Managing Change Paper Part 3 Essay Example | Topics and Well Written Essays - 250 words

Managing Change Paper Part 3 - Essay Example Most of the times, the management of the company recognize and then exploit the new potentials that seem dormant in the organization (Duncan, 1998). The changes that are done to the organization have three basic stages that they follow to make sure that the changes occur in a manner needed by the organization. The first stage involves the realization that the current strategies are not suitable for the situations of the organization (Duncan, 1998). The second stage that the change undergoes is the establishment of vision for the future of the company. The last stage that Facebook organization undergoes is implementing the changes and making new systems that supports the changes to be done. The major change that Facebook organization have undergone is the technological change that is introduced as components of large strategic change (Duncan, 1998). A most important aspect in technological change is that it determines the person in the organization that is threatened by the change that

Why has feminism not been able to remove all sources of gender Essay

Why has feminism not been able to remove all sources of gender discrimination - Essay Example This essay "Why has feminism not been able to remove all sources of gender discrimination?" outlines the possible reasons why the women haven’t achieved the due recognition and the feminism movement. Apart from the pre conceived mindset of men being the superior forces, the cultural barriers and the cultural mindset that believes the man to be in a stronger position from different perspectives should be eliminated and equal opportunity and equal capability based mindset should be harnessed which will allow for the gender discrimination to get eliminated. The report published showing the findings from Great Britain institutions also come along with recommendations. Few of these include the introduction of clauses where the political parties are bound to increase the number of seats that they must dedicate to women. Similarly, other business enterprises, both private and government assisted must reserve quota for women which will allow for more inclusion of women. The lack of skilled women and the lack of women who can meet and fulfill the criteria of becoming the top heads of the business organizations or the government institutions or the political parties, all these would require women to be equipped in an effective manner. The need is to impart true means of education and empowerment amongst the women from grass root level. Policies and actions must be devised which will help the women in a longer run towards becoming an equal and effective members of the society and decision-making corridors.

The origin of species Essay Example for Free

The origin of species Essay John Keats is also poet from the 19th century just the same as Charles Darwin. Keats has the artistic, colorful approach to life. Keats writes expressively and in short punchy sentences that are full of meaning and conciseness. MY heart aches, and a drowsy numbness pains My sense, as though of hemlock I had drunk, These are only a couple of phrases that can be used to describe Keatss approach to life. Both of these quotes are from his poem, Ode to a Nightingale, that was written in 1884 and published in 1888. It is obvious throughout this poem, that Keats is thinking carefully about the words that he is using and the way in which he can produce this text as being heart felt and sympathetic as possible. Keats writes as though he is in a dream time and is trying to find a way out. Throughout the poem, you start to get a feeling that he is going to commit suicide or do something terrible that will affect his life forever if he goes through with it. This is seen in the following two quotes. Tis not through envy of thy happy lot, But being too happy in thine happiness,- Keats also uses the form of writing that involves the adventurous type of writing. Keats does this in the way that he can capture his readers in a way that makes it exciting for us to read as a reader. This is done through many lines including all of the beginning, ending and the body of the poem. But on the viewless wings of Poesy, Though the dull brain perplexes and retards: Already with thee! tender is the night, And haply the Queen-Moon is on her throne, Throughout the poem, Keats, makes reference to the fact that he is planning to commit suicide. This comes up too many times to let fly by. The fact that Keats makes reference to this is a problem in itself. This problem is that he is a famous writer and very well known for his pieces. It would be a shame for him to now be known as a suicidal freak who couldnt handle the pressure of his family and his work. That I might drink, and leave the world unseen, And with thee fade away into the forest dim: Keats also writes similar to Charles Darwin in the way that they both leave the paragraphs with you thinking of what is going to happen next and makes you get the feeling of should I keep reading. Keats does this in nearly all of his paragraphs and they are all successful. Chapter 1 Of perilous seas, in faery lands forlorn. Chapter 2 To thy high requiem become a sod. Chapter 3 The murmurous haunt of flies on summer eves Chapter 4 Through verdurous glooms and winding mossy ways. Chapter 5 Or new Love pine at them beyond to-morrow. Chapter 6 And with thee fade away into the forest dim: Chapter 7 Singest of summer in full-throated ease. Chapter 8 Fled is that music:-Do I wake or sleep? John Keats and Charles Darwin both have different styles of writing. Charles Darwin writes in the logical, scientific, rational way and Keats writes with the colorful, artistic and romantic style of writing. Although they both write in their own styles, they can relate their writing to the same thing in the same way. Artistical and Scientifical writing are both styles of writing and they can both be used in the same piece at exactly the same time. Show preview only The above preview is unformatted text This student written piece of work is one of many that can be found in our GCSE John Keats section.

Form, Duration and Participation :: essays papers

Form, Duration and Participation There are three main structural features that are used to emphasize professional development for the teachers: Form, duration and participation. Form: Is basically the format that the professional development enrichment was taught or relayed to the teachers. There are two different types of activities to emphasize form of professional development. One type is reform activities which may include â€Å"study group, teacher network, mentoring relationship, committee or task force, internship, individual research project, or teacher resource center†(Birman, Desimone, Garet, and Porter, p.29). These activities require or almost force the teacher to interact with others who have a knowledge base of professional development. These activities aren’t just the teacher sitting and being instructed on what they as teachers should incorporate in the teaching policies but they are interacting and seeing what other teachers have done who may be similar to them (meaning teaching at the same school or the same grade) and what did and did not work for them in teaching activities to their class. The second activity is the basic wo rkshop or conference, which doesn’t necessarily, gives the teachers a chance to interact. Form all in all is the format in which the professional development skills are communicated to the teacher. Duration: This structure just raises the question of the amount of time spent in learning new innovations of professional development. Through research it has been proven that with a long span of duration in structure of professional development the outcome is more elaborate and effective. According to Designing Professional Development that Works â€Å"longer duration have more subject area content focus, more opportunities for active learning, and more coherence with teachers’ other experiences than do shorter activities†. This encourages professional development enrichment to be over a period of time to ensure that the teachers are grasping everything possible from the professional development enhancement. Participation: This structure is how the teacher interacts during the professional development. The question that is raised here is â€Å"Did groups of teachers from the same school, department, or grade level participate collectively, or did teachers from different schools individually?† (Birman, Desimone, Garet, and Porter, p.29). For the professional development to be most effective it’s insisted that teachers not only participate in the professional development improvements but collectively participate. Collective participation is the collaboration of teachers who may work within the same school, subject area, or grade level. Some of the advantages of collective participation are that the teachers may be able to tell one another a specific aspect of teaching that is helpful for teaching or a specific aspect that wasn’t as useful. Form, Duration and Participation :: essays papers Form, Duration and Participation There are three main structural features that are used to emphasize professional development for the teachers: Form, duration and participation. Form: Is basically the format that the professional development enrichment was taught or relayed to the teachers. There are two different types of activities to emphasize form of professional development. One type is reform activities which may include â€Å"study group, teacher network, mentoring relationship, committee or task force, internship, individual research project, or teacher resource center†(Birman, Desimone, Garet, and Porter, p.29). These activities require or almost force the teacher to interact with others who have a knowledge base of professional development. These activities aren’t just the teacher sitting and being instructed on what they as teachers should incorporate in the teaching policies but they are interacting and seeing what other teachers have done who may be similar to them (meaning teaching at the same school or the same grade) and what did and did not work for them in teaching activities to their class. The second activity is the basic wo rkshop or conference, which doesn’t necessarily, gives the teachers a chance to interact. Form all in all is the format in which the professional development skills are communicated to the teacher. Duration: This structure just raises the question of the amount of time spent in learning new innovations of professional development. Through research it has been proven that with a long span of duration in structure of professional development the outcome is more elaborate and effective. According to Designing Professional Development that Works â€Å"longer duration have more subject area content focus, more opportunities for active learning, and more coherence with teachers’ other experiences than do shorter activities†. This encourages professional development enrichment to be over a period of time to ensure that the teachers are grasping everything possible from the professional development enhancement. Participation: This structure is how the teacher interacts during the professional development. The question that is raised here is â€Å"Did groups of teachers from the same school, department, or grade level participate collectively, or did teachers from different schools individually?† (Birman, Desimone, Garet, and Porter, p.29). For the professional development to be most effective it’s insisted that teachers not only participate in the professional development improvements but collectively participate. Collective participation is the collaboration of teachers who may work within the same school, subject area, or grade level. Some of the advantages of collective participation are that the teachers may be able to tell one another a specific aspect of teaching that is helpful for teaching or a specific aspect that wasn’t as useful.

Battle Royal

Battle Royal Ralph Ellison begins the short story, â€Å"Battle Royal†, in some what of a state of confusion. The nameless narrator informs the reader that he has been essentially lost in the early twenty years of his life. The narrator’s grandfather adds to his confusion and the overall purpose of the story. While on his death bed, the grandfather claims to be a traitor and a spy. He charges his family to â€Å"overcome ‘em with yesesâ€Å"(258, paragraph 2) and â€Å"undermine ‘em with grins†(258, paragraph 2) as he lays preparing for death. A point that the narrator subconsciously internalized, the reader sees through the series of actions and point of view of the narrator the use of role playing among blacks. For if this method is followed, blacks are able to refuse internally to accept second class status, protect their own self respect, and avoid betraying themselves or each other. The grandfather’s words had a tremendous effect on the psyche of the narrator. Almost like a puzzle that couldn’t be solved that lay in the back of his mind. At points he found his self resenting his grandfather’s words regardless of the success he obtained. In spite of this, he still could see his self through his actions carrying out his grandfather’s advice of meekness and humility towards the white man. On the narrator’s graduation day he delivered a speech which showed that â€Å"humility was the secret, indeed, the very essence of progress. †(248, paragraph 3). For this speech, he gained praise from the white men of the town, because he exhibited the attitude that the white man thought to be â€Å"desirable conduct†(248, paragraph 3). He was then invited to give the speech on behalf of the town’s leading officials. Ellison uses the example of the narrator’s speech of humility to show that the white man in that time period can be manipulated. The narrator conveys humbleness in his speech to the white man, without showing any idea of equality to him. In return, the narrator is rewarded and invited to give his speech among more â€Å"white men†. This being an achievement that the socially conscious black man pushing for equality would have never accomplished during this time period. Upon arrival at the town meeting to give his speech he quickly realizes that it is not exactly what he had been expecting. He was then convinced or almost forced to participate in a Battle Royal amongst other black males who were not there to give any type of speech. The Battle Royal included several acts of self degradation towards the narrator and other black males. Through these actions we can see that the white men saw blacks as animals, and that the narrator was no different. Regardless of whether he was there for a speech or not, he was still forced to participate. In this way the white men showed their superior attitude towards the black males, the attitude that his grandfather taught him how to overcome with humility. As Ellison points out by saying, â€Å"They were tough guys who seemed to have no grandfather’s curse worrying their minds†¦Ã¢â‚¬ ¦.. In those pre-invisible days I visualized myself as a potential Booker T. Washington†(248- 249, paragraph 4). The narrator not only shows humility in his speech but also through the scenes that take place in Battle Royal. He keeps the thought of his grandfather’s words at the fore front of his mind, as he goes through the harsh acts forced upon him by the white men during the battle royal, in hopes of giving his speech. In fact, the narrator was abused brutally both mentally and physically to the point where he could barely stand. Yet he still was persistent in wanting to give his speech. Ellison in this scene shows how blacks must be strong minded and willing to become completely humble in the eyes of the white man in order for the method to work. After the battle royal, the narrator was finally able to give his speech among the white men. Notably, after he was already dismissed with the other black males and then told to come back. The narrator relishes at the thought of giving his speech and begins to speak amongst the white men. It was not until his mouth began to dry and fill up with blood from his wounds, that he realized the white men were still laughing and talking. With thoughts of giving up and leaving in his head, he decided to continue with his speech. As he proceeded, the white men yelled for him to repeat words that were of three or more syllables, mocking him. He made a mistake and yelled social equality as the white men taunted him. The white men quickly put him in his place. Once the narrator was finished, he was presented with a briefcase and scholarship to a negro college. The scene of the final speech demonstrated how even though the white men did not respect him they still granted him with a briefcase and a scholarship. They did this because he exhibited once again humility towards them, making them feel superior. The second he mentioned the word â€Å"equality† he was quickly corrected, for they did not believe blacks and whites could be equal. By showing humbleness, the nameless nar rator gained exactly what he wanted from the white man without pushing for equality externally but internally. Battle Royal Battle Royal Ralph Ellison begins the short story, â€Å"Battle Royal†, in some what of a state of confusion. The nameless narrator informs the reader that he has been essentially lost in the early twenty years of his life. The narrator’s grandfather adds to his confusion and the overall purpose of the story. While on his death bed, the grandfather claims to be a traitor and a spy. He charges his family to â€Å"overcome ‘em with yesesâ€Å"(258, paragraph 2) and â€Å"undermine ‘em with grins†(258, paragraph 2) as he lays preparing for death. A point that the narrator subconsciously internalized, the reader sees through the series of actions and point of view of the narrator the use of role playing among blacks. For if this method is followed, blacks are able to refuse internally to accept second class status, protect their own self respect, and avoid betraying themselves or each other. The grandfather’s words had a tremendous effect on the psyche of the narrator. Almost like a puzzle that couldn’t be solved that lay in the back of his mind. At points he found his self resenting his grandfather’s words regardless of the success he obtained. In spite of this, he still could see his self through his actions carrying out his grandfather’s advice of meekness and humility towards the white man. On the narrator’s graduation day he delivered a speech which showed that â€Å"humility was the secret, indeed, the very essence of progress. †(248, paragraph 3). For this speech, he gained praise from the white men of the town, because he exhibited the attitude that the white man thought to be â€Å"desirable conduct†(248, paragraph 3). He was then invited to give the speech on behalf of the town’s leading officials. Ellison uses the example of the narrator’s speech of humility to show that the white man in that time period can be manipulated. The narrator conveys humbleness in his speech to the white man, without showing any idea of equality to him. In return, the narrator is rewarded and invited to give his speech among more â€Å"white men†. This being an achievement that the socially conscious black man pushing for equality would have never accomplished during this time period. Upon arrival at the town meeting to give his speech he quickly realizes that it is not exactly what he had been expecting. He was then convinced or almost forced to participate in a Battle Royal amongst other black males who were not there to give any type of speech. The Battle Royal included several acts of self degradation towards the narrator and other black males. Through these actions we can see that the white men saw blacks as animals, and that the narrator was no different. Regardless of whether he was there for a speech or not, he was still forced to participate. In this way the white men showed their superior attitude towards the black males, the attitude that his grandfather taught him how to overcome with humility. As Ellison points out by saying, â€Å"They were tough guys who seemed to have no grandfather’s curse worrying their minds†¦Ã¢â‚¬ ¦.. In those pre-invisible days I visualized myself as a potential Booker T. Washington†(248- 249, paragraph 4). The narrator not only shows humility in his speech but also through the scenes that take place in Battle Royal. He keeps the thought of his grandfather’s words at the fore front of his mind, as he goes through the harsh acts forced upon him by the white men during the battle royal, in hopes of giving his speech. In fact, the narrator was abused brutally both mentally and physically to the point where he could barely stand. Yet he still was persistent in wanting to give his speech. Ellison in this scene shows how blacks must be strong minded and willing to become completely humble in the eyes of the white man in order for the method to work. After the battle royal, the narrator was finally able to give his speech among the white men. Notably, after he was already dismissed with the other black males and then told to come back. The narrator relishes at the thought of giving his speech and begins to speak amongst the white men. It was not until his mouth began to dry and fill up with blood from his wounds, that he realized the white men were still laughing and talking. With thoughts of giving up and leaving in his head, he decided to continue with his speech. As he proceeded, the white men yelled for him to repeat words that were of three or more syllables, mocking him. He made a mistake and yelled social equality as the white men taunted him. The white men quickly put him in his place. Once the narrator was finished, he was presented with a briefcase and scholarship to a negro college. The scene of the final speech demonstrated how even though the white men did not respect him they still granted him with a briefcase and a scholarship. They did this because he exhibited once again humility towards them, making them feel superior. The second he mentioned the word â€Å"equality† he was quickly corrected, for they did not believe blacks and whites could be equal. By showing humbleness, the nameless nar rator gained exactly what he wanted from the white man without pushing for equality externally but internally. Battle Royal Battle Royal Ralph Ellison begins the short story, â€Å"Battle Royal†, in some what of a state of confusion. The nameless narrator informs the reader that he has been essentially lost in the early twenty years of his life. The narrator’s grandfather adds to his confusion and the overall purpose of the story. While on his death bed, the grandfather claims to be a traitor and a spy. He charges his family to â€Å"overcome ‘em with yesesâ€Å"(258, paragraph 2) and â€Å"undermine ‘em with grins†(258, paragraph 2) as he lays preparing for death. A point that the narrator subconsciously internalized, the reader sees through the series of actions and point of view of the narrator the use of role playing among blacks. For if this method is followed, blacks are able to refuse internally to accept second class status, protect their own self respect, and avoid betraying themselves or each other. The grandfather’s words had a tremendous effect on the psyche of the narrator. Almost like a puzzle that couldn’t be solved that lay in the back of his mind. At points he found his self resenting his grandfather’s words regardless of the success he obtained. In spite of this, he still could see his self through his actions carrying out his grandfather’s advice of meekness and humility towards the white man. On the narrator’s graduation day he delivered a speech which showed that â€Å"humility was the secret, indeed, the very essence of progress. †(248, paragraph 3). For this speech, he gained praise from the white men of the town, because he exhibited the attitude that the white man thought to be â€Å"desirable conduct†(248, paragraph 3). He was then invited to give the speech on behalf of the town’s leading officials. Ellison uses the example of the narrator’s speech of humility to show that the white man in that time period can be manipulated. The narrator conveys humbleness in his speech to the white man, without showing any idea of equality to him. In return, the narrator is rewarded and invited to give his speech among more â€Å"white men†. This being an achievement that the socially conscious black man pushing for equality would have never accomplished during this time period. Upon arrival at the town meeting to give his speech he quickly realizes that it is not exactly what he had been expecting. He was then convinced or almost forced to participate in a Battle Royal amongst other black males who were not there to give any type of speech. The Battle Royal included several acts of self degradation towards the narrator and other black males. Through these actions we can see that the white men saw blacks as animals, and that the narrator was no different. Regardless of whether he was there for a speech or not, he was still forced to participate. In this way the white men showed their superior attitude towards the black males, the attitude that his grandfather taught him how to overcome with humility. As Ellison points out by saying, â€Å"They were tough guys who seemed to have no grandfather’s curse worrying their minds†¦Ã¢â‚¬ ¦.. In those pre-invisible days I visualized myself as a potential Booker T. Washington†(248- 249, paragraph 4). The narrator not only shows humility in his speech but also through the scenes that take place in Battle Royal. He keeps the thought of his grandfather’s words at the fore front of his mind, as he goes through the harsh acts forced upon him by the white men during the battle royal, in hopes of giving his speech. In fact, the narrator was abused brutally both mentally and physically to the point where he could barely stand. Yet he still was persistent in wanting to give his speech. Ellison in this scene shows how blacks must be strong minded and willing to become completely humble in the eyes of the white man in order for the method to work. After the battle royal, the narrator was finally able to give his speech among the white men. Notably, after he was already dismissed with the other black males and then told to come back. The narrator relishes at the thought of giving his speech and begins to speak amongst the white men. It was not until his mouth began to dry and fill up with blood from his wounds, that he realized the white men were still laughing and talking. With thoughts of giving up and leaving in his head, he decided to continue with his speech. As he proceeded, the white men yelled for him to repeat words that were of three or more syllables, mocking him. He made a mistake and yelled social equality as the white men taunted him. The white men quickly put him in his place. Once the narrator was finished, he was presented with a briefcase and scholarship to a negro college. The scene of the final speech demonstrated how even though the white men did not respect him they still granted him with a briefcase and a scholarship. They did this because he exhibited once again humility towards them, making them feel superior. The second he mentioned the word â€Å"equality† he was quickly corrected, for they did not believe blacks and whites could be equal. By showing humbleness, the nameless nar rator gained exactly what he wanted from the white man without pushing for equality externally but internally.

Animal Sounds in Spanish

If a cow says moo in English, what does it say in Spanish? Mu, of course. But, when we are talking about the sounds that animals make in different languages, it is not always that simple. Although the words we give to animal sounds are an example of onomatopoeia (onomatopeya, in Spanish)—words that are intended to imitate sounds—those sounds are not perceived the same way in all languages or cultures. Spanish Terms Vary by Country and Culture Keep in mind that some of these terms can vary by country  and that there very well may be other, additional terms in use. (Having a variation of the terms should not be surprising—consider how in English we use a variety of words to imitate the sound a dog makes, such as bark, bow-wow, ruff-ruff, and arf.) There also may be a variety of spelling alternatives to these animal sounds. Also, note that in Spanish, it is possible to use the verb hacer (to do) to put a sound in verb form. For example, one could say The pig oinks by saying El cerdo hace oink-oink. List of Animal Sounds in Spanish The following list of animal noises shows the sounds made by various Spanish-speaking animals. You will notice that some terms are similar to English, such as abeja  (bee) sounding like bzzz  similar to  our buzz. Special verb forms, where they exist, are noted in parenthesis following the word(s) for the animal sound. English forms follow the dash. See the animal sounds in Spanish below, as compiled by Catherine Ball of the Department of Linguistics at Georgetown University: abeja (bee): bzzz (zumbar) — buzzbà ºho (owl): uu uu (ulular) — who, hoo, hootburro (donkey): iii-aah (rebuznar) — heehawcaballo (horse): jiiiiiii, iiiiou (relinchar) — neigh, n-a-a-a-ycabra (goat): bee bee (balar) — b-a-a-a-acerdo (pig): oink-oink, oinc-oinc (grunir) — oinkcuco (cuckoo): cà ºcu-cà ºcu — cuckoocuervo (crow): cruaaac-cruaaac — cawgallina (hen): coc co co coc (cacarear), kara-kara-kara-kara — cluckgallo (rooster): kikirikà ­, ki-kiri-ki (cantar) — cock-a-doodle-doogato (cat): miau (maullar) — meowleà ³n (lion): grrrr, grgrgr (rugir) — roar, growlmono (monkey): i-i-ioveja (sheep): bee, mee (balar) — b-a-a-a-hpaloma (dove): cu-curru-cu-cà º (arrullar)) — coopato (duck): cuac cuac — quackpavo (turkey): gluglà º — gobbleperro (dog): guau guau, guau (ladrar) — bark, bow-wow, arf, ruffpollito (chick): pà ­o pà ­o — chirprana (frog): cruà ¡ c ruà ¡, berp, croac (croar) — ribbit, croaktigre (tiger): ggggrrrr, grgrgr (rugir) — roar, growlvaca (cow): mu, muuu (mugir) — moo

Ratio Analysis And Liquidity Ratios Finance Essay - Free Essay Example

Sample details Pages: 4 Words: 1310 Downloads: 2 Date added: 2017/06/26 Category Finance Essay Type Narrative essay Did you like this example? As we can see that the highest current ratio among 2005-2009 is belong to year 2007 which is 1.23. Generally, the higher the current ratio means the better of the firm financial performance. But in year 2009, current ratio decrease to 1.04. Don’t waste time! Our writers will create an original "Ratio Analysis And Liquidity Ratios Finance Essay" essay for you Create order It does not seem well in the financial performance of the firm. As we can see that the overall current ratio graph is show unstable while current ratio increase in the first three years and decline in year 2008 and 2009. Moving on to Quick ratio of texchem group, we can clearly see that the best year in quick ration is belonging to year 2007 which resulting 1.01 after excluded inventory of the firm. The reason of calculate quick ratio is to determine how much inventory occupy in the firm. Generally, investor will focus on quick ratio rather than current ratio. For texchem group in year 2007, we can see that the inventory of the firm in that year is not much, the reason may be because of the inventory turnover in year 2007 is high, so that firm do not hold so much of inventory. Therefore the quick ratio of year 2007 is above 1 compare to other years. Activity Ratios This section of activity ratio measure about the firm activities aspects of Texchem group performance among year 2005 to 2009. In activity ratio, we will discuss on inventory turnover, average collection period in times, and average payment period in times. Below show the inventory turnover of Texchem group from year 2005 to 2009. According to the result show in the inventory graph above, we can see the inventory turnover of Texchem in year 2007 and 2008 are the same high which result of 17.37 and 17.38 times. It is almost the same in these two years. In year 2005, inventory turnover is 13 times but slightly decrease in year 2006 to 12.81. In year 2006 to 2007, we can say that was a critical moment among the year. May be because of the economy of year 2007 is doing well, that is why the inventory turnover increase rapidly from 12.81 to 12.37. Although in year 2008 is the global economy crisis, but it seem does not affect Texchem performance. Graph above showing the average co llection period of Texchem group from year 2005 to 2009. Average collection period meaning how fast for a firm take time to collect back the money from daily sale on credit. In finance view, the faster a firm can collect back the money which on credit meaning the better of the firm financial. For Texchem group, in the first three from 2005 to 2007 are almost the same which is 0.20 to 0.21 times annually. But in 2008, because of increase in sale and decrease in account receivable, so it affect the average collection period during the year. In my opinion, there is also another reason on why the average collection period in year 2008 was decrease. On my view, year 2008 was economy crisis year which affect every firmacirc;â‚ ¬Ã¢â€ž ¢s financial performance, for those firm who dealing with Texchem may be required to extend the payment period in order for them to ride off from the storm. For Texchem group itself, they also hope every firm who deal with them are able to pay them back in this hard situation. So they are willing to extend the collection period to their customer. Average payment period for Texchem group is showing on above. The highest payment time is in year 2009. This was because of decreasing in purchases. From RM49, 319,331 in year 2008 decrease to RM20, 912,618 in year 2009. There was RM28, 406,713 gap between 2008 and 2009. From year 2005 to year 2007, Texchem group purchases and invest minimum of RM32, 022,911 and maximum of RM37, 003,539 in property. This made the firm have to pay much more times within a year. However, in year 2009, it seem Texchem does not manage their finance very well. As resulted in the annual report of Texchem group, in year 2009, account payable of Texchem group was increase to RM157, 865,237 from RM149, 806,355. This made Texchem group have to pay more compare to previous year. In order to clear the payment, Texchem group have to pay more times within a year in order to clear the account. So in year 2009, average p ayment period of Texchem group was increase to 7.54 times a year. Total assets indicate on how well is a firm fully utilizes its assets to generate sales. The highest assets turnover was 2.13 on year 2008. According to the result showed on above, the overall of the firm performance was quite satisfied. Because we can see the growth of the assets turnover was increase in every years except year 2009. In my opinion, Texchem did very well in utilizing their assets to generate sales especially in year 2008 which a year of economy crisis. Profitability Ratio In this section, we discussing on how much of revenue generate by Texchem Group in order to attract more people to invest in Texchem. Under Profitability ratio, we discuss about gross profit margin, operating profit margin, net profit margin, earning per share, return on assets (ROA), and return on equity (ROE). Graph above show the Gross Profit Margin and Operating Profit Margin of Texchem Group. The overall of gross profit margin is showing decrease from year 2005 to 2008. However, in year 2009, gross profit margin slightly increase from 16.23% to 19.19%. The peak is in year 2005. Moving on to operating profit margin which is measure on the profit that generate after deduce costs and expenses but excluding interest, taxes, and preferred stock dividends. However, it does not seem good during these five years time. We can see that it decreasing from 2005 to 2009 except year 2007. The worst year was 2009 which is 0.97% generated in that year only. This is not good for Texchem fin ancial because it still need to pay for interest, taxes, and preferred stock dividends. 2009 was a dangerous year. Net profit Margin is measure the profit after operating profit deduced those interest, taxes, and preferred stock dividends. As the operating profit margin stated previously, we already can predict that Texchem will show to be negative. Unfortunately, in year 2008 and 2009, it shows negative 0.12 and 0.9 of net profit margin. In year 2007 was a critical year which generated profit of 1.4 much higher than year 2006. However, it was drop rapidly in year 2008. Moving to earning per share, it measure on how much of money can be earn from each outstanding share during a period of time. Obviously, the best year to be invest in Texchem is year 2005 which earn 15.03 sen per share. In my opinion, i will not invest in Txchem in year 2008, because that year was global economy crisis year. Stock market was affected by the economy crisis as well. The last part of profitabil ity ratio will be calculating on return on assets(ROA) and return on equity(ROE). ROI is also known as ROI (Return on investment) which measure on how much a company generate profit with the assets that they having in hand. Obviously, in years 2008 and 2009, both ROA and ROE does not seem to get any return and firm having a hard time to pay their shareholders due to the loss of financial. Debt Ratio Debt ratio measure the number of total assets which borrow from third party being used to generate profit. In debt ratio, the greater of the ratio indicate the more assets can be use to generate profit. Debt ratio of Texchem group show decreasing in the first three years and increasing in the last two years. According to the data on above, 2005 was a best year which having more peopleacirc;â‚ ¬Ã¢â€ž ¢s funds to be used in investment. However, the overall performance were remaining in the range of 67% to the highest 71%. The time interest earn ratio was substantially increase and decreasing over the years. In year 2005 and 2006, it shows negative of 106.12 and 107.48. Although it was increase in year 2007, but in 2008 it had been pull down the ratio back to negative of 62.52 by the economy crisis. The overall performance of Texchem in time interest earning ratio was bad among these years.