ exchange rate is
ABC Corporation’s beta is 1.6; the current rate of return on securities is 12%, estimated return of market portfolio yields 14%.
A BC Corp.‘s proposed project with an estimated life of 20 years and salvage value of P100,000 requires an initial investment of P 1,000,000. It will yield yearly cash inflow of P100, 000. Straight line method will be used.
The exchange rate in the spot exchange market that is also called quantity quotation.
The optimal capital structure is the combination of debt and equity that maximizes the firm's market value and minimizes its weighted average cost of capital at the same time.
_______________ is a condition or pressure that if it continues will have significant effect on the firms.
The ordinary equity share valuation model that assumes that dividends grow at a constant rate each period is the _____.
Recruitment Process:
Disposable income, taxes, imports, stock market, government policies, and cost of living are all - ____________ issues.
Which environment is population shifts, economic growth, environment, sweat shops, and child labor?
The stock of goods held by an external customer which is still the property of the supplier but for which payment is only made when stock is sold or used by the customer.
Another term for deferred payment plan.
Market value weights are historical weights used in computing the weighted average cost of capital that determined the actual proportion of each kind of permanent capital in the structure based on the values given in the Balance Sheet.
It is the variability of returns of the portfolio as a whole.
A project proposal with a 5 years life requires a new capital equipment worth P 2,000,000. It also requires an additional initial investment of P250,000, 60% of which is financed by trade credit. The new equipment has a useful life of 5 years, no salvage value and will be depreciated using the straight line method. The new equipment will result to an annual increase in sales of P800,000; increase in operating expenses of P 350,000 per year. Income tax rate is 32%.
Little things such as taking pride in your work, smiling, being alert and aware, and not being afraid to ask can all influence the service you give to the customers.
Book I of The Philippine Labor Code - Pre-Employment give comprehensive discussion on labor organization, collective bargaining, agreements, grievance machinery and voluntary arbitration.
Which force is about buying in large volumes at one time, product/service buy with low/no differentiation, buyers face low/no switching cost, earn low profits, and credible threat of backward vertical integration?
Among manpower development's functions is to oversee the development of human expertise in the organization to improve productivity and efficiency.
_____________ are the most recent statistical characteristics of a population; it includes: age, gender, income, education, e.g.
The expected return-beta relationship of the CAPM is represented by a Capital market line.
The quantity of output produced is divided by quantity of used input to calculate
Provisions about wages including prohibitions regarding wages and working conditions for special groups of employees such as employment of women, minors, house helpers, and home workers are also included.
1. Probability distribution based on past results of similar events.
It is the simultaneous buying and selling of an asset to profit from a difference in the price.
A kind of divestiture which involves the separation of a subsidiary from its parent company without changing its equity ownership
Which one of the following is a “lag” performance indicator?
The dividends of ordinary shares of LMN Corporation have been experiencing an annual growth rate of 10%. The present dividend per share is P 1.20. The investor is requiring a 15% rate of return. Required: Calculate the current value of LMN’s 200 ordinary shares under each of the following independent conditions.
It is a graphical representation of possible solutions to a decision based on certain conditions.
A way to execute transactions and share information with other businesses, consumers or with government by using computer and telecommunication networks, including the Internet.
It is a process that seeks to optimize an organization's usage of its human resources.
A product which according to an ABC classification belongs to the 60-65% of inventory that represents only around 10-15% the annual demand, usage or production value.
The rate of demand for items, and the associated inventory costs, are assumed to be known with assurance and the replenishment lead time is assumed to be constant and independent of demand.
Individual securities are plotted in the SML and if a security is plotted below the SML, it is overvalued and the investor should expect a lower return for the assumed risk.
It is also called the Bird-in-the hand theory.
The traditional approach to capital structure proposes that a firm can lower its weighted average cost of capital and decrease its market value with the use of financial leverage.
Financial break-even point is the earnings before interest and taxes level at which after paying interest on bonds, dividends on preferred shares, and income taxes, nothing is left for ordinary equity shareholders.
HR is bigger than just hiring and payroll – the main responsibilities of HR include protecting the employees and the employer. Protection occurs in a number of ways, including those that intersect with traditional HR responsibilities like managing benefits and practicing ethical and legal hiring and management practices.
______________ is a group or a person who has stake or claim in how the company operates and can be affected by the company.
If the optimistic scenario has a high positive net present value and it seems to be difficult to assume that it can certainly happen, it is safer to choose the most likely scenario that has a lesser positive net present value.
The process of comparing performance against the practices of other leading companies for the purpose of improving performance.
A part or product that has been reserved, but not yet withdrawn or issued from stock, and is thus not available for other purposes.
A company is planning to invest in new machinery with a purchase price of P1, 300,000. Installation cost is P200, 000. The new machine will contribute to the cash inflow of P500, 000 annually. The machine has an estimated useful life of 10 years, no salvage value. The company is expecting a 22% return on all of its investment. The present value rate is 4.49409.
Why is great customer service important?
A support arrangement similar to Vendor Managed Inventory but where replacement orders for the vendor-owned stock are agreed by the user prior to delivery.
An initiative driven by retailers to drive out transportation costs and to improve the efficiency within the primary segment of the supply chain.
When dealing with a customer who is vague, is it better to be patient with them while trying to bring them back to the issue?
Research suggests that a firm with greater multi-market contact is ___________ likely to initiate and attack, and ____________ likely to respond aggressively when attacked.
Which is not a market structure?
The following statements regarding beta coefficient are true except
Preferred shares are also rated like bonds that is why, some investors consider them to be more like debt than equity.
Which environment is competitors, suppliers, customers, stockholders, micro, porters model, unions, local community, and general public?
Often the first stage in outsourcing which involves a summary of the requirements being distributed to potential suppliers of goods and/or services.
Which level is about business units?
Firms with few competitive resources are less likely to delay responding to competitive actions.
A listing of components, parts, and other items needed to manufacture a product, showing the quantity of each required to produce each end item.
Capital asset pricing model calculates the expected return on asset based on its beta and the expected market return.
A system where products for store orders are not put away into the warehouse racking for later picking but are processed into store orders on arrival at the RDC.
If an organization is changing in small increments, the rate/speed is slow.
One of the basic principles of risk management identified by ISO is that it should be used to handle certainty.
The date the company distributes its dividend checks to the shareholders on record.
Initial cash outflow
Another name for general external environment is?
A complaining customer is?
________________ relates to the gains or losses a firm will experience if it attacks a rival or responds to an attack by a rival.
Which force is about few suppliers can exert power over price, no substitutes, sell to a number of diverse industries, crucial element, and credible threat of forward integration?
When dealing with aggressive customer, which of the following will help?
Most upset customers will calm down if you offer a sincere apology.
It is the possibility that an event will happen.
A warehouse that is the sole stocking point for the distribution system that it serves.
If the conditional probability of each event equals its unconditional probability, the two events are __.
Simpliest frm of ‘what if” analysis
A company’s ordinary share sells at P 35 and has an expected annual dividend of P1.60. Expected future dividend growth rate is 5% per year. Its current risk free rate is 4% and the expected return on the market is 10%. The share has a beta of 1.4. What is the cost of equity?
In fixed order interval systems, the interval between orders that will minimize the total inventory cost, under a given set of circumstances, obtained by trade off analysis between the cost of placing an order and the cost of holding stock
The CAPM describes the relationship between the unsystematic risk and the expected return for assets.
Currency fluctuations, political risk, trade risk, global issues, culture issues, terrorism, and climate/weather are _____________.
They are the decision makers who are willing to pay more than the expected value of an investment.
You invest P6, 000 in security X with a beta of 1.2 and P4, 000 in security Y with a beta of 0.90. The beta of the resulting portfolio is
The uncommitted portion of a company’s inventory and planned production, maintained in the master schedule to support customer order promising.
When you answer a call, and the customer really needs to resolve the issue with another department, it's your responsibility to make sure the customer reaches someone who can help.
An intermediate group, representing around 5-10% of the annual demand, usage or production value but some 20-25% of the total, that is paid less management attention.
A sub-set of a market made up of people or organization with one or more characteristics that cause them to demand similar product/and or services.
___________________________ is a complex process of choosing the best among the best interested individuals to the job, therefore it requires thorough assessment and wise decision coming from the recruiter to choose who among the applicants are best qualified.
There is no direct cost associated with retained earnings.
The Modigliani and Miller (MM) approach to capital structure with corporate taxes states that the use of financial leverage lowers the company’s cost of capital and raises the firm’s value because interest in debt is not tax deductible.
It is the kind of merger that combines two companies producing non-related products and has no common market.
What types of changes face organizations?
The difference between the selling price and the variable cost is called
Developing a new product is an example of a preference capital investment decision.
A positive net present value would mean that the investment proposal should be accepted.
Which piece of gear is the most effective way to prevent a life-threatening injury when riding a bike?
The changes brought about by the shift in political climate includes..
How many different levels of strategy are there?
“Company A + Company B = Company A” is an example of what type of business combination?
In which force is there economies of scale, capital requirements, switching cost, access of distribution channels, coast advantages and government policy?
ABC Corporation has an outstanding preferred share in which it pays an annual cash dividend of P14.30. The shareholders’ required rate of return on preferred shares is 13%. How much is the intrinsic value of the preferred share?
It requires an integrated approach that addresses multidimensional aspects of employees, ranging from enhancing technical and interpersonal skills to creative thinking and leadership
Customer demand for which no stock is available and where the customer is prepared to wait for the item to arrive in stock.
The Security Market Line (SML) is
Which bike looks similar to a a road bike?
A company issued a 15-year bonds with par value of P1,000 each bond. The coupon rate is 14%. The investors’ required rate of return is 10%. Required: Compute for the interest that the company pays annually on each bond.
It stands as the law governing employment practices and labor relations in the Philippines.
_________________ is a group of firms within the industry following a same or similar strategy.
This refers to the decision processes and acts of people involved in buying and using products.
Asset liquidity pertains to an easy conversion of company’s assets into cash in the event of unexpected substantial need for additional cash flow.
XYZ Corporation plans to produce and sell Products A and B. Both products will be manufactured using the same plant. The total Fixed costs per year will remain the same at P380,000. Each product will be sold at P120 each. Variable cost is 60%. The demand for Product A is 10,000and Product B is 15,000 with a probability of 80% and 60%, respectively.
Declaration of stock dividends will change the total stockholders' equity.
When dealing with customers, you should not:
Sustained increase in the price level of nearly all commodities
The strategic management process is static.
Drag the word/phrase that corresponds to the statements below.Answers can be used more than once
Relative to number 4 above, the Canadian$ -Swiss Franc exchange rate is
The deduction from inventory, after manufacture, of the component parts used in a parent by exploding the bill of materials by the production total of parents produced.
Historical costs have no effect on the future capital investment options.
It means apportioning with a third party the burden of loss or benefits from risk.
In probability of two events, if one event will occur given that the other has occurred already , it is termed
Multi-market competition occurs when firms compete against each other in several products or geographic markets.
The last order for a particular product in the last phase of its life cycle.
An objective statement is ______________.
Who is the ultimate boss at retail concepts?
_______________ is a supply equals demand as a equilibrium.
Capital components include bonds, preferred shares, ordinary shares, and retained earnings.
The planned elimination of large numbers of personnel designed to enhance organizational effectiveness.
On June 30, 2016, ABC Company entered into a lease agreement for an office building for 30 years with an annual lease payment of P200,000. On July 1, 2016, the present value of the lease payments at 12% interest is P1,611,000. How much is the lease liability as of June 30,2017?
Labor code prescribe the following rules, except one:
A portfolio beta of greater than 1 indicates greater instability and less than 1 beta means less volatility.
_______________ is based on product or service differentiation.
What can affect how a rider rides and how much power can be delivered to the pedals?
_____is the interest rate that determines the amount of interest to be paid by the issuer and to be received by the bondholder each year.
The management of groups of products that are interchangeable, or substitute, in meeting consumer needs as opposed to the traditional concentration on individual products and brands.
A new process will be applied by ABC Corporation in manufacturing their products. Based on their study, the new process will yield savings on raw materials of P 150,000 per year; in labor by P 40,000, and in factory overhead by P25,000. The company’s depreciation will increase by P20,000. Corporate tax rate is 32%.
Payment of cash dividend will reduce the retained earnings at the same time will lower the company's most liquid asset.
_______________ is where there is only one player.
Dividends should not be made out of the capital of the firm is what legal requirements rule?
In graphing the security market line, the risk is plotted on the x-axis and the expected return on the y-axis and from the SML slope, the market risk premium is defined.
Which shoes are for runners who generally have a low or flat arch and are moderate to severe over-pronators. These shoes employ extra support devices on the medial side to slow excessive pronation.
In what level of strategy of marketing, accounting, hr, and finance in?
Decision-making under __ means that for each decision action there is only one event and only a single outcome for each action.
The key driver of a political climate includes and limited ONLY to internal factors.
Following are the proponents of the Dividend Relevance theories except
According to the Capital Asset Pricing Model, a well-diversified portfolio's rate of return is a function of
If threat of entry is low, rivalry of competitors is low, bargaining power of buyers is low and bargaining power of suppliers is low, the market attractiveness is?
Recruitment Process: 1. Formulating recruitment strategy 2. Searching for job applicants 3. Screening applicants 4. Maintaining pool of applicants
The stock available to service immediate demand.
It deals with the recruitment and placement of workers to promote and maintain a state full of employment through improved man power training, allocation, and utilization including regulating the employment of aliens, and the establishment of registration and/or work permit systems, and to ensure careful selection of Filipino workers for overseas employment in order to protect the good name of the Philippine abroad
An issue that is about trends, culture, and values.
This refers to the sense of regret after having made a purchase.
Debenture bonds are bonds backed up by ____-of the bond issuer.
The contemporary approach to capital structure management recognizes tax effects, bankruptcy costs and agency cost.
Which step of the process model is about consumers?
It is the arrangement of probabilities related with the values of a variable that can assume a limited or determinate number of outcomes.
RST Corporation ‘s EBIT for 2016 amounted to P200,000. The company’scapital structure consists of 100, 15%, P5,000par value bonds; 1,00012% preferred shares, P100 par value; and 2,000 P50 ordinary shares, P50 par value. Retained Earnings account has a balance of P 125,000 as of December 31, 2016. Forty percent of earnings after interest and taxes (corporate tax rate - 32%) will be retained in the business.
What kind of fabric absorbs very little water and can melt easily?
A market-based move that is taken to fine-tune a strategy, usually involves fewer resource and is relatively easy to implement and reverse.
The example of direct engineered cost is
Raw material, ingredient, part, or sub-assembly that goes into a higher level assembly, compound, or other part.
It is the practice or activity carried on by the organization with the primary purpose of identifying and attracting potential employees. It thus creates a buffer between planning and actual selection of new employees.
A tactic to resist unfriendly mergers where the target corporation may retaliate with a tender offer to acquire the business of the tender offeror.
Vertical merger is a case of combining two companies who are competitors in the same industry.
Where the projected cost of repair, normally for a repairable or rotable item, exceeds a management set percentage of the replacement value of the item concerned.
The Labor Code contains several provisions which are beneficial to labor, except one
Both ________________ and ________________ affect the awareness and motivation of a firm to undertake actions and responses.
An approach in purchasing another firm where the acquiring firm can have a surprise takeover of the target firm without communication the latter’s management
In strategy formulation, the forces that must be focused for industry analysis includes
It is also called the law of one price.
The following is very important in how running shoes should fit except which one?
This can be valuable in providing digital knowledge about what is in a shipment in a way that it can be used to eliminate manual data entry of each shipment.
The most logical and reliable tool in valuing a merger.
The following are given for the two stocks of XYZ Co.
The net present value method is one popular capital budgeting models wherein the cash flows are discounted at the company's cost of capital.
Preference capital investment decision
These are internationally accepted commercial terms defining the respective roles of the buyer and seller in the arrangement of transportation and other responsibilities and clarify when the ownership of the merchandise takes place.
The expected return - beta relationship of the CAPM is graphically represented by the
It is the amount that a firm is willing to pay in exchange for the errorless advice from a market analyst.
It is described as using combined inputs from two firms to produce multiple products.
A security is undervalued if it is plotted below the Security Market Line.
The classification of inventory, after ABC analysis, into three basic groups for the purpose of stock control and planning.
Business Risk is the possibility that shareholders will lose their investment in a company with debt, if the cash flows will not be sufficient to meet its financial obligations.
Balanced Scorecard can act as powerful
One variable change on many values is allowed in simulation analysis.
Which environment is strategies, management, employees, product, or services?
Investments in security A with a beta of 1.6 and in security B with a beta of 0.7 was made on a 50:50 basis. The portfolio beta is
A form of Pareto analysis applied to a group of products in order to apply selective inventory management controls.
Which of the following does not contribute to the image you project?
These covers the impact of political institutions on human resource department. All actions and activities of HR are affected by these factors.
Under the pessimistic scenario, the minimum set present value of a project is shown and the least favorable value is assigned to each variable.
Inventory accumulated between dependent activities in the goods flow to reduce the need for completely synchronized operations.
A classification used in inventory control where the demand for one item has a direct mathematical relationship with the demand for another higher level or parent component and where the demand for that item is ultimately dependent on the demand for the higher level or parent item.
Beta
Customers who complain:
Unique risk is a function of a well-diversified portfolio per CAPM.
3. Difference between the highest and the lowest possible outcome.
It covers the major labor laws, the role/functions of the National Labor Relations Commission (NLRC), National Conciliation and Mediation Board (NCMB), and Bureau of Labor Relations (BLR). It give comprehensive discussion on labor organization, collective bargaining, agreements, grievance machinery and voluntary arbitration.
Independent capital investment decision
Intensified rivalry within an industry results in increased average profitability across the industry.
Training as a method in manpower development is one of the HRD techniques that works hand-in-hand with performance appraisals and makes the development process more like a cycle.
Stock repurchase pertains to treasury shares.
Customers are easily satisfied if their expectations are effectively managed.
Inventory held in order to be able to satisfy a demand with seasonal fluctuations with a production level that does not fluctuate at all or that varies to a lesser extent than the demand.
Which method of attaching skate boots securely to the foot which is not as quick and easy to use and may not provide adequate support for a beginner?
A company has a net investment of P500, 000 for one of its project and an annual cash flow of P80, 000, estimated life of the project is 5 years.
ABS Corporation pays ordinary shareholders P 6 cash dividend at the end of every year indefinitely into the future. The ordinary shareholders’ required rate of return is 12%. What is the value of the ordinary share?
The example of learning and growth perspective in balanced scorecard is
The cost of current ordinary shares and retained earnings are the same but the cost of the new ordinary shares and retained earnings are not equal.
The main goal of employee training is to increase competence in each employee's role, it also serves as a way to develop your organization as a whole in terms of making employees more engaged, productive and motivated.
A code used to identify the specific production point, for a product or an assembly, in a manufacturing or assembly process.
In the strategic management process, how many steps are there?
Stock split resulted to the following except
The attempts to determine the supply of and demand for various types of human resources to predict areas within the organization where there will be future labor shortage s or surpluses
ABC Corporation is considering buying a new plant for its expansion program. The plant costs P 10,000,000 and would require additional P 3,500,000 investment in operating working capital.
In terms of the product life cycle, the correct layout is introduction, growth, stake-out, maturity, and decline.
ABC Corporation’s beta is 1.6; the current rate of return on securities is 12%, estimated return of market portfolio yields14%.
What process is about checking if the strategy is working?
Calculating the weighted average cost of capital is the most widely used method of approximating the cost of ordinary shares.
It is the price of a nation's currency in terms of another currency.
Earnings per share are zero at financial break-even point.
_____________is when there are few major players.
balanced Scorecard measures with benchmark for performance in
It is the standard measure of the risk per unit of return.
Traditional and MM approaches or theories have several common assumptions including no taxes, all earnings are paid as dividends, earnings before interest and taxes is constant so with business risks.
Any item or element of inventory which has been used or sold within a given period.
This involves evaluating the situation and trends in a particular company's market by looking at the following 3 C's: customers, company, and competitors.
2. Listing of possible events and their assigned probability.
An example of this would be the collection of supplier loads from the supplier by the retailer for delivery into the retailer’s own RDC.
. Type the answer in the space provided
Capital budgeting refers to a budgeting for the acquisition of assets that will be used for a long period of time and are considered as investments.
Self-guided training is a type of training can range from having your employees attend a college class with in-person lectures to bringing in an outside trainer to your office for a short seminar.
The Labor Code of the Philippines stands as the law governing employment practices and labor relations in the Philippines. It was enacted on Independence day of 1974 by President Ferdinand Marcos, in the exercise of his then extant legislative powers.
The fixed exchange rate system requires all countries to set an exact parity system vis-a-vis the
Sovereign Risks include
Accounts Payables and Accruals are provided by suppliers and workers as part of the normal operations and are not included in the category of capital.
Which step is about defining the environments?
Retained earnings are portion of the corporation's earnings not paid out as dividends but kept for possible reinvestment.
The kind of payment scheme on mergers that use a combination of securities to pay the new shareholders of the acquiring company.
Profitability index is used in ranking investment projects is an ascending order of desirability.
It is an investment with a return that is not warranted.
Preferred shares have the right to receive assets of the company before ordinary shares is the event of the firm’s ______.
The total requirement for a particular product to be expected in the future.
Which basic component of the running shoe is usually very firm so that it can control motion of the rear foot?
Import/export quotes, tariffs, and special tax - would be what kind of global trends or issue?
The cost of capital includes interests on bonds and dividends on shares.
Is there such thing as a difficult person?
It is the process of acquiring and selecting talents that enables the organization achieve its goals.
An increase in which of the following is likely to increase a firm's ability to pay dividends?
The Philippine Trade union prescribes the rules for hiring and termination of private employees; the conditions of work including maximum work hours and overtime; employee benefits such as holiday pay, thirteenth month pay and retirement pay; and the guidelines in the organization and membership in labor unions as well as in collective bargaining.
Mutually exclusive project decision are contending proposals that will give the firm positive benefits and accepting one or a combination of such projects might disregard others for consideration.
The exchange rate at which a party to a contract agrees to receive or deliver a currency at some future date is
Contemporary approach to capital structure asserts that there is an optimal capital structure for every firm.
In the process model, the goals and objectives are about statements.
It is the occurrence of a condition when the whole is greater than the sum of the parts as a resulting of eliminating overlapping functions or resources in the event of mergers or acquisitions.
__ inputs in simulation process that includes the circumstances beyond the control of the decision-makers.
_____refers to the internal rate of return of bonds.
Book III – Conditions of Employment discusses the provisions about wages including prohibitions regarding wages and working conditions for special groups of employees such as employment of women, minors, house helpers, and home workers are also included.
Training and development of manpower motivates the workers and enhances their career growth. Systematic training programs also place the organization in a unique position to confront the growing and changing needs of manpower, technology and diversification of business activities
Employee-to-employee training is when you need to allow employees to physically observe an activity and get hands-on training so that they can perform the task themselves, you might consider having experienced employees lead the training.
The most credible advertising is a satisfied customer.
The employer and the workforce are responsible for devising programs geared toward an employee's career development and job skills acquisition after employment through training, performance management and organization development.
The size of many inventories requires that they be broken down into groupings for the purpose of control.
External driver such as government regulations, nature of work contracts, and labor legislations greatly affects the management of workforce because the organization’s primary concerns are to become compliant to these provisions for employees welfare.
5. The decision-makers that requires higher rate of return on higher risk investment.
Philippine jurisprudence has long applied a rule that any doubts in the interpretation of law, especially the Labor Code, will be resolved in favor of labor and against management.
Which step in the process model, is about structures, technology, power, politics and cultures?
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