Title of the Study: PENSION SYSTEM IN THE PHILIPPINES II. ABSTRACT Traditionally‚ pension systems aim to fulfill a number of functions which include income security and consumption smoothing in old age‚ as well as income redistribution. The main rationale for pension reform lies in the interaction between current demographic trends (e.g. increasing old age dependency ratios) and the design of existing pension systems (particularly‚ the so called Pay-As-You-Go public systems). Under certain conditions
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BIS Assignment Enterprise Resource Planning (EPR) System Table of Contents 1.0 Executive Summary With the society develops‚ the demand of the company’s economic growth is rising rapidly. Improving efficiency is no longer only for production‚ but also the company’s data processing. Companies with various sizes are seeking ways to increase their profits. Yet they end up finding out that it is hard to process plenty of information during their business
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Economic System The 3 Types of Economic Systems - Centrally planned economy - Mixed economy - Market economy Centrally planned economy System in which a nation’s resources are owned by the government. Came from the ideology that the welfare of the group is more important than individual well being‚ the idea came from Karl Marx. The decline of Centrally planned economies was in the 1980’s nations began to dismantle communist central planning in favor of market based economy. Mixed economy
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CHAPTER 1 THE PROBLEM AND ITS BACKGROUND Introduction The discovery of the computer was the great invention man has never had. It played an important role in making life easy‚ convenient for the benefit of humanity. Computers are everywhere at work‚ at school‚ and at home .Many daily activities either involve the use of or depend on information from a computer. This maybe because computers are used in almost every field and profession like education and office works to perform large number
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Chapter I INTRODUCTION Context of the Study Technologies play a big part in our society today. Business industries especially those multi-million companies that deal with so many transactions require accuracy and efficiency of data that are made possible by computers. Today‚ computers take front seat in the corporate world and businessmen rely on them to keep records‚ do heavy duty computations‚ make promising proposals‚ and so much more. In fact‚ it would be unimaginable not to have computers
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BACKGROUND Introduction With our fast-paced developing society‚ many of our institutions optimize to perform their procedures in a computerized manner. They consider this as a great reliable process to lean on. They believe that this method will help them catch-up with this quick changing situations that they encounter each day. However‚ it is hard to imagine that many of us still stick to the manual method knowing that computerized system is just there waiting for them to take advantage of. There
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The African Economic and Business Review‚ Vol. 3‚ No. 1‚ Spring 2002 1 Challenges in International Benefits and Compensation Systems of Multinational Corporation Semere Haile Grambling State University Abstract The aim of this paper is to examine developments on the type and amount of compensation necessary to attract technically and culturally qualified international managers and technical professionals to the three nationals or country categories involved international human resource
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school‚ institution‚ or college is their enrollment system. It plays a vital role in any school for it is responsible for an effective and efficient approach for both the students and schools. This only means that a poor management of an enrollment system could affect the operation of the school. Thus‚ to avoid errors in enrollment ‚ it will an instant remedy‚ which is the development of a computerized enrollment system. The computerized enrollment system will provide the needed and storing information
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out of it‚ leaving the economic system- structure of methods and principles that a society uses to produce and distribute goods and services- to be determined by the combined decisions of millions of individual people. Economic system is defined as how a society chooses to produce‚ distribute‚ and consume goods and services. Since resources are scarce and not always available each society must determine three important factors when determining their economic system. These factors are how the goods
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3 Major Economic Systems Economic Systems: There are 3 major mainstream economic systems‚ and they are: 1) Market economy 2) Mixed economy 3) Command economy. The distinction between them stems from their approach to answering the 3 basic economic questions: 1) What to produce? 2) How to produce it? 3) How to distribute it? ❖ Market economy: o All economic resources are owned by the people. o They decide how and where to channelize those resources. o The market forces of demand
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