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About The Battalion. (College Station, Tex.) 1893-current | View Entire Issue (Nov. 2, 1977)
the wide4 eh ni quest* very compl said. Ago* ■r must thk! , watch hii md watch}; look intob; s eyes. bs P . 11 sion, govern r than any ) to 1974,' nt employ illion to ncrease. M the state nclustries wer incre try division, ulhire, whid n ployed moi rkers in th ibout fourpt rkers in 1971 although ill for food t will continn of increase d Harrison, in the doti ook is head THE BATTALION Page 13 WEDNESDAY, NOVEMBER 2, 1977 .■pair eleclii look is gc ieeded asi old ones states r bowdingpi s not so iin mechani very state >ugh openin is a mecha® ites. i nited Press International LUBBOCK, Tex. — M.M. Ayoub trying to understand work. The Texas Tech University industrial engineer researches ways to match he physical capabilities of an em- iloyee with a particular job. We ve been advocating for many years that there are right people and rang people for any job, he said. If the job requires size, tall, long P- ID Ireaches ai cl so on that s the kind of try, dentist individual you put on. applicants! He said matching workers with om the pool jobs when they are hired would save uls, Schroel the cost of retraining employees schools has! after they found they couldn t per- as the Da: form the chore. T). Although developing ways to tries to mil match physical abilities with jobs their opii# is im for advin \ ■nt who has! p ( medical scklm, nt, still in the experimental stages, oub is developing criteria the Air orcecan use in assigning duties to icn and women. There are some 300 different on t try to! jobs within the Air Force. We are valuatel! ni atching the type of work with strength, physical work capacity or itamina, and size of the individual, _he ultimate objective being to im- itive choice) prove human performance and pro ductivity in blue collar jobs. As more and more females enter the armed services, there will be questions of finding suitable jobs for males as well as females, Ayoub id he advil a curricula b Hon ligh said. ms ternational )rm, describ in : in 15 yea» he ing trees * 1 down po< srous oi of residents ge glass plal Light Builjl s were it no one was mrb ofNev bble coved! g pool colb s scrambk Battalion photo by Larry Chandler Basking dragonfly This dragonfly catches a few rays of sunlight before the winter chill sets in. Job roles studied “In a simple comparison, a female’s capacity is 60 percent that of a male when it comes to manual handling of loads, but females are better at estimating the amount of weight they can lift from their past experiences, Ayoub said. “In jobs involving dexterity, fine manipula tion or precision, as in mi croelectronics, females are better than males. Private industry will also be faced with similar questions as an increas ing number of women apply for blue collar jobs traditionally assigned to men, he said. Ayotid said the criteria he de- 'elops will be challenged eventually courts by labor orgainzations. But said his research is based on m coast In! physical capacity — not traditional of up to 11 concepts of male or female work oot waves, roles. j, it was om n California spotless, iH summery tf' ir 80s mined in efc >f the Pacii d travelers i for the Casci! le storm’s rai tow the Cascai watches fort mish and Nd velocity wil a pickup tut oma Narrf i mashing ii IcKell, 20. ACCOUNTING AND FINANCE MAJORS LET US HELP YOU TO BECOME A CPA CPA REVIEW HOUSTON 713692 7186 COURSES BEGIN MAY 22 & NOV 21 OUR SUCCESSFUL STUDENTS REPRESENT 1/3 of USA Give the perfect symbol of your love . . . the brilliant beauty of a perfect Keepsake diamond, permanently registered and guaran teed perfect. Keepsake . . . there is no finer diamond ring. Lay-away Now For Christmas Embrey's Jewelry 415 University College Station The Friendly Store Capital cost influence explained By COLIN CROMBIE William D. Wooldredge, vice president of finance and planning of the B. F. Good rich Company, spoke yesterday to students of the College of Business Administration. Wooldredge, the first visiting executive hosted this year by the department of fi nance, spoke about the importance of foreign exchange management and the in fluence of the cost of capital on capital budgeting. He also talked about career development with B. F. Goodrich. “I’d like to make this informal, he said as he took off his coat at the beginning of his presentations. He noted that “real hospitality sets Texas A&M apart from other universities and then gave a short background ofB. F. Goodrich. He pointed out that the company has progressed from manufacturing rubber hose to spacesuits and that it now consists of six divisions. In his first presentation, he explained how B.F. Goodrich uses the cost of capital in its decisions. The cost of capital is the price that Goodrich must pay to use an investor’s money. This price compensates the investor for taking business, financial and inflation risks, he said. “People that put money into Goodrich expect a return for it,” he said. At B. F. Goodrich the cost of capital is a pervasive part of the planning process, which includes strategic planning, money allocation and appropriation requests to cover potential financial risks when buying capital. “B.F. Goodrich uses the cost of capital as an underlying concept,” Wooldredge said. In his second presentation Wooldredge spoke about foreign exchange manage ment which he said is how management can effectively deal with currency expo sure. Currency exposure is the value of as sets, liabilities, receipts and disburse ments when they are converted from foreign currencies to the U.S. dollar. A currency exposure management sys tem, Wooldredge said, handles currency, uses an information system to report the currency exposure and develops a corpo rate risk policy. Goodrich adopted such a management system about five years ago, he said. The system, he explained, uses techniques to limit losses and reduce the risk of currency exposure. In concluding yesterday morning’s pres entations Wooldredge emphasized the importance of currency exposure manage ment to a multi-national firm. He said that monitoring and controlling potential losses due to shifting currency values is essential where significant currency exposures are involved. In the afternoon Wooldredge spoke about the B. F. Goodrich financial career development program. He said that the idea behind the program is to hire high potential people, mostly with a master s in business adninistration, and employ them for three to five years in meaningful jobs where they will gain experience. “We expect these people to move ahead quickly,” he said, noting that they are promoted to a competitive executive level earning between $30,000 and $40,000 per year. Having coffee with students and faculty after his final presentation, Wooldredge said that he has been with Goodrich for five yearsi He finds it a fascinating oppor tunity, he said. SALE MUST END!! FINAL PRICE SLASHES TIME HAS RUN DUT. Everything is reduced so much we’re practically going to GIVE IT Wall ToWall * “Mr I l Additional Reduction Given At THE ALREADY LOW SALE TAGS Cash Register ll "" You Must See It To Believe It! Buy at Cost! Buy Below Cost! WESTERN WEAR HOUSE __ 100 S. 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