Escape From A Dollhouse Essays - A Dolls House,

Escape From A Dollhouse We have all felt the need to be alone or to venture to places that our minds have only imagined. However, we as individuals have always found ourselves clutching to our responsibilities and obligations, to either our jobs or our friends and family. The lingering feeling of leaving something behind or of promises that have been unfulfilled is a pain that keeps us from escaping. People worldwide have yearned for a need to leave a situation or seek spiritual fulfillment elsewhere. The need for one's freedom and their responsibility to others can make or break a person. Henrik Isben's inspirational characters of Nora Helmer, Kristine Linde, and Nils Krogstad have all had to suffer for their right to be individuals and to be accountable for their actions. A woman of the tough Victorian period, Nora Helmer was both a prisoner of her time as well as a pioneer. In her society women were viewed as an inferior species and were not even considered real human beings in the eyes of the law. Nora and other women soon discovered that it was a man's world and they were just not allowed to participate in it. Women of that era though, were allowed to stay at home and adhere to their tired, overworked spouse's needs, not to mention their constant obligation to their children. Women in those days were only allowed to work solely at home or to have minor jobs such as maids or dressmakers. Nora was a free spirit just waiting to be freed; her husband Torvald would constantly disallow the slightest pleasures that she aspired to have, such as macaroons. Nora lived a life of lies in order to hold her marriage together. She kept herself pleased with little things such as telling Dr. Rank and Mrs. Linde; "I have such a huge desire to say-to hell and be damned!" (Isben 59) Just so she could release some tension that was probably building inside her due to all the restrictions that Torvald had set up, such as forbidding macaroons. The need for her to consume these macaroons behind her controlling husband's back was a way for her to satisfy her sense of needing to be an independent woman. Upon the arrival of her old friend Kristine Linde, Nora took it upon herself to find her friend a job since she had gone through a lot in her life. She asked her husband Torvald, who also happened to be the new manager at the bank if Kristine could have a job and he responded with an afirmative response. Mrs. Helmer had also stated that she had single handedly saved her husband's life when she took out a loan for his benefit. However, in those days women were unable to get a loan without their husband's consent or another male's signature, so Nora took it upon herself to forge her father's signature in order to secure the welfare of Torvald. She saw it as her obligation as a loving wife to break the law so she would be able to save a life, especially when it was the life of her husband. Others though saw it as a criminal offence; Nils Krogstad for example accused Nora of violating the law to which Nora replied: "This I refuse to believe. A daughter hasn't the right to protect her dying father from anxiety and care? A wife hasn't the right to save her husband's life? I don't know much about laws but I'm sure that somewhere in the books these things are allowed. And you don't know anything about it-you who practice the law? You must be an awful lawyer, Mr. Krogstad." (Isben 67) Nora saw the law as something which, stood in the way of her responsibility to her family not to mention to herself. If she were to of told her ill father about her situation concerning Torvald's health he could have died due to stress of hearing this news. If she had spoken to Torvald about his illness he would have forbidden her from carrying it on because he wouldn't want to be in debt to a women, and more importantly his wife; his pride as a male would have been crushed. It was her responsibility that she did not disclose that information to Torvald because of the repercussions it would bring. At the conclusion of the play Nora knows that her secret will be revealed and awaits Torvald's reaction to it. When she learns that her marriage was a sham

Free Essays on Civil Disobedience

What are the Dynamics of Civil Disobedience and Descent in the United States? The use of nonviolence runs throughout history. There have been numerous instances of people courageously and nonviolently refusing cooperation with injustice. However, the fusion of organized mass struggle and nonviolence is relatively new. It originated largely with Mohandas Gandhi in 1906 at the onset of the South African campaign for Indian rights. Later, the Indian struggle for complete independence from the British Empire included a number of spectacular nonviolent campaigns. Perhaps the most notable was the yearlong Salt campaign in which 100,000 Indians were jailed for deliberately violating the Salt Laws. The refusal to counter the violence of the repressive social system with more violence is a tactic that has also been used by other movements. The militant campaign for women's suffrage in Britain included a variety of nonviolent tactics such as boycotts, noncooperation, limited property destruction, civil disobedience, mass marches and demonstrations, filling the jails, and disruption of public ceremonies. The Salvadoran people have used nonviolence as one powerful and necessary element of their struggle. Particularly during the 1960s and 70s, Christian based communities, labor unions, campesino organizations, and student groups held occupations and sit-ins at universities, government offices, and places of work such as factories and haciendas. There is rich tradition of nonviolent protest in this country as well, including Harriet Tubman's Underground Railroad during the civil war and Henry David Thoreau's refusal to pay war taxes. Nonviolent civil disobedience was a critical factor in gaining women the right to vote in the United States, as well. The U.S. labor movement has also used nonviolence with striking effectiveness in a number of instances, such as the Industrial Workers of the World (IWW) free speech confro... Free Essays on Civil Disobedience Free Essays on Civil Disobedience Henry David Thoreau’s â€Å"Civil Disobedience† So much has been written on Thoreau’s landmark essay on "Civil Disobedience." Indeed, it has been used as a model for modern day leaders like Martin Luther King, Jr., and Mahatma GandHi. Andrew Trask states, "It is important to remember that Dr. King viewed civil disobedience only as one part of a larger program of reform." He continues, "There are elements of Dr. King's "direct action" of civil disobedience that we must consider: "pure" nonviolence, pragmatic action, and finally, the difference between just and unjust laws." These ideas are clearly Thoreauvian in nature. Furthermore, Gandhi advocated the use of civility at all times- â€Å"the civil register†, which extols respect for the opposition and behavior out of understanding rather than anger. And like Thoreau, Gandhi was constantly seeking the higher truth with regard to man’s relationship in the universe. Although these men were the most famous followers of Thoreau’s ideals, this essay had more wide reaching political an! d social impact than most people understand. The Danish resistance (1940’s) used his theory in Occupied Denmark, in 1950's America it was adhered to by stringent opponents to McCarthyism. In the 1960's it was a means of using passive resistance to create pressure for overturning the laws and customs of racial Segregation and in the struggle against apartheid in South Africa. And in the 1970's, it was unearthed by a new generation of anti-war activists. However, it is interesting to note that not all modern day critics agree with Thoreau’s determination towards mass nonviolence. James Goodwin writes: â€Å"Although Gandhi and Martin Luther King, Jr., credited Thoreau as an inspiration to their mass campaigns of passive resistance, in crucial instances his thought appears to be more closely aligned to a doctrine of individual nihilism than to the philosophy of mass nonviolence. One such instance is co... Free Essays on Civil Disobedience What are the Dynamics of Civil Disobedience and Descent in the United States? The use of nonviolence runs throughout history. There have been numerous instances of people courageously and nonviolently refusing cooperation with injustice. However, the fusion of organized mass struggle and nonviolence is relatively new. It originated largely with Mohandas Gandhi in 1906 at the onset of the South African campaign for Indian rights. Later, the Indian struggle for complete independence from the British Empire included a number of spectacular nonviolent campaigns. Perhaps the most notable was the yearlong Salt campaign in which 100,000 Indians were jailed for deliberately violating the Salt Laws. The refusal to counter the violence of the repressive social system with more violence is a tactic that has also been used by other movements. The militant campaign for women's suffrage in Britain included a variety of nonviolent tactics such as boycotts, noncooperation, limited property destruction, civil disobedience, mass marches and demonstrations, filling the jails, and disruption of public ceremonies. The Salvadoran people have used nonviolence as one powerful and necessary element of their struggle. Particularly during the 1960s and 70s, Christian based communities, labor unions, campesino organizations, and student groups held occupations and sit-ins at universities, government offices, and places of work such as factories and haciendas. There is rich tradition of nonviolent protest in this country as well, including Harriet Tubman's Underground Railroad during the civil war and Henry David Thoreau's refusal to pay war taxes. Nonviolent civil disobedience was a critical factor in gaining women the right to vote in the United States, as well. The U.S. labor movement has also used nonviolence with striking effectiveness in a number of instances, such as the Industrial Workers of the World (IWW) free speech confro...

The Gulf of Tonkin Resolution Essay Example | Topics and Well Written Essays - 2000 words

The Gulf of Tonkin Resolution - Essay Example On August 02, 1964, â€Å"the destroyer ship Maddox, headed by Captain John Herrick (Operational Control), was cruising offshore in the international shores when North Vietnamese (NV) tried to approach it by dispatching soviet-built P-4 fast patrol torpedo boats (PTFs). Torpedoes were launched from North Vietnamese PTFs. Maddox retaliated with the support of F-8 Crusader jets that strafed all the NV PTFs (Hickman, K-a.,n.d.). The second attack occurred on August 04, 1964. Given the 1st reported attack, the U.S. was not in the position to ignore NV attacks. In fact, immediately the US reinforced Maddox with another destroyer USS Turner Joy (DD 951). On the night of August 04, the U.S. warships reported having made contact with North Vietnamese naval forces whom they claimed attacked these 2 destroyer ships (Hickman-a, n.d). â€Å"In response to these alleged attacks, the U.S. through the 7th Fleet carriers, Ticonderoga and USS Constellation (CVA64), launched retaliatory strikes against North Vietnam that destroyed an oil storage facility and damaged an enemy naval vessels† (Natasi, 2001). U.S. through Johnson proposed the passage of a joint resolution with Congress (H.J. RES 1145) dated August 07, 1964, known as the Gulf of Tonkin Resolution, described as the Southeast Asia Resolution, Public Law 88-408 which granted powers to President Lyndon Johnson to escalate U.S. involvement in the Vietnam War without a declaration of war. (Hickman, K-b.,n.d.), (â€Å"Tonkin Gulf Resolution†, n.d.) and (â€Å" Gulf of Tonkin Resolution†, n.d.). â€Å"The controversy about the Gulf of Tonkin incident came out after 40 years later when National Security Agency (NSA) declassified and released this material to the public†.

Small business Essay Example | Topics and Well Written Essays - 250 words

Small business - Essay Example Although the business is doing well, it is important to mention that the business currently faces quite a number of challenges that. These include rising competition by rival companies, seasonal lows leading to losses at certain times of the year, and the challenge of many tourists in that most do not speak the Arabic language. Nonetheless, the company has managed to come up with such strategies as training her staff on various foreign languages, maximizing on the peak season in order to make up for the off-peak, and providing better products and series to clients. In terms of maintaining customer satisfaction, Green Era Travel has always ensured that the needs of the customers are given first priority. Besides, the company undertakes robust online marketing campaign in order to reach a broader spectrum of tourists who may be willing to visit United Arab Emirates. In this regard, the most valuable advice that can be learnt from the business is consistency and customer valuing at all times. Indeed, this strategy has seen Green Era Travel maintain a constant grip of an appreciable share of the UAE travel and tours market for the past one

Beuaty Essay Example | Topics and Well Written Essays - 250 words

Beuaty - Essay Example Whats interesting is that in this poem, Shakespeare doesn’t glorify the beauty of the mistress or anything remotely connected by using elaborate metaphor. He doesn’t make any comparisons with his love for Venus either. He reflects on the ordinary beauty and the humanity associated with a mortal in his love. He feels that the aforementioned attributes are very important. He makes a deliberate attempt to use those typical metaphors of love poetry in the opposite context. (TimeOut) On the other hand the poem Beauty by Tony Hoagland is the poet’s reflection of his sister and her obsession with meeting some arbitrary standard of beauty. The poet explains how the medicines that she was taking were adversely affecting her natural beauty. He feels that she carries with herself the â€Å"burden† of looking beautiful. The poet reflects on the concept of beautiful musingly. He is bewildered with those women who are obsessed with appearance and attractiveness and have it on their mind always. He draws a contrast between what his sister was going through with the beauty of nature during spring time. Later on when she finally gives up on the idea of trying to look beautiful or reach that arbitrary standard of beauty, she feels a lot more relieved and free. He feels that even the new found freedom is beautiful too in its own right. In a gist the poem implies that we often get too caught up reaching a certain standard of beauty and once that effort relinquishes or becomes a burden, it is wiser to let go of it. Both the poems depict a very practical account of beauty perception today. While Shakespeare’s poem is a sonnet in which he claims his love for a dun mistress to be just as extra-ordinary as it could have been for any other goddess who is better than her, Tony’s poem is a reflection of women’s race to look beautiful and then how they finally find solace from it. While Shakespeare’s poem reflects on the traits of his

Direct Hydration Reacts Propene And Water Environmental Sciences Essay

Direct Hydration Reacts Propene And Water Environmental Sciences Essay Being a secondary alcohol, isopropyl alcohol can be oxidized to acetone, which is the corresponding ketone. This can be achieved using oxidizing agents such as chromic acid, or by dehydrogenation of isopropyl alcohol over a heated copper catalyst: (CH3)2CHOH ? (CH3)2CO + H2 Isopropyl alcohol is often used as both solvent and hydride source in the Meerwein-Ponndorf-Verley reduction and other transfer hydrogenation reactions; it is oxidized to acetone. Isopropyl alcohol may be converted to 2-bromopropane using phosphorus tribromide, or dehydrated to propene by heating with sulfuric acid. Like most alcohols, isopropyl alcohol reacts with active metals such as potassium to form alkoxides which can be called isopropoxides. The reaction with aluminium (initiated by a trace of mercury) is used to prepare the catalyst aluminium isopropoxide.[3] Isopropanol becomes increasingly viscous with decreasing temperature. At temperatures below -70C isopropanol resembles maple syrup in viscosity. [edit]Production In 1994, 1.5 million tonnes of isopropyl alcohol was produced in the United States, Europe, and Japan.[4] This compound is primarily produced by combining water and propene in a hydration reaction. Of minor significance is the hydrogenation of acetone.[4][5] There are two routes for the hydration process: indirect hydration via the sulfuric acid process, and direct hydration. The former process, which can use low-quality propene, predominates in the USA while the latter process, which requires high-purity propene, is more commonly used in Europe. These processes give predominantly isopropyl alcohol rather than 1-propanol because the addition of water or sulfuric acid to propene follows Markovnikovs rule. Indirect hydration The indirect process reacts propene with sulfuric acid to form a mixture of sulfate esters. Subsequent hydrolysis of these esters by steam produces isopropyl alcohol, which is distilled. Diisopropyl ether is a significant by-product of this process; it is recycled back to the process and hydrolyzed to give the desired product.[4] Direct hydration Direct hydration reacts propene and water, either in gas or liquid phases, at high pressures in the presence of solid or supported acidic catalysts. Higher purity propylene (> 90 %) tends to be required for this type of process.[4] Both processes require that the isopropyl alcohol be separated from water and other by-products by distillation. Isopropyl alcohol and water form an azeotrope and simple distillation gives a material which is 87.9% by weight isopropyl alcohol and 12.1% by weight water.[6] Pure (anhydrous) isopropyl alcohol is made by azeotropic distillation of the wet isopropyl alcohol using either diisopropyl ether or cyclohexane as azeotroping agents.[4] Hydrogenation of acetone Crude acetone is hydrogenated in the liquid phase over Raney nickel or a mixture of copper and chromium oxide to give isopropyl alcohol. This process is useful when coupled with excess acetone production, such as the cumene process.[4] [edit]Uses In 1990, 45 thousand tonnes of isopropyl alcohol were used in the United States. The vast majority of isopropyl alcohol was used as a solvent for coatings or for industrial processes. Isopropyl alcohol in particular is popular for pharmaceutical applications,[4] presumably due to the low toxicity of any residues. Some isopropyl alcohol is used as a chemical intermediate. Isopropyl alcohol may be converted to acetone, but the cumene process is more significant. In that year, a significant fraction (5.4 tonnes) was consumed for household use and in personal care products. It is also used as a gasoline additive.[4] [edit]Solvent Isopropyl alcohol dissolves a wide range of non-polar compounds. It also evaporates quickly and is relatively non-toxic, compared to alternative solvents. Thus it is used widely as a solvent and as a cleaning fluid, especially for dissolving oils. Examples of this application include cleaning electronic devices such as contact pins (like those on ROM cartridges), magnetic tape and disk heads (such as those in audio and video tape recorders and floppy disk drives), the lenses of lasers in optical disc drives (e.g. CD, DVD) and removing thermal paste from heatsinks and IC packages (such as CPUs.[7]) Isopropyl alcohol is used in keyboard, LCD and laptop cleaning, is sold commercially as a whiteboard cleaner, and is a strong but safer alternative to common household cleaning products. It is used to clean LCD and glass computer monitor screens (at some risk to the anti-reflection coating on some screens[citation needed]), and used to give second-hand or worn non-vinyl phonograph records newer-looking sheen. Isopropyl alcohol should not be used to clean vinyl records as it may leach plasticizer from the vinyl making it more rigid[citation needed]. It is effective at removing residual glue from some sticky labels although some other adhesives used on tapes and paper labels are resistant to it. It can also be used to remove stains from most fabrics, wood, cotton, etc. In addition it can also be used to clean paintballs or other oil based products so that they may be reused, commonly known as repainting. It is used as a wetting agent in the fountain solution used in lithographic printing, and often used as a solvent for French polishing shellac used in cabinet making. [edit]Intermediate Isopropyl alcohol is esterified to give isopropyl acetate, another solvent. It reacts with carbon disulfide to give sodium isopropylxanthate, a weed killer. Isopropyl alcohol reacts with titanium tetrachloride and aluminium metal to give titanium and aluminium isopropoxides respectively, the former a catalyst, and the latter a chemical reagent.[4] This compound may serve as a chemical reagent in itself, by acting as a dihydrogen donor in transfer hydrogenation. [edit]Medical Disinfecting pads typically contain a 60ÃÆ' ¯Ã‚ ¿Ã‚ ½70% solution of isopropyl alcohol in water. A 75 % v/v solution in water may be used as a hand sanitizer.[8] Isopropyl alcohol is used as a water-drying aid for the prevention of otitis externa, better known as swimmers ear.[9] [edit]Automotive Isopropyl alcohol is a major ingredient in gas dryer fuel additives. In significant quantities, water is a problem in fuel tanks, as it separates from the gasoline, and can freeze in the supply lines at cold temperatures. It does not remove water from gasoline; rather, the alcohol solubilizes water in gasoline. Once soluble, water does not pose the same risk as insoluble water as it will no longer accumulate in the supply lines and freeze. Isopropyl alcohol is often sold in aerosol cans as a windscreen de-icer. Isopropyl alcohol is also used to remove brake fluid traces from hydraulic braking systems, so that the brake fluid (usually DOT 3, DOT 4 or mineral oil) does not contaminate the brake pads, which would result in poor braking. [edit]Laboratory As a biological specimen preservative, isopropyl alcohol provides a comparatively non-toxic alternative to formaldehyde and other synthetic preservatives. Isopropyl alcohol solutions of 90ÃÆ' ¯Ã‚ ¿Ã‚ ½99% are used to preserve specimens. Isopropyl alcohol is often used in DNA extraction. It is added to a DNA solution in order to precipitate the DNA into a pellet after centrifuging the DNA. This is possible because DNA is insoluble in isopropyl alcohol. [edit]Safety Isopropyl alcohol vapor is denser than air and is highly flammable with a very wide combustible range. It should be kept away from heat and open flame. When mixed with air or other oxidizers it can explode through deflagration.[10] Isopropyl alcohol has also been reported to form explosive peroxides.[10][11] Like many organic solvents, long term application to the skin can cause defatting.[12] [edit]Toxicology Isopropyl alcohol and its metabolite, acetone, act as central nervous system (CNS) depressants. Symptoms of isopropyl alcohol poisoning include flushing, headache, dizziness, CNS depression, nausea, vomiting, anesthesia, and coma. Poisoning can occur from ingestion, inhalation, or absorption; therefore, well-ventilated areas and protective gloves are recommended. Around 15 g of isopropyl alcohol can have a toxic effect on a 70 kg human if left untreated.[13] However, it is not nearly as toxic as methanol or ethylene glycol. Isopropyl alcohol does not cause an anion gap acidosis (in which as lowered blood serum pH causes depletion of bicarbonate anion) unlike ethanol and methanol. Isopropyl alcohol does however, produce an osmolal gap between the calculated and measured osmolalities of serum, as do the other alcohols. Overdoses may cause a fruity odor on the breath as a result of its metabolism to acetone, which is further metabolized to produce the nutrients acetate and glucose.[14] Isopropyl alcohol is oxidized to form acetone by alcohol dehydrogenase in the liver.

Horror and Self-punishment in Sophocles Oedipus Rex Essay -- Oedipus

Horror and Self-punishment in Sophocles' Oedipus Rex An ancient plate portraying Oedipus listening to the riddle of the Sphinx. Oedipus Rex is a play whose qualities of inscrutability and of pervasive irony quickly come to complicate any critical discussion. It is a play of transformations in which things change before our eyes as we watch; where meanings and implications seem to be half-glimpsed beneath the surface of the text only to vanish as we try to take them in; and where ironical resemblance and reflections abound to confuse our response. The play encourages us to make connections and to draw out implications that in the end we are forced to reassess, to question and perhaps abandon. The play's meaning through two oppositions is defined by its stage action and its language, are parallel and complimentary to each other. The play is, in a way that determines our response to its meaning, a sequential experience. Our response is shaped through the duration of its performance. The opening of the play presents us with a gathering, the old and the young, no women, no fully adult males, so that Oedipus is, at once, magnified and isolated. His calm authority is overwhelming and majestic. But on what does Oedipus' authority rest? There is a crucial uncertainty here. The opening scenes present us with an image of Oedipus as a political figure, a human king whose power derives from the community he rules, whose perceptions and whose feelings are indissoluble bound up with the experience of the men of Thebes, whose language he speaks and where he belongs. We are swept aside as a gathering panic occupies Oedipus' mind at hearing mention of a place he remembers, where he once killed a man. If that man was Laius, Oedipus s... ...e vain attempts of mankind to escape the evil that threatens them. There is an unmistakable indication in the text of Sophocles' tragedy itself that the legend of Oedipus sprang from some primeval dream-material that had as its content the distressing disturbance of a child's relation to his parents owing to the first stirring of sexuality. At a point when Oedipus, though he is not yet enlightened, has begun to feel troubled by his recollections of the oracle, Jocasta consoles him by referring to a dream, as she thinks, it has no meaning. It is clearly the key to the tragedy and the complement to the dream of the dreamer's father being dead. The story of Oedipus is the reaction of the imagination to these typical dreams. And just as the dreams, when dreamt by adults, are accompanied by feelings of repulsion, so too the legend must include horror and self-punishment.

Report on NatWest Bank’s Creativity and Innovation Essay

NatWest Bank is a member of the Royal Bank of Scotland Group (RBS Group). In 1968 National Provincial Bank (est.1833) and Westminster Bank (est.1836), fused as National Westminster Bank. Jointly, these banks could outline their history back down the centuries through a ancestry of influential constituents, since the 1650’s. The declaration totally astonished the public, but to both banks the benefits were obvious – the merger enhanced balance sheet strength, created opportunities to streamline the branch networks and enabled greater investment in new technology. The statutory process of integration was completed in 1969 and National Westminster Bank commenced trading on 1 January 1970, with the three-arrowheads symbol as its Logo of the company with 3,600 branches, established a wide range of new services, including the bank’s first credit card, Access, in 1972, and computer-linked cash dispensers, Servicetills, in 1976. Deregulation in the 1980s, culminating in ‘Big Bang’ in 1986, also encouraged National Westminster Bank to enter the securities business. County Bank, the Group’s merchant bank, acquired stockbroking and jobbing firms to create NatWest Investment Bank. In the mean time, the International Banking Division appeared to offer international banking services to large companies and to focus on expansion in the USA, the Far East and Europe. In the 1980s new services were developed such as telephone banking and touch- screen share dealing to assist the government’s privatisation programme. The 1980’s also saw the National Westminster Home Loans established in 1980 and the Small Business Unit in 1982. The Switch debit card extended the electronic transfer of money to point of sale in 1988. In the 1990s financial services markets world-wide underwent huge variations and in response the bank refocused its activities, exiting from a number of markets and adopting the title of NatWest. In March 2000, The Royal Bank of Scotland Group completed the acquisition of NatWest in a  £21 billion deal that was the large st take-over in British banking history. NatWest ranks fifth in the world and is now part of a financial services group which is the second largest bank by market capitalisation in the UK and in Europe. (NatWest 2006) Read more: Essay About National Westminster Bank Creativity and Innovation of the Bank: With granting a muscular competitive encourage to innovation, creativity and efficiency, it always attains lead on rival firms. Innovation is a driver of productivity growth. Novel products, processes and methods of working can relent efficiency gains and quality improvements not only within the innovating firm, but also within other firms that recap or institute on the innovation within their own firms. There are a number of reasons why the rate of innovation is likely to fall below socially optimal levels, and smaller innovating firms may face particularly severe barriers to innovation. The key constraints are: †¢ Limited access to risk capital: The informational impediments to free- functioning markets for SME finance were discussed earlier in this chapter, but it is particularly difficult for potential lenders or investors to assess likely risk and returns accruing to future research or to the implementation of unproven innovations. Newly-established innovating firms often m ake a loss and face severe cash-flow constraints in their early years. †¢Difficulties appropriating the full benefits of innovation: Whilst a competitive environment will provide the best general incentive for firms to innovate, firms need to be confident that they can reap the rewards of their innovation. This is why the intellectual property regime allows firms to prevent, for a limited period, their competitors from copying their innovations. This is a necessary reward for the costs of R&D, and helps to encourage innovation. Nevertheless, the internal return to innovation may still be modest relative to the industry-wide benefits that arise once the innovation can be replicated by other firms. †¢ Inability to diversify risk: While larger companies may have a large portfolio of innovative activity, innovation in smaller firms may be concentrated on a single product or process, and the cost of undertaking the necessary R&D may be very large relative to the overall financial assets of the company. Accordingly, where SMEs are risk-averse, they will be discouraged from investing in innovative activities with uncertain returns. Assembling the enterprise confront will rely on the innovation and creativity of entrepreneurs themselves, but the Government must also provide the right cond itions and the necessary support for successful enterprise. (Cosh and Hughes 2000) The NatWest Group has a total of 6 UK banking licences and licences from several other authorities. There are two principal costs linked with getting to the position where a bank is in a position to obtain and maintain its banking licence: 1) Implementing a reporting system that satisfies the requirements of the regulators. In addition to standard financial reports these would include implementing the systems to monitor and report capital adequacy, liquidity, credit risk, and interest rate risk etc. 2) Ensuring that there is the necessary infrastructure in place to satisfy individual regulatory requirements on operational areas such as money laundering, advertising and sales of financial products. There are also noteworthy sunk costs in coping with the provision of creativity infrastructure. To replace the existing branch and service centre network and administrative buildings is a major project in its own right and in addition to the costs of such physical assets, which are on the balance sheet it would be necessary to handle the stipulation of such facilities. Costs would also be involved in the provision of such items as HR policies, for example the sunk costs associated with setting up employee benefit programmes, such as pension plans, stock options, bonus schemes, car schemes, health care etc. The same tactic has been adopted and this turns up at an total expenditure of  £ [255] m. This is probably a conservative estimate. Over the period 1996 to 2000 NatWest incurred expenses of around  £ [13] bn in respect of its Retail Transformation programme, which was only a modification of part of its existing infrastructure rather than creation of a totally innovative one. (RBSG, 2002) NatWest depends entirely upon the qualities of innovation, and suffer more acutely from the rapidity of transform. Whether in presentation, writing, the visual arts or advertising, the progress of new ‘product’ is at the heart of all doings. Without this self- generated action, there is not anything to put up for sale. The sector therefore has a specific and challenging manufacturing process or value chain which, at each stage, demands different talents. At the raw development end of production (ideas generation, creating, training) there is a need for concepts, leading edge ideas and formulations, creativity, innovation and initiative customer orientation. Problem solving is paramount. At the moment of production (turning ideas into products, locations for production) – this first set of aptitudes is still important but must be supplemented by: _ï€  Intelligence, understanding of the market, industry foresight and strategic view; _ï€  Effective management o f resources; _ï€  Ability to develop and manage relationships with partners, explore new connections and collaborations with suppliers. The merger of the Royal Bank of Scotland (BoS) and Halifax to form HBOS resulted from increasing competitive pressures in the financial sector. Since about 1980, with the decline of heavy industries and growth of a service economy, like other clearing banks, BoS was obliged to expand further into small business lending and new retail products (e.g. residential mortgages, financial services, credit cards, etc.). Competition was exaggerated by banking deregulation, which led to the growth of a secondary banking sector, the transformation of many building societies (including Halifax) into banks, and new amalgamations into ever-larger banks (as cited in Leyshon and Thrift 1993). During this period there was increasing concern in the Scottish banking community about the potential for takeovers to erode a distinctive Scottish banking sector (as cited in Saville 1996: 717-40), which had been partly maintained by an historical ‘gentleman’s agreement’ between the English and Scottish banks to limit their presences in each other’s markets. In September 1999, BoS surprised The City of London by making a  £20.85 billion bid to take over NatWest Bank, in effect striking first in an environment where further bank mergers seemed inevitable. Many in the financial press were quick to point out that under these new terms, BoS and other Scottish banks could not expect to have the ir future ‘independence’ protected. In late November the Royal Bank of Scotland, BoS’s main competitor in Scotland, made a successful counter bid of  £25.1 billion. The City now anticipated a takeover of BoS, compelling BoS to keep pace with the Royal Bank. BoS and Halifax began merger negotiations in April 2001, and the new banking group, HBOS, began trading on the stock market on 10 September, 2001. The Halifax was the dominant partner in the merger, being about twice the size of BoS in terms of number of employees and market value at the time of merger, and supplying key organizational leadership, including the CEO. The core rationale of the merger was that it brought together Halifax’s substantial mortgage lending income and BoS’s expertise and placement in the corporate banking world to create new business opportunities for the merged organisation. It also saw the dislocation of BoS’s rather conventional, cautious and habitual banking ethos by the more modern, competitive and market driven ethos of the Halifax organisation. Thus the merger was experienced by staff as an encounter between two different corporate cultures, and two different national cultures, at the same time. By ‘the ideology of change’ it specifies an ideological condition that corresponds closely with Therborn’s conception of modernity. With this phrase I want to dire ct attention not so much to a set of ideas and beliefs about change, but more to a disposition, or attitude toward change. I mean to suggest a normatively charged attitude in which established ways of doing things are devalued and innovation and change is positively valued in principle, regardless of the particulars of any given situation. It is, in a sense, a ‘presumption of guilt’ in regard to the old, and ‘presumption of innocence’ in regard to the new. This attitude is deeply naturalised, so that the imperative and positive value of change is widely regarded as self-evident, and not easily questioned. Thus rather than the great social critiques and political programmes associated with the formation of modernity, I mean to invoke a routinized and normalized aspect of established modernity—seen in the way political parties and governments promote themselves through promises of reform, in the way corporations and public institutions are constantly restructuring in order to ‘modernize’ and keep pace with their competitors, and in the way consumer-citizens in capitalist society come to expect scientific and technological advances that will increase knowledge and improve commodities and services, while fashions in popular culture rapidly replaces one another. The ideology of change is mundane, relentless common sense. Some problems of ‘innovation and creativity’ lay with the organization and its leadershi p, rather than personnel, the exhortation to embrace change was ultimately being translated into a message of personal moral reform. In this way the ideology of change, while meeting resistance, percolated down to beleaguered selves seeking some greater purchase on their state of affiars. (Hearn 2006) HRM Strategic Milestones in NatWest: During 1990–91 County NatWest, an investment bank, asked all its business units, including its personnel department, to set up strategic milestones for a five-year period. Their performance was to be measured against those milestones at specified target dates. The requirement to produce strategic milestones as an input to the bank’s five-year marked an important watershed in defining the contribution of personnel to the business at a strategic level. It forced the department to reflect on the nature of that contribution. Senior management of the bank duly authorised 18 separate strategic milestones. The milestones were consistent one with the other, and overall addressed issues that consultation within business units and across the three personnel teams had shown to be critical to business success. Each milestone was assigned to a designated individual and was incorporated into his or her own targets of performance. Quarterly reviews on progress, involving the whole department, were subsequently held to ensure that the milestones were on target. The operational tasks that a centralised T&D planning process involves seek to ensure that: T&D considerations are taken fully into account when business strategy is formulated. They form part of a human resource plan within the wider business plan. At business unit/divisional level there are policies to ensure people are trained and developed in line with the needs of the business. At the individual level T&D is an integrated part of daily routine and procedures, helping people to achieve performance standards and behavioral objectives and building up the kind of workforce needed in terms of productivity, quality and flexibility. T&D staff operates a collaborative approach to planning at every stage in order to ensure a high level of buy-in from line management and other stakeholders. (Harrison 2001) Conclusion: NatWest Bank had recently a remarkable triumph over the competitors on November 15 2006 in the 12th Annual Convention- CCA Excellence Awards categorized for â€Å"Best Customer Focus: Financial Services† (details available on http://www.ccai.org.uk/events). The Bank is the second giant bank in the entire Europe (after Deutsche Bank) and incredibly progressed in a very short span of time (as discussed in the historical background). NatWest’s creativity and innovation â€Å"line of attack† led the bank to the stature of success. Chinua Achebe (1930 – ), Nigerian novelist, poet, and essayist rightly says: â€Å"Contradictions if well understood and managed can spark off the fires of invention. Orthodoxy whether of the right or of the left is the graveyard of creativity†. (Anthills of the Savannah) References NatWest; A History, (2006), NatWest Bank, available on accessed April 29 2007. Cosh and Hughes, (2000), Tackling Market Failures, British Bankers Association. Jonathan Hearn, (2006), National Identity, Organisational Culture, and the Ideology of Change in Scotland, BSA Annual Conference, Scottish Study Group. Rosemary Harrison, (2005), Producing and Implementing L&D Strategy, CIPD Publications. Appendix A: NatWest Glossary AER – Annual Equivalent Rate. This shows what the interest rate would be if interest were paid and added to your account each year. APR – Annual Percentage Rate. The interest payable on what you’ve borrowed is added up along with other charges (e.g. arrangement fees) and then expressed as an annual rate of charge. The APR helps you compare the true cost of borrowing, for example for a mortgage. The APR takes into account all fees and charges applied to the mortgage as well as the monthly payments over the life of the loan. arrangement fee â₠¬â€œ a fee to cover administration. arrears – money that was due to be paid but has not been paid. When you are behind in payments, you are in arrears. assets – your money, property, goods and so on that have a financial value. assurance – a policy that you pay for, and that pays money to your next of kin when you die. banker’s draft – a cheque drawn on the bank (or building society) itself against either a cash deposit or money taken directly from your own bank account. A banker’s draft is a secure way of receiving money from someone you don’t know and where a cash is inconvenient. Banker’s drafts are commonly used for large purchases such as homes and cars. base rate – the interest rate from which lenders set their rates for lending and savings products. It’s usually based on the base rate set by the Bank of England. capital – money that you’ve invested or borrowed (e.g. to buy a home). It doesn’t include the income or profit you get from an investment, or the interest you have to pay on a loan o r mortgage. CHAPS – Clearing House Automated Payment System. This is a system that enables money to be transferred from one bank account to another on the same day. chip and PIN – a system to reduce card fraud. A chip and PIN card has a ‘smart’ chip that holds your four-digit Personal Identification Number (PIN). When you pay in a shop with a chip and PIN card, you’ll be asked to enter your PIN into a keypad instead of signing a receipt. This PIN is the same number that you use to withdraw money at a cash machine. cleared balance/cleared funds – includes credits (cheques and cash) that have completed the clearing cycle. You can only withdraw or transfer money to another account with money from your cleared balance. The cleared balance is updated during the day as you make payments into and out of your account. clearing cycle – the process that your cheque goes through when you pay it into your account. A cheque won’t be cleared if, for example, the person who gave it to you doesn’t have en ough money in their account. credit card – allows you to borrow money to pay for goods and services without using cash or cheques. credit balance – the amount of money in your account. credit limit – the maximum amount of money that you may borrow. debit card – allows you to pay for goods and services without writing cheques or using cash. The money is taken directly from your current account (you don’t borrow the money as with a credit card). Some debit cards can also be used to guarantee cheques. debt – an amount of money that you owe to a person or company. Direct Debit – an instruction from you to your bank or building society allowing someone to take money from your account. The amount of money taken can vary, but you must be told the amounts and dates beforehand. Direct Debits allow you to pay bills automatically from your account on a regular basis. discounted rate – a variable rate that is set at a fixed percentage amount below the lender’s standard variable rate for a period of time. At the end of the period, the mortgage goes back to the lender’s variable rate. EAR – Effective Annual Rate. This is the amount of interest charged on an overdraft and is stated as an annual rate. Unlike the APR, the figure does not include any fees or charges. Equity (in property) – the difference between how much your property is worth the balance of your outstanding mortgage and any other debts secured on the property. Equity release – a way of releasing extra money by borrowing against the equity in your home. ERTF – Exchange Rate Transaction Fee. This is a fee that you pay when withdrawing foreign currency from a cash machine or when paying for something in another currency (e.g. when you’re on holiday abroad). The foreign currency is converted into pounds sterling (using the bank’s exchange rate) and a fee for doing this is added. fixed-rate interest – an interest rate that stays the same throughout an agreed period. flexible mortgage – a mortgage that allows you to make overpayments and underpayments on the mortgage without penalty, and, in some cases, to take payment holidays. gross – the whole amount before any deductions (such as tax or fees) are made. gross interest rate – interest before income tax is deducted. Insurance policy – a policy that you pay for, and that pays money to you to cover possibilities such as theft, damage to property, loss and so on. interest – the amount that you pay when you borrow money. It’s expressed as a percentage rate over a period of time. interest-free – no interest is charged on money that you borrow. interest-only mortgages – a loan on which you only pay the interest element. The amount of capital you owe remains the same throughout the term of the mortgage and is due to be repaid at the end of the term. interest rate – the rate at which you pay back interest, expressed as a percentage of the amount you borrow. investment – something you put money into that will provide income in the future (such as savings) or gain in value so that you can sell it at a higher price later (such as a house). loan – money that you borrow (e.g. to buy a new car) on condition that you pay it back. lifetime mortgage – a type of equity release product for the over 60s, which allows you to release money by borrowing against the value of your home. There are no monthly repayments, instead the interest is added to the loan and the whole amount is repaid when you die or move into long-term care, usually from the sale of the house. This means more interest will build up than with a conventional mortgage. mortgage – a loan to help you buy property on condition that the company giving you the loan has certain rights, including the right to sell the property if you don’t pay back the loan. net – the amount after deductions (such as tax or fees) are made. net interest rate – the rate payable after the lower rate of income tax is deducted. (NB the rate of tax may vary, so a net rate is usually only given as an example.) nominal annual rate – the rate of interest that would apply if the interest were not added each year and if there were no inflation. overdraft – borrowings from your current account. overpayment – higher or extra mortgage payments that you make (usually to pay off your loan or mortgage early). p.a. – ‘per annum’, which means ‘each year’. payment holiday – a period of one or more months when you don’t make repayments on your loan or mortgage, although interest continues to accrue during that time. PIN – Personal Identification Number. This is the four-digit number that you enter into a cash machine when you want to take out cash, and that you use when you pay with your chip and PIN card. Never give this number to anyone, or write it down. rate – the percentage interest rate charged by a lender. remortgage – replacing a mortgage with a new one (from your existing or a different lender), without moving home. You use the money you borrow for the new mortgage to repay the old one. repayment method – the means by which a mortgage is repaid. The two main repayment methods are ‘interest only’ and ‘repayment’. repayment mortgage – a loan where you pay back some of the capital as well as interest each month. The amount you owe is gradually reduced. return – the profit you get, for example, when you invest money. share – a unit of ownership in a company. share certificate – shows the amount of ownership. share dealing – the process of buying and selling shares. standing order – a method of making regular payments directly from your bank account. It’s a fixed sum and you tell your bank when to start and stop paying it. stock – another term for share. transaction – each time you pay money into or take money out of your account, it’s called a transaction. unarranged borrowing – an overdraft that is higher than your bank or building society has agreed to. uncleared balance – the amount of money in your account including all the uncleared items in your account and any items paid in during the day. underpayment – a loan or mortgage payment that is less than the amount that you should normally pay for that month. variable-rate interest – the interest rate that you pay on your loan or mortgage and that rises and falls roughly in line with a stated index, such as the base rate set by the Bank of England. (NatWest , 2006, available on http://www.natwest.co.uk/glossary.htm/>)

Fiscal Stimulus - Three Key Ingredients

Fiscal Stimulus - Three Key Ingredients In late 2008 and early 2009, you could not turn on a TV or open a newspaper without hearing the term fiscal stimulus over and over again. The idea behind fiscal stimulus is a rather simple one - a reduction in consumer demand has resulted in an unusually high number of idle resources such as unemployed workers and closed factories. Because the private sector will not spend, the government can take the place of the private sector by increasing spending, thus putting these idle resources back to work. With their newly found income, these workers will be able to spend again, increase consumer demand. As well, workers who already have jobs will have increased confidence in the state of the economy and will increase their spending as well. Once consumer spending rises enough, the government can slow their spending, as they are no longer needed to pick up the slack.The theory behind fiscal stimulus depends on three basic factors. As we will see, in practice it is difficult to have more tha n two of these met at any one time. Fiscal Stimulus Factor 1 - Provide Stimulus Through Use of Idle Resources Fiscal stimulus only works if it uses idle resources - resources that would not otherwise be used by the private sector. Using employees and equipment that would otherwise be used by the private sector is of no use; in fact, it is detrimental if the private sector projects are of more value than government ones. This crowding out of private spending by public spending must be avoided.To avoid crowding out, great care needs to be taken in a fiscal stimulus package to target industries and geographic areas that contain idle resources. Re-opening a closed automotive plant and rehiring the laid off workers is an obvious way to do so, though in the real world it is difficult to target a stimulus plan so precisely.We cannot forget that the choice of what type of fiscal stimulus is chosen by politicians, and thus is a political issue as much as it is an economic one. There is a great likelihood that a politically popular but non-stimulating package will be chosen over one that is politicall y less popular but more beneficial to the economy. Fiscal Stimulus Factor 2 - Started Quickly A recession is not a particularly long-lived phenomenon (though it often feels like one). Since World War II recessions have lasted between 6 and 18 months, with an average duration of 11 months (source). Suppose we are in a long recession of 18 months, with another 6 months of slow growth afterward. This gives us a 24-month window in which to provide fiscal stimulus. During this period a number of things have to happen: The government has to recognize that the economy is in recession. This takes longer than one might imagine - the National Bureau of Economic Research did not recognize that the United States was in a recession until 12 months after it started.The government needs to develop a stimulus package.The stimulus bill needs to be made law and pass all the necessary checks and balances.The projects involved in the stimulus package need to be started. There may be delays in this step, particularly if the project involves the building of physical infrastructure. Environmental assessments need to be completed, private sector contractors need to bid on the project, workers need to be hired. All of this takes time.The projects, ideally, need to be completed. If they are not completed before the economy fully recovers, then we will certainly have crowding out as these employees and equipment would be of use to the private sector. All of these items need to happen in the window of, at best, 24 months. Meeting this task seems quite difficult, if not impossible. Fiscal Stimulus Factor 3 - Perform Reasonably Well on a Benefit-Cost Test Ideally, we should get good value for our money - the government should spend taxpayer dollars on items of real value to the taxpayer. Government spending will necessarily raise GDP because in the calculation of GDP the value of any government project is determined by its cost, not its value. But building roads to nowhere does nothing to increase our true standard of living.There is also the political issue here - that projects may be chosen on their political popularity or value to special interests, rather than on their merits.   Fiscal Stimulus - Meeting One Factor Is Hard; Three Is Impossible In Fiscal Stimulus - Unlikely To Work in the Real World we will see that not only are some of these factors hard enough to meet on their own, it is nearly impossible to meet more than two of them at any one time.

The Narrative Of Arthur Gordon Essays - Free Essays, Term Papers

The Narrative Of Arthur Gordon Essays - Free Essays, Term Papers The Narrative of Arthur Gordon Pym of Nantucket Narrarator : The setting is in the Pacific Ocean somewhere along Costa Rica. Where Pym, Augustus, Parker, and Dirk Peters are on a ship called the "Grampus." The ship has lost all of its sails due to the high winds and thunder storms and is basically floating wherever the wind and the waves take it. The rest of the crew has killed each other off when they attempted to mutany the ship. They have been without food for about 5 days and have been living off rainwater they catch in their clothes. The ship is filled with water so they cant travel below deck to get any food from the store room and they are all very weak and are despretely looking for a new source of food to keep them alive until a ship should stumble across them and pick them up. Peters : Maybe one of us could swim below the deck and get to the store room and find some fresh water and some food. Pym : But you would have to feel your way to the store room because you couldn't see in this salty water. Hey Augustus don't you know your way to the store room well? Augustus : Yea. Tie this rope around my waist so i can have something to follow back if I cant find my way. Parker : Ok. If you need help just pull on the rope and we will pull you up. Augustus : Ok here I go...................................I think I found it but the door was locked, hand me that axe over there and I will take that down with me and maybe I could break down the door.....................................well I got into the room but all I could find was broken glass. I think everything was broken when the ship was rocking back and forth during the storm. Parker : Oh great so what do we do now sit here and wait to die. WAIT!!! I have an idea maybe one of us should die in order to keep the others alive. Pym : You mean cannabilism? Parker : Yea Pym : NO WAY!!! Peters : Acually I dont think we really have a choice. Either we do that or we die. Augustus : Yea I agree with Peters and Parker I dont think we have a choice. Pym : Ok, fine but who is going to be the one to sacrifice there self and to get eaten by the others? Parker : Well I say we draw straws. I am going to take these splinters of wood and have three long pieces and one short piece. Is that fair with everyone? Pym : Yea i guess Peters : Yea Augustus : Yea Parker : Ok, Peters you draw first. Peters : Ok, here I go................YES!!! A LONG PIECE!!! Parker : Ok, Augustus your turn. Augustus : Ok, ......................A LONG PIECE!!! Parker : Well it looks like its down to me and you Pym do you want to draw or do you want me to draw? Pym : I guess I'll draw. I cant look............................... Narrarator : To find out if Pym gets the short straw and gets eaten by the others or if he gets the long straw and manages to survive one more day read The Narrative of Arthur Gordon Pym of Nantucket.

To what extent the laws on foreign invested enterprises in China have Essay

To what extent the laws on foreign invested enterprises in China have transformed in line with China' WTO membership - Essay Example Moreover, the ‘dual tax system’ has led towards imposition of different tax rates that are applicable to FIEs and Chinese enterprises. FIEs in China possess favourable tax treatment in comparison to domestic Chinese enterprises. The FIEs are also facilitated with special tax rates as well as deduction of taxes along with tax holidays 1(LI 2008). The People’s Republic of China (PRC) Enterprise Income Tax Law, from the beginning of the year 2008 has developed a unified tax system that is applicable for both domestic Chinese enterprise and FIEs. In accordance with the revised PRC law, it has been viewed that an income tax charge of 25 percent is applicable for all business enterprises of China2. In December 2001, China acceded towards significant World Trade Organisation (WTO) that deals with trade regulations between different nations, ultimately changed the scenario of the business law environment of China3. In this regard, WTO had devised significant reforms for d ifferent FIEs in China that emphasised upon minimising tariff rates as well as opening new sectors for foreign investment. Moreover, WTO has also reformed the legal system which includes protection of intellectual property as well as control of foreign exchange4. The discussion intends to emphasize upon examining the historic background, development and features of Chinese law governing the forms of organisation belonging to FIEs. Moreover, the WTO impact upon the transformation of Chinese business law will also be portrayed in the discussion. Main Body Historic Background and Development of FIEs The historic background and the development of Chinese law governing the forms of organisations of FIEs can be segregated into three phases that have been discussed hereunder. The Initial Stage (1979-1986) In the year 1979, a law on Chinese-Foreign Joint Ventures was approved and it was the first law of the State Council of China that is related to foreign investment consumption. The Chines e State Council from the year 1979 to 1980 had provided favourable as well as flexible policies with regard to foreign investments. In order to develop the Chinese economy as compared to Soviet Union, China developed a legal system based on Soviet Union legal framework. In this similar context, it was viewed that Hong Kong as well as Macao was regarded to be the major foreign investors in China and investments were mainly made in manufacturing units as well as hotels which are mainly labour intensive5. Steady Development Stage (1987-1991) In the year 1986, the State Council instigated a law relating to the development of foreign investments for the motive of minimising issues between domestic Chinese enterprises and FIEs. Moreover, the law helped in eliminating the problem of currency exchange for foreign investors and it also facilitated the foreign investors and export businesses to reap significant benefits. During this stage, foreign investments increased in export enterprises a s well as manufacturing industries along with high technology industries and its expansion in many business areas was also been observed 6. Accelerated Development Stage (1992-1999) In the year 1993, it has been observed that the amount of foreign inve

PAS Case Study Example | Topics and Well Written Essays - 4250 words

PAS - Case Study Example After 6 months, I was asked to run the whole station store and gas pumps. The gas was closed a year after it was closed due to its line expiry. It was due to this reason that Pas Automotive repair decided to acquire a building that was the year 2000, hence the business became steady from then. Pas Automotive is luckily located on one of the busiest  streets in Sydney 500 Prince Street. With a large lot of 20 plus cars and access to the roadways, situated in 3 different directions. In business, Pas automotive repair company is among the automotive repair shop that deals with all repairs on both cars trucks boats as well as lawn mowers. In addition, the company deals with rebuilding various vehicle engines as well as changing engine oil. As the business is at a tender age, the company has a total of seven employees. Our services include; service calls, self service work where customers will be picked from a prevailed position and the problem they are encountering on their vehicle asc ertained just on time and at affordable price. Our prices depend on the  labor  guide, being serviced and provided by all of our service stations. We also give a discount price to students and  seniors. More so we have affordable and special hourly rate of 60.00 dollars an hour and this makes us cheap on the market as compared from our competitors. Research on the Pas Automotive Repair as a sole  proprietor  business is very useful. Firstly, it will aid in making a forecast to affiliate the current situation, therefore supporting the potential increase in service provision. Additionally, while delivering the service, the industry looks forward in growth and developing around the globe. There are several factors that limit their use, which may be reflected later. Moreover, the statistical analysis of the pas automotive repair company and distribution channels, which is very essential in making sound decisions, will be evaluated. Secondly, the study of online and traditional agency services (in terms of understanding consumer needs) is relevant not only for the owners of Pas Automotive Repair Company, but also for the insurance companies, transportation and others. Through the data, a clear analysis of the various factors affecting the industry is evaluated. This leads to increased efficiency and consequently increased returns. Additionally, research of the subject carries a statistical and social nature, which makes it necessary to understand the consumer behavior, as well as their knowledge of the possible opportunities. Increasing Sales and Profits One of the main objectives of advertising is to augment sales and profits. Most companies nowadays employ advertising to impart people regarding their products and services. Some forms of advertising lend themselves more to producing immediate profits. This can be with adverts availed through Billboards. The company will process and markets their services under a brand name of Pas Automotive Repair Compan y. Encourage Trial and Usage Pas Automotive Repair Company will frequently use advertising to hearten trial and convention of new services they unveil to their customer. The company will lope their advertising to bring in their services to the public as well as their customers. The company will initiate public enticements to first-time service consumers and will work based on brand equity among techniques Forms of advertisement In any company as per the requirements of marketing strategies,