Monday, February 16, 2009

of chemistry and financial management

Probably I should've considered taking double degree in Chemistry and Business Management. I'm a chemist-turned-economist/strategists (watever they call it) since i have to do assignments on Walt Disney Company. Well, it's pretty much fine to me to just identify the strategies and proposing new ones where I think appropriate.But things has gone really far from what I've expected in the Strategic Management course. I have to revisit human resources, operations management, marketing, economic and the worse parrt of all FINANCIAL MANAGEMENT!!! i exxtreeemely dislike doing financial management.
Being stressful handling other aspects of management, analysing and interpreting and coming with financial ratios from the balance sheet and income statement is really really pushing me to the limit. For some this is just an easy-peezy-lemon-squeezy stuff that they do in their daily life...hoho, but not for me...
We were asked to add on financial ratios for the Walt Disney Company, and i must tell you, reading the income statement and balance sheet really makes my mind oversaturated with $,millions,numerical values and I'll easily get the formula mixed.there are so many terms which i am not familiar with...
Let me give you an analogy, try someone asking you to derive the Nernst equation to calculate the electrochemical cell potential-without any prior and proper teaching...only the successful ones would make it. so thats basically the situation i'm having now-in terms of interpreting the income statement and balance sheet.


anybody knows the recrystallization method for Copper (II) Benzohydroxamic acid?i need to know how?!