Absenteeism is the term generally used to spread to rash worker absences from the place of work. Many factors behind absenteeism are legal personal health problems or family issues for example but absenteeism also can often be followed to other factors such as a reduced work place or employees who are not devoted to their careers. If such absences become extreme they can have a critically negative crash on the business's operations and finally its success.
A three part model of organizational determination was used to review job removal intentions proceeds and absenteeism. Affective commitment emerged as the utmost reliable analyst of these result variables and was the only view of commitment related to turnover and also to absenteeism.
Slogan - sense and simplicity
Key people- Founder - Gerard Philips
Chairman- Michiel Hessels
Employees- 121, 400 in 2007
The company was founded by Gerard Philips and established on 1891, in Eindhoven, holland. Its first product was light bulbs. Within the 1920s, the business started to produce other products, like-
Vacuum tubes (also known worldwide as 'valves'),
In 1939 they unveiled their electric shaver,
Also on March 11, 1927 Philips continued mid-air with a station called PCJ now known as Radio Netherlands.
In 1950, company unveiled Philips Information.
After the product Philips launches Compact Cassette tape in 1963 which was wildly successful. This is mainly utilized for dictation machines for office typing stenographers and professional journalists.