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Financial Management Comprehensive Exam Reviewer for MBA

LINKs to Comprehensive Exam Reviewer:
MAN POL reviewer
Link to MANPOL reviewer

POM Reviewer
Link to POM Reviewer

Finman Reviewer
Link to Financial Management Reviewer

Save this links and visit again.
I will be posting updated Answers Daily until Friday, March 9 before the exam.

Management Policy Comprehensive Exam

Here are the possible exam questions for the Comprehensive Exam on Saturday, March 9, 2019.
MBA

There will be 7 Questions
Be careful of using wrong grammar.
You can bring dictionary
Avoid Erasure - Close in Parenthesis if you have corrections.
You Answers should be based on Facts and in sequence. Scenario first then outcome.
4 Paragraphs in every answer.

Bonus questions.
What is your thought in "No smoking" ? Is it a rule or a policy? Explain your answer.

1. What is a management policy?
Policy-based management is an administrative approach that is used to simplify the management of
a given endeavor by establishing policies to deal with situations that are likely to occur. ... Policy based management is often used in systems management.

2. Explain why drafting policy are said to be more difficult than implementing it.

3. Discuss over confidence.

4. What is perception in policy making?

Here is the link for the reviewer in Man Pol emailed by the Prof. In pdf file. Download it.
(Sorry na erase na - bawal pala copyrighted daw sabi ni Prof.) Ask our classmates na lang for the email address of the Prof, then you can ask him directly.

MAN POL - Comprehensive Exam

1. Discuss how procedure differ from rules based on the policy implementation:

SAMPLE ANswer

· A Policy doesn’t make specific or say exception in extenuating circumstances. Doesn’t deviate from the norm.

a. Security Policy (Access, Validate, Permission to access resources and services).

b. Trust Management Policy – open environments

c. Action Management Policy – reactive policy specification to execute actions and events. Authorization.

d. Business rule – To automatize business decisions and look for an efficient reason. Can be based on derivation rules and integrity constrains.

2. Explain why drafting policy are said to be more difficult than implementing it.

SSAMPLE ANswer

a. Lack of technology for implementation. Lack of appropriate modern technology, managerial skills, and administrative capacity are prerequisite to effective policy implementation.

Procedures adopted in policy making are not consistent with its goals and sometimes cultural considerations hampers the adoption of modern technology.

b. Lack of continuity commitment to policy change. In many cases, the situations tend to make implementation more difficult in terms of switch over to entirely different priorities and objectives which requires new organization, personnel, resources and technology which are not always easy to provide. This led to abandonment of many policy and evidently no policy to implement.

3. Why is this important for early-career public administration to have a good policy?

4. Discuss the reasons why the goals of a business manager and the goals of a business investor maybe different in policy implementation? Consider different types of businesses. Provide an example to support your answer.

5. Why does a corporate must understand corporate mission and vision in developing a corporate policy?

6. The three-mission statement consist of three essential components. These are the Key Market, Contribution, and Distinction. Why are these three components are important in Management Policy making.

7. Discuss why Management Policy and Strategic Management are highly intertwined?

8. Name two (2) factors and explain the reason for management need to revise corporate policy.

9. You are a manufacturer of industrial products that are sold to other manufacturers and to consumers. Describe and give examples of the fundamental differences between their policy for marketing to other businesses and for marketing to consumers.

10. Who among the following have the following is have the responsibility to design the organizational policy based on the objectives? Why?

a. Managers

b. General managers

c. Board of Directors

d. Chief executive officer

11. Below are the three samples of Mission Statements? What is your thoughts?

a. Undisputed Marketplace Leadership

b. Create Value for shareholders through the energy business

c. To supply outstanding service and solutions through dedication and excellence

12. Describe the recruiting policy for an international organization that uses an ethnocentric approach to hiring?

13. The processes for internal analysis policy, when matched with the results of managements mission priorities, provides the critical foundation for what?

14. How would you make the case for HR as a strategic policy implementor? Give one evidence exist to support your claim.

15. Discuss overconfidence.

16. Under policy, Decision Making, name one organizational Politics and explain how this affects the behavior of individual or groups.

17. Create a simple statement policy for “Employee Ignoring Management Policy”.

18. Give example of policy statement where supportive policy differ from Composite Policy.

19. Give one example of appealed policy.

20. Cite an example of work hours and turn around time policy faced by employees in the country today.

21. Differentiate private to government policy.

22. What is your view about Smoking Policy.

23. Is work site reminders are part of management policy? Provide detail explanation to support your answer.

24. Does the words “banned” allowed in policy making? Support your answer.

25. Why is it important for a company to do evaluation in their policy? What particular out come top the most important in the evaluation?

Other Subject Links to Comprehensive Exam Reviewer:
MAN POL reviewer
Link to MANPOL reviewer

POM Reviewer
Link to POM Reviewer

Finman Reviewer
Link to Financial Management Reviewer

Save this links and visit again.
I will be posting updated Answers Daily until Friday, March 9 before the exam.

Management Policy Reviewer

Here is the link for the reviewer in Man Pol

https://drive.google.com/open?id= TINANggal na kasi bawal daw share sabi ni Sir

Links to Comprehensive Exam Reviewer:
MAN POL reviewer
Link to MANPOL reviewer

POM Reviewer
Link to POM Reviewer

Finman Reviewer
Link to Financial Management Reviewer

Save this links and visit again.
I will be posting updated Answers Daily until Friday, March 9 before the exam.

Production and Operations Management Book

Operations Management (10th Edition) [Jay Heizer, Barry Render]

Save this link and visit again.
I will be posting updated Answers Daily until Friday, March 9 before the exam.

Click below to download the book

https://drive.google.com/open?id=1kWpUUNufENjYD7o8nGg4_wr-jDqSTokV

Other Subject Links to Comprehensive Exam Reviewer:
MAN POL reviewer
Link to MANPOL reviewer

POM Reviewer
Link to POM Reviewer

Finman Reviewer
Link to Financial Management Reviewer

Save this links and visit again.
I will be posting updated Answers Daily until Friday, March 9 before the exam.

POM Reviewer Compre exam

MBA Comprehensive exam Review
Here is the link to the book of POM. Click below to download

https://airplanetolife.blogspot.com/2019/03/production-and-operations-management.html

Save this link and visit again.
I will be posting updated Answers Daily until Friday, before the exam on March 9, 2019.

Here are the review Questions.

A. Discuss and Summarize the following items

1. Discuss Introduction to Production and Operations Management
2. Identify current trends in operations management and relate them to new items or to personal experience.

B. Discuss productivity competitiveness.
1. Discuss Productivity, factors affecting productivity competitiveness, strategy, mission, different strategies and lean production.

C. Quality Management
1. Discuss Total Quality management on the following items:
a. Continuous process improvement
b. Six Sigma
c. Benchmarking
d. just in time

D. Product and Service Design
Discuss the following
1. Trends in product and service design, Design process, R &D, Standardization.
2. Discuss CAD. Describe some of the ways a product designer can use it.

E. Discuss Process selection.
F. Discuss Project Management.
E. Developing location Strategies
H. Job Design and human Resources
I. Supply Chain Management
J. Outsourcing in Supply Chain Management
K. Aggregate Planning

Here is the link to the book of POM. Click below to download

https://airplanetolife.blogspot.com/2019/03/production-and-operations-management.html

Other Subject Links to Comprehensive Exam Reviewer:
MAN POL reviewer
Link to MANPOL reviewer

POM Reviewer
Link to POM Reviewer

Finman Reviewer
Link to Financial Management Reviewer

Save this links and visit again.
I will be posting updated Answers Daily until Friday, March 9 before the exam.

Ambisyon Natin 2040 Essay

Malacañang has issued Executive Order (EO) No. 5 providing for the adoption of “Ambisyon Natin 2040”, a 25-year, long-term vision for development planning. The EO was signed Tuesday, October 11, by the authority of President Rodrigo Duterte.

The 25-year vision foresees a Philippines that is a “prosperous, predominantly middle-class society where no one is poor.” It also envisions Filipinos with “long and healthy lives”, being smart and innovative, and living in a “high-trust society”.

According to the President,“In 2040, we will all enjoy a stable and comfortable lifestyle, secure in the knowledge that we have enough for our daily needs and unexpected expenses, that we can plan and prepare for our own and our children’s future. Our family lives together in a place of our own, and we have the freedom to go where we desire, protected and enabled by a clean, efficient and fair government.”

This development plan is anchored on a 25-year long-term vision called AmBisyon Natin 2040, a representation of the collective aspirations of the Filipino people, which is a result of a consultative process which began in 2015.

AmBisyon 2040 can be partly achieved by having competitive enterprises that offer quality goods and services at affordable prices. Government must encourage investments in these sectors by improving market linkages, simplifying government procedures, and facilitating access to finance. These should be complemented by appropriate human capital development, science, technology and innovation. Following are the priority sectors that have direct impact on AmBisyon:

Housing and Urban Development
Manufacturing
Connectivity
Education Services
Tourism and Allied Services
Agriculture
Health and Wellness Services
Financial Services

As part of this, Artificial intelligence will be part of his Vision.
Artificial intelligence is intelligence exhibited by machines that has the capability to perceive its environment and takes the necessary actions to a given situation and carrying out a positive outcome. It is simply understood as machines capable of mimicking human cognitive functions in doing simple to complex tasks. Policymakers will need to develop a framework of rules for the operation of machines and AI systems. This should involve collective consultation with affected parties and experts, and a comprehensive debate on the regulation of the liability, safety, security and privacy of these technologies, alongside the updating of relevant skills and training programmes working with these new technologies.

We’re still changing, but not fast enough to keep pace with technology. AI is going to be a massive change in how the world is run. Quite a few researcher’s believe that an AI will be able to do everything that a human can do… which makes us ask, “Then why are we here?”

Is science dangerous? Essay

Is science dangerous

I strongly believe that science, and all of it components are good. Science by definition is the search of new knowledge, how can this be bad? Everything has the potential of being good or bad. It all depends on the people who are behind it. Nurses deliver anti-biotics, which can cure a number of diseases. On the other hand those abusing drugs, such as heroin users, use needles. No one is arguing saying that needles are evil, because it's an inanimate, the same rule should apply with science. Some people say without science life would be better or simpler, but in reality science is the reason people are able to watch television, the reason people are living much longer and healthier life's.

A popular opposing argument is without science there would be no war, or bombs or mass destruction. Before these technological advances people still had wars, they just through rocks, and spears. It's not the technology that's causes the war anyway; it's our own human characteristics, like greed, vanity, and jealousy. If we combat these human flaws, then we will rid the world of people's fears of technology.

Science is involved in every profession, lawyers, detectives, and firefighters depend on facts, to solve certain crimes or to prove that a pacific incident has occurred. We see them use science more often in crimes of murder, arson, and rapes; forensics, is what is used solve these almost unbreakable crimes. Weight Lifters, athletes, and trainers all use science, they all know the principle of overloading muscles, and they understand isometrics, a way to exercise. Without science a lot of people would pull muscles, strain them or dislocate a joint.

Science is needed in every day life, from cooking to playing a CD. It is not science that created all of the destruction, and horrible pain it is the people who controlling the machines who cause the harm.

Sometimes Science Aesthetically wrong at times: Forget the readings and writings of any religious texts and books. Focus on the alteration made possible by science that tend to haunt the mankind in future. Altering the genetic combination tends to disrupt the balance of the nature, and messes with the ecosystem as well. Genetic alterations on animals have proven to give dubious results and have faced a lot of criticism and backlash.
Science is Used in strengthening war chances: Gone are the days when people used to stamp their authorities through duels and wars were won with horses, elephants, swords, and other man-made weapons. Times have flown by and the nuclear trump card in every countries arsenal has bolstered the chance of destructing the Earth, and killing many in process.
Science provide Stressful information: The deeper you delve into science; more likely you are going to come up with unrequired or harmful information’s. You might end up discovering some lethal elements buried deep down. Overloaded with information has compelled us to make headways into calamitic consequences.
Science says about Overpopulation: One of the most ironical aspects of science. Science tells you the reason why the Earth is being overpopulated and the measures that should be taken to deal with it. On the other hand, science has enabled us to live longer than average expectancy, decreasing the mortality rate immensely. It might be easy to say that one should not opt for such life expectant drugs and operations, but weighing the emotional side of things it becomes difficult to stick to a rational decision.
Science make People connecting through social media, but drifting away in person: Technology enables us to talk to strangers staying miles away from us, but we don’t bother to communicate in person when we have the chance to. Artificial Intelligence has ignited the virtual method of communication, and that seems to become the norm in years to come.
Science might be a technical and rational component of this Universe, but the sword of morality has been hanging over the head of every person on this planet. One should greet the progression of science with open arms, but needs to check the rapid growth that might do more harm than good eventually.

Science is Convenience: It is amazing as how times have changed. It took us eternity to develop a non-human mode of transportation, but the recent couple of centuries saw us traveling over the mountains and beyond the waters. You can travel back and forth covering the deepest and darkest corners there are to explore. We can communicate to our dear ones sitting at one end of the World to the other. With the introduction of Artificial Intelligence, one does not even need to talk, but simulate a healthy conversation or run a chore.

Science make Dramatic increase of lifespan: Remember reading the horrific plague that almost nullified Europe as much as to the extent of rejuvenating it through the period of Renaissance? Fast forward to the 21st century and you will see people being spoilt for choice, to live, if yes, how many years would they prefer to. It baffles to see such transformation and enhancement in the field of medical science and technology. With the cure to every known disease, or at least the development of new drugs has brightened the survival rate exponentially. Stillborn and other infant fatalities have gone down significantly, and the third World countries are getting back on their feet as well.

Science creates New technologies and better understanding of where we live in: Technology and Science go hand in hand, and there is no doubt that we have been engulfed in the technological world. Technology has been seeped in with such precision and deftness that we don’t really appreciate it that much. Science has also let us know about our Universe, and there is so much more to the 75% Water-25% Land concept. There are many wonders yet to be discovered, and with science one-day humans will acquire the knowledge of infinity with the help of science

It is true that with the rapid development of technology, people have unlimited access to various information and exchange database freely these days. Despite all benefits, some people believe that it is harmful and dangerous for our communities. To a certain point I would agree that it could be dangerous, but if we have proper control over technological use then it would be useful from many aspects.

On one hand, the advance development of modern technology has allowed people to gain access to so many websites, database, and information hub and to exchange them. All governments and companies are using computer technology to store and maintain their confidential information these days. Certain people believe that the development is dangerous for our societies as it could be misused for any crime activities. For example, a computer hacker might have access to a bank information system and use a person's credit card number. In another case, the hacker might steal top secret information from the government and sell them to the terrorists.

Despite all the treats, the easy access to information system has brought countless benefits to the humankind. Firstly, with the development of the internet technology, scientists could effectively perform their research. By having access to so many websites, it has saved a lot of the scientists’ time when they have to investigate things, rather than to go to the library and search for books and journals. Secondly, with the easy access to information system, it also helps students in learning new things. In the past, students only got information through books, but these days they can learn from various platforms. For example, when they want to learn new things, they can also learn from another format such as video. There are thousands of free video websites such as YouTube and Vimeo, where they can access them and find some informative lessons. Having central databases of citizens is a great way for the government to tackle illegal immigration, crime and social problems.

In conclusion, to a certain extent, I would agree that the easy access to various information and exchange of database could be harmful to the humankind. However, I also believe that this development also brings a lot of benefits to the societies, as scientists have become more effective in doing their researches. I personally believe that the government should have a strict regulation about the access and design a proper control system which would prevent the misuse of the information.

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