science

RFM Corporation

RFM Corporation is a science topic covered in the lgStudy science library. This page brings together a partial reference excerpt, illustrations, worked examples, real-world applications and a short study plan, so you can understand RFM Corporation rather than just read about it. In short: RFM Corporation (PSE: RFM) is a publicly listed food and beverage company in the Philippines. RFM is a manufacturer of flour and flour-based products, milk, juice drinks, and ice cream.

Key takeaways

RFM Corporation belongs to science; place it in that map before memorising details.
Learn the definition first, then one example that makes the definition concrete.
Connect RFM Corporation to a quantity you can measure, compute or draw — that is where exam questions come from.
Reproduce the core statement of RFM Corporation from memory before moving on to harder problems.

Reference excerpt

RFM Corporation (PSE: RFM) is a publicly listed food and beverage company in the Philippines. RFM is a manufacturer of flour and flour-based products, milk, juice drinks, and ice cream. As of June 2013, RFM had an asset base of P12 billion and a total market capitalization of P17.1 billion.

History Its founders included Salvador Z. Araneta, José N. Concepcion Sr., B.J. Server, Albino Z. SyCip, Zoilo Alberto, Francisco D. Gamboa, Edward Miller Grimm, Leonardo Eugenio, David SyCip and Charles "Chick" Parsons. In 1973, RFM entered into an exclusive licensing agreement with Swift & Company to use the brand "Swift" for its meat processing business (in 1987, RFM purchased ownership rights for its exclusive use in the Philippines). For the next 15 years, RFM concentrated on growing its established core businesses and also introduced other grocery products, such as cake mixes, hotcake mixes, and ingredient mixes. As it entered the 1990s, RFM began acquiring of a number of local companies and established partnerships with foreign companies. In 1994, RFM divested its interest in hog operations and the poultry operations became known as Swift Foods Inc. (SFI). In 1995, RFM Properties and Holdings, Inc. was established to consolidate RFM's real estate assets as well as break into the property development business. Between 1995 and 2000, RFM briefly ventured into noodle manufacturing, tuna processing, bakeshop business with the acquisition of the Rolling Pin trademark, food franchising (Little Caesars Pizza and Dairy Queen) and thrift banking (Consumer Bank). In 1999, RFM formed a partnership with Unilever (through its Philippine subsidiary) to produce Selecta ice cream under the joint-venture company, Selecta Walls Inc., (now Unilever-RFM Ice Cream Inc.). In 2001, RFM sold its soft drink subsidiary Cosmos Bottling Corporation ("Pop Cola" brand ) to Coca-Cola Bottlers Philippines Inc. (now known as Coca-Cola Beverages Philippines Inc.), from San Miguel Corporation and The Coca-Cola Company. Cosmos continued to be listed in the Philippine Stock Exchange until 2013. Thus, unfortunately making sure that Cosmos didn't get to see its centenary which would have happened in 2018. In 2003, RFM spun off Swift Foods Inc., which formerly operated RFM's Swift poultry business, to become a separately owned company. By the end of the first decade of the 2000s, RFM significantly reduced its holdings in Philtown Properties, Inc. after 66% of the outstanding shares were declared as property dividends in 2008 and 15% in 2009.

Recent developments In November 2012, RFM sold its Swift processed meat business to the Pacific Meat Company, Inc. (now Century Pacific Food, Inc.) RFM said the transaction's total value could reach between P800 million and P850 million. In January 2014, RFM acquired the Royal pasta brand from Unilever Philippines for $47.8 million (around P2.1 billion). RFM's Fiesta brand was then the top pasta brand in the Philippines, while the Royal brand came second.

Brands

Corporate social responsibility RFM Foundation Inc. is the social development arm of the company. Among its notable projects are the Ten Outstanding Students of the Philippines and Project Pagsulong. The Ten Outstanding Students of the Philippines seeks to honor students who made excellent academic performances and their contributions to society. Project Pagsulong invites young Filipinos to form a team and come up with innovative business ideas good enough to stand against proposals from other teams, as well as viable enough to provide real-life solutions for alleviating poverty.

Worked examples

Example 1 — a first encounter with RFM Corporation

Start with the simplest possible case. Write down what RFM Corporation claims or describes in one sentence, then invent the smallest concrete situation in which that sentence is true. In science, the smallest case is usually a single object, a single equation or a single measurement. Check that every symbol or term in your sentence has a meaning in that case.

Example 2 — changing one variable

Take the situation from Example 1 and change exactly one quantity: double it, halve it, or set it to zero. Predict what should happen to RFM Corporation before you calculate. Comparing your prediction with the result is the fastest way to find out whether you understand the idea or only the words.

Example 3 — an exam-style question

Typical questions about RFM Corporation ask you to (a) state it precisely, (b) apply it to given data, and (c) explain a limitation. Practise writing all three answers in under five minutes; the third part is what separates a full-mark answer from an average one.

Applications of RFM Corporation

In research: RFM Corporation appears in science research whenever the underlying quantities have to be modelled precisely. Papers usually cite it as a starting assumption and then explore where it breaks down.
In technology and industry: Engineering practice reuses RFM Corporation in design rules, simulations and safety margins. Knowing the idea lets you read a specification sheet and understand why the numbers look the way they do.
In the classroom: RFM Corporation is common in secondary-school and first-year university syllabi. It links to neighbouring topics 1957 establishments in the Philippines, Baking mixes, Companies based in Mandaluyong, so understanding it makes those chapters shorter.
In everyday life: Look for RFM Corporation outside the textbook — in sport, cooking, traffic, electronics or the sky above you. An example you found yourself is remembered far longer than one you were given.

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How to study RFM Corporation in 20 minutes

Read the reference excerpt below once, without taking notes.
Close the page and write down what RFM Corporation means in your own words.
Compare your version with the excerpt and mark what you missed.
Work through the three examples above with pen and paper.
Explain RFM Corporation out loud to somebody else — or to Teacher Smith in the lgStudy chat.

Frequently asked questions

What is RFM Corporation in simple terms?

RFM Corporation (PSE: RFM) is a publicly listed food and beverage company in the Philippines. RFM is a manufacturer of flour and flour-based products, milk, juice drinks, and ice cream.

Why does RFM Corporation matter?

Because it connects several science ideas at once: it gives you a definition you can apply, a quantity you can calculate, and a way to check whether a result is plausible.

How should I study RFM Corporation?

Read the excerpt, restate it from memory, then work through the examples and applications listed on this page. The five-step study plan above takes about twenty minutes.

What does this page cover?

It gives you a compact reference excerpt plus original lgStudy explanations, examples, applications and study material on RFM Corporation.