In Partial Fulfillment to the Requirements in Organization & Management

CASE ANALYSIS ON CONTINGENCY OR RESEARCH BASE THEORY

SUBMITTED BY: RASHEL KEITH BADOL & JONAIRAH MOLANTA

SUBMITTED TO: MRS. ALICE JOMILY A. SACIL

The basic tenet of Human Resource Management Development is that the people
working in an organization are its greatest asset in achieving its desired objective. The
pace and growth of the organization are based on the efficiency and the talent of its
employee.

Human Resource Management Development (HRMD) is the framework for helping

employees develop their skills, knowledge, and abilities, which improves an
organization’s effectiveness. It is primarily concerned with each employee’s personal
and professional growth and tries to align their development with an organization’s
goals. Training isn’t just significant for any company. It is vital. Exposing employees to
relevant and consistent training can help companies improve their performance and
increase the results in the workplace.

Besides, HRMD has a comprehensive view of the training needs and is always in the
know who and when requires training in each department. It allows HR to enable finding
relevant training programs and enrolling employees in them, as well as coordinate
employee training plans. Such a comprehensive view on training and development
facilitates tracking retraining periods for employees, for example, in the case of annual
compliance training for highly regulated industries like healthcare.

Training and development describe the formal, ongoing efforts that are made within the
organization to improve the performance and self-fulfillment of their employees through
a variety of educational methods and programs. For the most part, the terms “training”
and “development” are used together to describe the overall improvement and
education of an organization’s employees.

These are the training needs of today’s employees:

●Communicating skills training

●Managing change
●Teambuilding
●Management skills training
●Problem solving/Critical analysis
●Customer service
●Retaining employees
●Creativity and innovation
●Interpersonal skills training

Employees today must have access to continual training of all types to keep up. If you
don’t actively stride against the momentum of skills deficiency, you’ll lose ground. If your
workers stand still, your firm will lose in the competency race.

Therefore, HRMD is responsible for the organization's staff training requirements,

programs, and career development needs. They are the ones who
supervise training staff, plan and administer training seminars, and manage conflict
resolution, team building, and employee skill evaluations.
AVON COSMETICS PHILIPPINES
ARLENE A. PATENIO
SALES LEADER
KIDAPAWAN BRANCH
KIDAPAWAN CITY

May 27, 2021

Dear Ma’am Patenio,

Greetings!
I am writing in response to your advertisement for recruitment as a franchise dealer of
AVON COSMETICS which was advertised online on Facebook.

Hardworking, strategic, initiative, critical thinker, communicative and dedicated to the

work are a must in this job and I can prove to myself that I acquire these skills and
values and I am willing to do my best in this job. I am fully inspired to apply because I
can guarantee that I will learn a lot from this experience.

If you wish to contact me, you can do so on my email badolrashelkeith@gmail.com or

09489175129. Thank you for considering my application. I look forward to hearing from
you.

Sincerely,

Rashel Keith A. Badol

RASHEL KEITH A. BADOL
HOME ADDRESS: Purok 2 Badiangon, Arakan, Cotabato
EMAIL ADDRESS: badolrashelkeith@gmail.com
MOBILE NUMBER: 09489175129
BIRTHDATE: March 4, 2004
SEX: Female

HIGHEST EDUCATIONAL ATTAINMENT

Senior High School: North Valley College Foundation Incorporated
Lanao, Kidapawan City
nvcfikidapawancity@gmail.com

SKILLS AND QUALIFICATIONS

●Strategic
●Critical Thinker
●Hardworking
●Communicative
●Initiative
●Passionate

EXPERIENCES (Either Professional or Not)

●I’ve been helping mother selling Avon products.
●Team leader on every team building activities in our barangay.
● Spokesperson on every public presentation in our school specifically in junior high.
● Attended the CYPC Youth Camp (Supreme Students Government Officers Training)
 Republic of the Philippines
DEPARTMENT OF LABOR AND EMPLOYMENT
KIDAPAWAN CITY

MEMORANDUM
TO: VICE PRESIDENT OF OPERATIONS
EMPLOYEES OF EVA’S DEPARTMENT STORE

SUBJECT: UNDERGOING OF REQUIRED BODY INSPECTIONS FOR ALL

EMPLOYEES
DATE: 11 JANUARY 2021

1. All employees must comply the company rules on reasonable body inspection
without being violated of their rights to privacy and decency.

Based on Republic Act 7877, an Act Declaring Sexual Harassment Unlawful in

the Employment, Education or Training Environment, and for other purposes, all
employees can guarantee that they are free of sexual harassment when it comes
to body inspection.

2. Inspections balance the interests of managers, employees, and customers

because of the security they are achieving on entering a public place.

3. Top managements enforce body search rules and benefits of such rules like
preventing theft of store products.

Workplace inspections help prevent incidents, injuries and illnesses. Through a

critical examination of the workplace, inspections help to identify and record
hazards for corrective action. Health and safety committees can help plan,
conduct, report and monitor inspections. Regular workplace inspections are an
important part of the overall occupational health and safety program and
management system, if present.

4. In addition, employees must achieve a more ethical way of conducting body

search in order to protect women’s dignity.

RASHEL KEITH A. BADOL

Manager
 THE BENEFITS OF THREE TYPES OF FIDUCIARY
ACCOUNTING
Rashel Keith A. Badol

Grade 11-ABM student at NVCFI

15th Day of March 2021

ABSTRACT
The three types of functional fiduciary are a big help in the business in which makes a company
succeed with their help. They offer benefits in different areas: Planning, Consultations,
Managing, etc. In this lesson, we’ll show you what and how these types of Fiduciary account
works.

INTRODUCTION
Fiduciary accounts are deposit accounts established for the benefit of one or more other parties,
also known as principals, by an individual or organization. There is no ownership interest in the
deposit by the person or company opening the account. Fiduciary relationships include a
trustee, an agent, a nominee, a custodian, and a guardian. Fiduciary accounts include three
types: Plan Administrator, Investment Consultant and Investment Manager.

DISCUSSION
ERISA defines three types of functional Fiduciary:
1.Plan Administrator- He/She who has discretionary responsibility for the administration of the
plan, such as ERISA reporting and disclosure. Trustees are liable for investment Decisions.
A Plan Administrator is a person or company responsible
for managing retirement fund or a pension plan. He is tasked
with ensuring the funds are properly collected and
distributed to all qualified participants.
Benefits of Having a Plan Administrator:
 They manage the employee benefit plan
on behalf of their employee.
 The business or other entity might be at
its best because of the expertise in planning and managing of the plan
administrator.
 They perform and provide accurate and effective plan for the business.

Without a plan administrator, a company might never have experienced the difficulty in
managing a business because of the lack of person whose expertise is on administrating a plan.
2. Investment Consultant- They are the ones who provides investment advice to trustees for a
fee, and trustees make final decisions. The investment consultant and trustees are jointly liable
for investment decisions.

The Benefits of Having an Investment Consultant:

 They offer meaningful advices.

 They are creative in practice structure.
 They offer possible outlook on the outcomes.
Without the help of an investment consultant, the company’s investments might have been used
by an untrusted partner. Making a decision is hard, but putting an investment on a bet without
consultation is harder because you might loss all your money in a snap. So, before putting your
trust on that particular offer, ask for a consultation first

3. Investment Manager- has discretion over the management of the plan or control of its
assets. The investment manager assumes liability for investment decisions under written
acknowledgement. It is also known as Asset Manager, Fund Manager, Wealth Manager, Money
Manager, etc. Investment management
revolves around managing financial assets,
as well as other types of investments or holdings.
The Benefits of having an investment manager:

 Investment Managers will give your

investment full time attention. They watch
it regularly and take advantage of contacts,
access to investment opportunities and
their considerable experience.
 They will help to sort out the problem in the investment, the risks and the threats
associated with the investment will be pointed out. Investment strategy will be aligned
with the investor’s goals and target.
 They’ll have strategies that are not available to the common investor.
 They can broaden your investment beyond your capabilities.
 They also have variable fees depending on the type of investment portfolio.
 And of course, they are accountable for your money.
It is important for all the company to have its manager on investments because this position
really is a big deal. They always monitor how the company works in different aspects of
managing the money of the company to know if the sales are doing good, the fund is growing,
and the investments are also on the hands of a trusted person.
RASHEL KEITH A. BADOL GRADE 11-ABM

FUNDAMENTALS OF ACCOUNTANCY, BUSINESS AND MANAGEMENT (Week 2)

MATERIALITY CONCEPT
Materiality concept states that firm can ignore small information which does not have any
significant impact on the business. It is mainly a guiding principle that accounting professional
use to determine whether the information is material or immaterial.

Materiality, in accounting terms, assumes the significance that certain facts or data have in
the decision making of reasonable user, and how their inclusion or omission within the financial
statements will have consequences in the evaluation of past, present and future events.

Identifying which is which.

MATERIAL
 A statement, fact, or item is material if,
given fully consideration of the
surrounding circumstances at the time of
completion of the financial statements.
 If it is probable that users of the financial
statements would have been altered their
actions if the information had not been
omitted or misstated, then the item is
considered to be material.
IMMATERIAL
 If the users would not have altered their
actions, then the omission or
misstatement is said to be immaterial.
 It describes any circumstances or
outcome of little to no importance.

Examples of material information:

*Information regarding dividend changes, earnings estimates, changes in previously released earnings
estimates, significant merger or acquisition proposals or agreements, major litigation, liquidity problems,
and extraordinary management developments.

Examples of immaterial information:

*Completeness is an important criterion in accounting. A bookkeeping system should capture all of
company’s financial activity rather than only the easily available information. However, some
transactions are so small they barely warrant mention.
* If you drive your car to a business meeting and put 50 cents in a parking meter, you could either make a
note of the expenditure and reimbursement yourself from petty cash or decide it was too small an amount
to bother. The transaction is immaterial because it is simply too small to matter.

Whether information is material in a matter of judgement, the concept of materiality works as a

filter through which management sifts information. Its purpose is to make sure that the financial
information that could influence investor’s decisions is included in the financial statements.
We’ve seen what you can do
Oh God of wonders
Your power has no end
The things you’ve done before
fear
In greater measure
You will do again
Cause there’s no prison wall
wall
you can’t Break through
No mountain you can’t move
All things are possible
There’s no broken body
You Can’t raise
No soul that you can’t save
All things are possible
Chorus:
The darkest nights
You can light it up
You can light it up
Oh God of revival
Let hope arise
Death has overcome
crumble
You’ve already won
ground
Oh God of revival
You rose in victory
And now you’re seated
Forever on your throne
So why should my heart
what you’ve defeated
I will trust in you alone
Cause there’s no prison
you can’t Break through
No mountain you can’t move
All things are possible
There’s no broken body
You Can’t raise
No soul that you can’t save
All things are possible
(Chorus)
Bridge:
Come awaken your people
Come awaken your city
Oh God of revival
Pour it out, Pour it out
Every Stronghold will
I hear the chains in the
Oh God of revival
Pour it out, Pour it out