Dear Learner,
These are the of Activities for Module 1 as presented in your Learning Packet.
Kindly accomplish the tasks using this file for compilation.
Upon submission, use this file name:
Last Name_First Name MI_Section_Module 1 Activities
Deadline for completion and submission is on July 31, 2020, 11:59PM
Should you have question/s please let me know.
Thank you and God bless everyone!
IRF Chart (15 points)
I R
Accounting is the process of As we go through our lessons, I learned
recording and reviewing that Finance is a process of managing
a business' financial account. money. It has a financial system that
It is connected to finance manages the transactions of two
because they both ensure the accounts. I noticed and realized that
financial health of the business when financial management
can affect every other department if
not handled properly.
nts)
Finishing the topic gave me the
knowledge that Financial Management
is applying all managing strategies in
financial field. In the lessons, I
encountered the basic elements of
a financial system. I realized that the
idea of this helps us ensure safety on
investments. This chapter also tells me
that financial management uses
strategies in order to improve income
and reduce costs. Lastly, it also ensures
that a business maintains positive
financial growth.
Activity 1: Philippines: We the North! We Forward “our debt”! (15 points)
Instruction: Read the article provided and answer the processing questions provided below.
Title of Article: Philippines: World Bank Approves US$100M to Support COVID-19 Emergency Response
MANILA, April 23, 2020—The World Bank approved a US$100 million loan for the Philippines COVID-19 Emergency Response
Project to help meet urgent healthcare needs in the wake of the pandemic and bolster the country’s public health
preparedness.
The project, which will be implemented by the Department of Health (DOH), will help strengthen the essential healthcare
delivery system for critical medical services in the face of increased demand in the coming months.
“Boosting the country’s capacity to respond to COVID-19 will save lives,” said Achim Fock, World Bank Acting Country
Director for Brunei, Malaysia, Philippines and Thailand. “The government has taken quick and decisive action in the fight
against the COVID-19 pandemic and the World Bank is proud to support its efforts. Right now, no other investment offers
greater return.”
The project will focus on providing personal protective equipment (PPE) such as goggles, gloves, gowns; drugs such as
antivirals, antibiotics and essential medicines; and medical supplies such as intensive care unit equipment and devices such as
mechanical ventilators, cardiac monitors, portable x-ray machines; laboratory equipment and test kits. In addition, the
project will support the necessary logistics and supply chains to help ensure that the equipment will reach frontline health
facilities without delays.
The project will also support the DOH in preparing guidance on standard design for hospital isolation and treatment centers
to manage Severe Acute Respiratory Infections (SARI) patients, which will be used in health facilities across the country to
ensure standards and quality of COVID-19 healthcare services.
This project will also fund the expansion of the country’s laboratory capacity at the national and sub-national levels for
prevention of and preparedness against emerging infectious diseases. It will support retrofitting of the national reference
laboratory – the Research Institute for Tropical Medicine (RITM) – as well as six sub-national and public health laboratories in
Baguio, Cebu, Davao, and Manila, and finance the construction and expansion of laboratory capacity in priority regions that
currently do not have these facilities.
The Philippines is one of the countries in the East Asia and the Pacific region hit hard by COVID-19. The COVID-19 Emergency
Response Project is part of the World Bank Group’s fast-track package to strengthen the COVID-19 response in developing
countries and shorten the time to recovery.
On April 9, 2020, the World Bank’s Board of Executive Directors approved US$500 million in financing to help strengthen the
Philippine government’s capacity to address disaster risks, respond to and recover from natural disasters as well as address
urgent needs created by the COVID-19 crisis.
The World Bank Group’s Response to the COVID-19 Pandemic
The World Bank Group is taking broad, fast action to help developing countries strengthen their pandemic response, increase
disease surveillance, improve public health interventions, and help the private sector continue to operate and sustain jobs. It
is deploying up to $160 billion in financial support over the next 15 months to help countries protect the poor and vulnerable,
support businesses, and bolster economic recovery.
Retrieved from The World Bank: https://www.worldbank.org/en/news/press-release/2020/04/23/philippines-world-bank-
approves-usd100m-to-support-covid-19-emergency-response on April 22, 2020
Processing Questions:
1. What have you learned from the article?
From the article regarding the monetary help for COVID emergency response for the Philippines, I learned that
other countries are willing to help us in order to fight this virus and not fall our economy. I also learned that our
country has a lot lacking services for medical emergencies such as a pandemic that is currently happening today.
I also learned that a big amount of money was given to us for support and help to respond to this pandemic and improve our
healthcare facilities.
2. What are your insights about the article?
The article has given me an insight that the Philippines has a good relationship with other countries since they are willing to
help us in this time of need. It also has given me an idea that our government has a lot of project but in this time that those
projects are really needed, just few of them were put into action.
3. As a Business Finance student, what do you think should our Government do to minimize economic crisis?
As a Business Finance student, I think that the Government should practice how to set priorities to minimize economic crisis.
The government must be wise enough to prioritize the ongoing pandemic and take full action on this one because as what I
see on the news today, our government prioritized military forces and not this pandemic. We all know that this pandemic
really hit us hard to the extent that businesses closed down. With not prioritizing this emergency, economic crisis will also
come to our country because people in the society are limited in doing work and making money. The government should use
our funds in a right way especially the ones that were given to us by other countries to fight this pandemic and avoid
economic crisis in our country which we cannot really afford to experience.
nomic crisis.
Activity 2: Assignment: I’M THE BANK! (20 points)
Instructions:
1. Visit one of the websites of any following banks (again, one bank only):
a. Universal and commercial bank
b. Commercial bank thrift bank
c. Rural bank and cooperative bank
2. Gather the following information on the following:
a. Present capitalization requirement
b. Competitiveness of financial services
c. Types of financial services provided to customers
d. Financial services that provided the highest revenue
(Focus only on the financial services provided by the bank/s)
ACTIVITY 2 : I'M THE BANK!
Commercial Bank - BDO Unibank, Inc.
A. Present Capitalization Requirement
*Total capital base increased to P372.2 billion,
*with Capital Adequacy Ratio (CAR) and Common Equity Tier 1 (CET1) ratio at 13.8% and 12.7%, respectively
B. Competitiveness of Financial Services
*BDO is a leading financial institution that offers a range of innovative products and services to meet the needs of different bu
*BDO forms sound strategies that will help make the right financial decisions and drive businesses forward.
*They said that "With BDO, you will have the confidence to explore other opportunities and expand your reach.
Our financial experts will provide you with sufficient resources, allowing you to determine the right directi
C. Types of Financial Services Provided to Customers
*BDO is a full-service universal bank that provides a complete array of industry leading products and services
to the retail and corporate markets including Lending (corporate, middle market, SME, and consumer),
Deposit-taking, Foreign Exchange, Brokering, Trust and Investments, Credit Cards, Corporate Cash Management and Remittan
Through its subsidiaries, the Bank offers Leasing and Financing, Investment Banking, Private Banking,
Bancassurance, Insurance Brokerage and Stock Brokerage services.
D. Financial Services that Provided the Highest Revenue
* Commercial, investment and private banking in the country.
With these 3 Financial services, the revenue of BDO Unibank Inc.
amounted to approximately 3.4 billion U.S. dollars as of December 2018.
espectively
eet the needs of different businesses.
pand your reach.
o determine the right direction for your company."
and services
h Management and Remittances.
Activity 3: Concept Mapping (20 points)
Reflective Essay: 20 points
1.How important is the role of financial managers, financial markets and investors in our society?
our society? 2. What will happen if a company does not have a competent finance officer?
Mini Task 1: Distinguishing Financial Institutions, Instruments and Markets (20 points)
1. How did you find the mini-task? 2. How did the lessons help yo
2. How did the lessons help you see the real-world use of the topic?