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Questions and Answers

When was PLDT given the franchise to establish and operate telephone services?

  • October 15, 1925
  • November 28, 1928 (correct)
  • December 1, 1930
  • August 12, 1932
  • What was the main goal of the law that gave birth to PLDT?

  • To create separate networks for each city
  • To interconnect disconnected phone systems into a nationwide network (correct)
  • To disconnect towns from each other
  • To limit communication within small cities
  • Who was the first president of PLDT?

  • Theodore Vail Halsey (correct)
  • General Manager
  • GTE Representative
  • Major J.E. Hamilton Stevenot
  • What was the state of phone networks before PLDT's establishment?

    <p>Like disconnected intercom systems</p> Signup and view all the answers

    Why did the need for a nationwide network become crucial?

    <p>To facilitate communication amongst loved ones and across the country</p> Signup and view all the answers

    What was one of the key goals of establishing PLDT according to the text?

    <p>To spur economic development in the countryside</p> Signup and view all the answers

    What was the country's first landline texting service introduced by PLDT?

    <p>Text 135</p> Signup and view all the answers

    In which year did PLDT introduce a pioneering prepaid landline service allowing subscribers to load up their phones with a P500-load?

    <p>2002</p> Signup and view all the answers

    Who was appointed as Chairman of the Board of PLDT in 2004?

    <p>Manuel V. Pangilinan</p> Signup and view all the answers

    What problem is mentioned as a regular issue faced by PLDT in everyday life?

    <p>Complaints about loss of internet and internet speed</p> Signup and view all the answers

    What did PLDT invest in extensively to ensure the employment of a large number of skilled and motivated employees?

    <p>Training of employees</p> Signup and view all the answers

    How does PLDT benefit from having a diversified workforce?

    <p>Bringing in diverse ideas and methodologies</p> Signup and view all the answers

    What is the basis of the Company's internal control system?

    <p>COSO Framework</p> Signup and view all the answers

    Who is responsible for establishing and maintaining adequate internal controls according to the text?

    <p>Management</p> Signup and view all the answers

    What does the Audit Committee assist the Board with regarding internal controls?

    <p>Fulfilling oversight responsibilities</p> Signup and view all the answers

    What does the COSO Framework define internal control as?

    <p>A process effected by the Board, Management, and personnel</p> Signup and view all the answers

    When does the Company disclose its assessment of internal control over financial reporting?

    <p>Annually</p> Signup and view all the answers

    What are the three categories that the internal control system aims to provide reasonable assurance in?

    <p>Effectiveness, Compliance, Financial Reporting</p> Signup and view all the answers

    What is the purpose of the self-assessment questionnaires mentioned in the text?

    <p>To assess the performance and compliance of the Board and Board Committees</p> Signup and view all the answers

    What criteria are included in the Board Self-Assessment Questionnaire?

    <p>Leadership, Independence, Reporting and Disclosure</p> Signup and view all the answers

    How often are the Company's CG policies, including the Code of Ethics, reviewed?

    <p>Once every two years</p> Signup and view all the answers

    Which criteria are included in the Board Committee Self-Assessment Questionnaire?

    <p>Performance &amp; Compliance</p> Signup and view all the answers

    Why are the results of the assessment process reported to the Board?

    <p>To discuss as necessary</p> Signup and view all the answers

    What specific duties and responsibilities are examined in the self-assessment questionnaires for individual Directors?

    <p>Specific duties and responsibilities of a director</p> Signup and view all the answers

    What is one of the special features of PLDT's product range?

    <p>Volume based plans</p> Signup and view all the answers

    Which subsidiary organization of PLDT operates in wireless cellular service?

    <p>Smart</p> Signup and view all the answers

    What is PLDT's pricing strategy based on?

    <p>Competitor offerings analysis</p> Signup and view all the answers

    What does PLDT believe in providing to its customers?

    <p>Premium packages</p> Signup and view all the answers

    Which of the following is NOT offered by PLDT in its smart home plans?

    <p>Gaming consoles</p> Signup and view all the answers

    What distinguishes PLDT's packages from some competitors?

    <p>Limited data capping</p> Signup and view all the answers

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