Notes, abstracts, papers, exams and problems of Vocational training

MNE and Div

Div-

Universal inclusion encompasses any individual characteristic that affects an employee's performance in the workplace. It tries to redress the imbalance of power and addresses discriminatory practices in MNE to meet employee needs.

Equality and Div-

Equality (dimensions along which equality might be measured are culturally and contextually specific/core values of equality are fraught with difficulties/different kinds of equality/creation-opportunity-treatment-result).

Meritocracy

Equal moral and political worth of all persons. Young argued Merit principle asserts that division of labor must be questioned, no privileges. Neutrality with respect to race & gender/gender-blind/HRM decisions not influenced by race or gender/Affirmative... Continue reading "Maximizing Diversity and Inclusion in Multinational Enterprises" »

Performance Appraisal Systems

Many companies establish methods to improve employee performance and correct errors. Performance appraisal systems are well-established in organizations. Information gathered by these systems is used to decide wage adjustments, promotions, and training. Managing and evaluating performance remains a challenge for most managers. Performance management is the process of linking individual or group performance with the main strategic mission and values.

Objectives of Performance Management Systems

• Motivate Performance: Employee motivation and performance are key factors for business success. Owners and managers strive for good performance.
• Aid Continuous Improvement: Performance management systems help identify areas for

Stock Valuation and WACC Examples

Problem 1: Constant Dividend Growth

Thomas Brothers is expected to pay a $0.35 per share dividend at the end of the year (D1 = $0.35). The dividend is expected to grow at a constant rate of 6% a year. The required rate of return is 13%. What is the stock’s current price?

P0 = D1 / (r – g) = 0.35 / (0.13 - 0.06) = $5.00

Problem 2: Current Stock Price with Constant Growth

A stock just paid a dividend of D0 = $1.50. The required rate of return is r = 10%, and the constant growth rate is g = 4.0%. What is the current stock price?

P0 = D0(1+g) / (r – g) = 1.50(1 + 0.04) / (0.10 - 0.04) = $26.00

Problem 3: Expected Stock Price in One Year

Using your answer for problem 2, what is the expected stock price in one year... Continue reading "Calculating Stock Prices and Weighted Average Cost of Capital (WACC)" »

After-Sales Service

It is the set of mechanisms and tasks that the organization uses after the sale is done in order to obtain total customer satisfaction. It is an important source of information and should be considered as an investment. It is easier to sell new products to a satisfied customer than finding new customers.

Advantages:

• It provides greater customer satisfaction.
• It improves the image of the company.
• It improves direct knowledge of the market.
• It involves potential customer loyalty.
• It implies a likely increase in sales.

Disadvantages:

• It involves certain costs.
• It needs to be controlled.
• It can cause a possible increase in the number of claims.
• It implies a greater demand for service and quality.
• It causes more staffing needs.

Types of After-

TRANSFORMACIONES

1-The Minister of Education is believed to have resigned from his post.

2-The young tree was being bent to the ground by the wind.

3-If a famous director hadn't seen her act in a school play, Brenda wouldn't have been a star.

4-I wish I had bought some tickets for the concert.

5-Despite the fact that the house was very old, we managed to sell it.

6-He asked if I had heard the news the previous night.

7-I have my money sent monthly to my bank account in London.

8-The bed (which) I slept in last night was very uncomfortable.

9-It was such an expensive ticket for the match that I didn't buy it.

10-Your classmate may have left his book on the desk.

11-He suggested going out as soon as possible.

12-Peter must be at home because the phone is... Continue reading "English Language Practice: Reading, Listening, and Vocabulary" »

Atom

The smallest particles a simple substance can be divided into without losing its chemical properties.

Chemical Element

A chemical element is a species of atoms having the same number of protons in their atomic nuclei.

Subatomic Particles

• Electrons: negative charge, no mass
• Protons: positive charge, mass
• Neutrons: no charge, mass equal to protons.

Atomic Models

• Plum Pudding Model: a sphere of positive electricity with neutrons
• Rutherford's: each electron had an orbit
• Bohr's: each orbit presents a different number of electrons.

To differentiate an atom from others, the number of protons and neutrons it has in its nucleus.

Atomic Number

Number of protons in the nucleus of an atom (Z).

Mass Number

The number of protons and neutrons in the nucleus of an atom... Continue reading "Understanding Atoms, Elements, and Bonds in Chemistry" »

Digesting Food

The Digestive Tract

The digestive tract is a long tube that extends from the mouth to the anus. Digestion begins in the mouth with chewing, breaking down food into smaller pieces for easier enzyme action.

Salivary glands secrete saliva containing enzymes like salivary amylase (begins carbohydrate digestion) and salivary lipase (begins fat digestion).

The Stomach

This mixture, called a bolus, is swallowed and travels down the esophagus to the stomach, passing through the lower esophageal sphincter. In the stomach, the bolus mixes with hydrochloric acid (HCl), pepsin (digests proteins), and gastric lipase (continues fat digestion). This creates a liquid called chyme, which exits the stomach through the pyloric sphincter to the duodenum... Continue reading "Digestive System: Process and Organs Explained" »

Essential English Vocabulary and Grammar

Common Phrases and Idioms

Work and Everyday Life

• Paid peanuts: Pagar una miseria (To be paid very little)
• Got sacked: Despidieron (To be fired)
• Show you the ropes: Mostrar como funciona (To show someone how to do a job)
• Pulling your weight: Ponerte las pilas (To do your fair share of work)
• Homesick: Tener morriña (To miss home)
• Make yourself at home: Sentirse como en casa (To feel comfortable)
• Suburbs: Barrios residenciales (Residential areas outside of a city)
• Success: Éxito (Achievement)

Examples:

• Earn money, respect: Ganar dinero, respeto
• Teamwork: Football match, group project
• Profit: Selling things, investing money
• Pack: Suit, toothbrush
• Deliver: Pizza, message
• Dare: Come late, make personal phone calls

Other Useful

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we look fordward to hearing from you soon

yours sincerely