Thursday, December 26, 2019
Walt Whitmans Influences - 1597 Words
There have been many influential writers that left their own unique mark on American history; one in particular that has made a significant impact is Walt Whitman. His writing styles evoke different nontraditional methods that did not coincide with the traditions of more ââ¬Å"mainstreamâ⬠American writers. He did this by establishing a pattern that utilized a lot of free verse compared to the more natural rhyme of poems, and also by describing his subject with emphasis to make the story as real as possible. He tried to subject his characters to a variety of situations, and seemed to establish a connection between body and pen. It could be said that Walt Whitman was the most influential writer during the 1900ââ¬â¢s and contributed the most to theâ⬠¦show more contentâ⬠¦Changing jobs from newspaper to newspaper was not a problem for Whitman. He was able to find an occupation regardless of the economy. He relocated from New Orleans due to the slaves that were being auct ioned in the newspaper. He could not bear the thought of such an appalling act. This newspaper published highly radical opinions and controversial topics for the time period, such as removing laws that allowed for the enslavement of African Americans. After the Civil War, he also published many pieces advocating for the equal treatment of African Americans, and an end to the discrimination they were facing. Due to his radical ideas were During the course of his career Walt Whitman struggled with his career trajectory. While he was an exceptional writer, his work was never fully appreciated until his death. Walt Whitmanââ¬â¢s trial and tribulations led him to write of his experiences such as in ââ¬Å"The Mississippi at Midnight,â⬠which describes how the river captured his attention. His observations created a beautiful piece of literature that encompasses the river. One of the verses that reinforces his writing style is ââ¬Å"Oh tireless waters! Like Lifeââ¬â¢s quick dream onward and onward even hurrying like death in this midnight hour you seem, life in your chill drops greedily buryingâ⬠( Whitman, The Mississippi), stating that life is too short and that it can be extinguished ever so quickly. Being captivated by the Mississippi river,Show MoreRelatedWalt Whitmans Influences1411 Words à |à 6 PagesWalt Whitmanââ¬â¢s influence to American Literary History After the Civil War, Walt Whitman realized that the American people were in need of their own identity. Therefore, he wrote the book ââ¬Å"Leaves of Grassâ⬠with the goal of creating a literature piece that was authentic and organic to the United States in every sense. Whitman introduced to literature the idea of the ââ¬Å"American Dreamâ⬠and highlighted how important it was for the American people to develop their own identity. Consequently, he rejectedRead MoreEssay about American Influences of Walt Whitman1476 Words à |à 6 PagesAmerican Influences of Walt Whitman In his poems and life, Walt Whitman celebrated the human spirit and the human body. He sang the praises of democracy and marveled at the technological advances of his era. His direct poetic style shocked many of his contemporaries. This style, for which Whitman is famous, is in direct relation to several major American cultural developments. The development of American dictionaries, the growth of baseball, the evolution of Native American policy, and the developmentRead MoreWalt Whitman Poetry Essay1685 Words à |à 7 PagesWhitmanââ¬â¢s Contribution to American Identity Walt Whitmanââ¬â¢s portfolio of poetry was a crucial staple in the American identity. Whitman used his poetry to contribute to the evolution of self-reliance, human freedom and concepts of democracy. These influences can be seen throughout all of his poems, but more relevantly in ââ¬Å"Song of Myselfâ⬠, ââ¬Å"For You O Democracyâ⬠and in ââ¬Å"Live Oak, with Mossâ⬠. After analyzing these works thoroughly, Whitman has undeniably aided in the development of American identityRead MoreI Too Sing America Analysis852 Words à |à 4 PagesSinging America Langston Hughes has cited Walt Whitman as one of his greatest influences he has had, and some believe that Hughes wrote I, Too, Sing America in response to Whitmans I Hear America Singing. Hughes builds on to Whitmans poem by writing his poem along the same lines and basics as Whitmans. Both poems talk about the way people work hard, how they sing America, and the way they are so content and never complain. All the characters work all day and they sing America, meaning theyRead More Individuality in Whitmans Song of Myself Essay1260 Words à |à 6 PagesIndividuality in Whitmans Song of Myself During a lecture in 1907, William James said the philosophy which is so important in each of us is not a technical matter; it is our more or less dumb sense of what life honestly means. It is only partly got from books; it is our individual way of just seeing and feeling the total push and pressure of the cosmos (Bartlett 546) Individuality has been a prevalent theme in every type of literature for quite some time. Whether it is a character discoveringRead MoreWalt Whitman Spontaneous Me1530 Words à |à 7 PagesWalt Whitman ââ¬Å"Spontaneous Meâ⬠ââ¬Å"Walt Whitman revolutionized American Poetryâ⬠(Norton 2190). A statement made by many, in which the American society can agree upon. His bold style of writing grasps the reader into a world where nature and sexuality meet. Whitmanââ¬â¢s collection entitled Leaves of Grass was published in 1855 to a nation barely accepting of new ideas (Oakes). During the time of slavery and great religious value, Whitmanââ¬â¢s pieces were considered immoral, traitorous and were often bannedRead MoreWalt Whitman And Allen Ginsbergs Poetry1332 Words à |à 6 Pagesyour inner moonlight; don t hide the madness. You say what you want to say when you don t care who s listening.â⬠Walt Whitman was a brilliant writer of his time, a writer that created a voice for the masses to no longer be a mass, but an individual. He was truly a pioneer of his generation, a revolutionary in thought, and this is not his quote. Due to his paralleled lifestyle to Walt Whitman, Allen Ginsberg learned a nd drew inspiration from such works as ââ¬Å"Leaves of Grassâ⬠to apply towards his ownRead MoreAllen Ginsberg, A Supermarket in California Literary Analysis1669 Words à |à 7 Pageshero and influence, Walt Whitman. This piece was an experiment of style and theme that would later dominate his career (Pagnattaro 1). It seems that the use of Whitman in this poem is a device, which the author used to contrast Waltââ¬â¢s idealism with his own cynical version of reality. Ginsberg was expressing his disdain with the hypocrisy of modern American societyââ¬â¢s ââ¬Å"progressâ⬠and the bastardization of nature that happens as a symptom of mass consumerism. The reasons why Ginsberg chose Walt WhitmanRead MoreThe Most Uneven Great Poet By Tenney Nathanson1102 Words à |à 5 PagesSoul and Body, set to them my name, Walt Whitman Walt Whitman, termed ââ¬Å"Americaââ¬â¢s most uneven great poetâ⬠by Tenney Nathanson, is one of Americaââ¬â¢s greatest poets. Born in 1819 in Long Island, Whitman lived during an era when sexuality, especially homosexuality, a term not coined until years later, was a taboo subject not to be discussed in public. Many of his poems centered on his private and public life as well as sexualizing men, women, and objects. Whitmanââ¬â¢s poems shaped history by bringing theRead MoreIndividuality And Free Verse in Walt Whitmans Song of Myself1524 Words à |à 7 PagesAmerican dream has not always been consistent, (married with 2.5 kids, 2 cars, a dog and a satisfying job), the spirit of innovation, individuality and progress remains unchanged. The father of free verse, and perhaps the American perspective of poetry, Walt Whitman embodies these values in his life and work. First published in 1855 in Leaves of Grass, Song of Myself is a vision of a symbolic I enraptured by t he senses, vicariously embracing all people and places from the Atlantic to the Pacific oceans
Wednesday, December 18, 2019
Personal Narrative Cynic, N. - 1875 Words
ââ¬Å"CYNIC, n. A blackguard whose faulty vision sees things as they are, not as they ought to beâ⬠(Bierce 1906). It was 11:38 AM on a Sunday, the 29th day of November. My mother told me she was in trance during the whole 38 hours of labor, and though it was one of the most excruciating pains of her life, she said, ââ¬Å"Something special came from it.â⬠I wish I had more knowledge of the day I was born, but after my motherââ¬â¢s horrific car accident in 2010, she forgot most of the previous lifetime events leading up to that day. My mother, Daphne, is 9 years older than my father, and she is a beautiful, light-skinned young woman, 5ââ¬â¢9 and slim, with long, black hair. She met my father during my eldest sisterââ¬â¢s first day of school. My sister,â⬠¦show more contentâ⬠¦On the weekends, or during winter and summer break, I would frequently visit either my grandmother or my father. My grandmother is whom I consider to be my second mother. She is the sweetest lady, her hair was burgundy, cut into a flowy bob, and she had a million moles. Every time I went to visit, she wo uld pamper me and treat me like a princess. Sometimes my father would pick me up from her house. He lived in a big and brown mansion in Long Beach. Every time I went to visit him I had a lot of fun; not only because we barely spent time together, but because my step brother and I would go on ââ¬Å"adventuresâ⬠around the house. Since my father lived with several people, from who-knows-where, my step-brother and I would team up with the other children who lived with us and go ghost-hunting. We were all abundantly creative so our adolescence felt more like an extensive action movie. Excluding all the adventurous activities with my family-friends, I often spent a lot of time making new friends in grade school. Education is the most important facet for me to my parents. My father, mother, and grandmother unfailingly went to the full extent to ensure that I had the best schooling. I began school early, at two-years-old, and I never felt as smart as my instructors stated I was. I never felt as if I fit in. I began middle school and changed my bad habits from elementary school into good habits. I expressed myself inShow MoreRelatedrhetorical analysis of obamas political speeches5660 Words à |à 23 Pagesdiscourse To be able to decipher ideological components in the Obamite discourse, we should give an outline on what constitutes liberal discourse and in what way it is differentiated from the conservative discourse. The basic difference of liberal narrative from that of the conservatives lies in emphasizing the importance of Enlightenment ideals over the religious ones. The creation of the nation is not perceived as the act of God but rather as based on principles of humanity. The National EducationRead MoreComparing and Contrasting Qualitative and Quantitative Social Research Methodology3905 Words à |à 16 Pagesstages of data collection that are constantly being compared along with theoretical sampling in order to identify patterns within the data collected (Creswell, 2003). Other approaches qualitative researchers may choose to use include; Case studies, narratives and case studies (Flick, 2009). Quantitative researchers mainly use primary analyses and can choose to use the experimental research approach which aims to identify causal relationships between one or more dependant and a single independent variableRead MoreWorkers Playtime?: Boundaries and Cynicism in a Culture of Fun Program10325 Words à |à 42 Pagesfactors here. Lundin et al.ââ¬â¢s widely read analysis of the Pike Place fishmongers in Seattle found a close-knit community of employees ââ¬Å"living their workâ⬠as an engrossing vocation rather than a mundane chore they would rather avoid. This extremely personal, intimate, and nonhierarchical system of management reportedly generated a sense of playfulness and enthusiastic ââ¬Å"fooling aroundâ⬠that eventually rubbed off on customers. Signs such as ââ¬Å"This is a playgroundââ¬âwatchout for adult childrenâ⬠(Lundin etRead Moreethical decision making16006 Words à |à 65 Pagestake decisive action based on insight resulting from a history of clear judgment and understanding. He or she is able to make ethical judgments without being unduly inï ¬âuenced by other personal or political factors. The person sees to the heart of the matter without the bias of personal involvement or personal feelings, without the common ethical ï ¬âaw known as ââ¬Å"conï ¬âict of interest.â⬠The discerning person is able to see what needs to be done, when, and in what way in situations involving ethicalRead MoreIndian English Novel17483 Words à |à 70 Pagesalso tempted at the threshold of their career to adopt English for their creative writing, partly because they owed their inspiration to English literature and partly because they hoped thereby to reach a wider audience. Madhusudan Duttââ¬â¢s first narrative poem, à ¢Ã¢â ¬Ã
âThe Captive Ladieà ¢Ã¢â ¬Ã , and Bankim Chandraââ¬â¢s early novel à ¢Ã¢â ¬Ã
âRajmohanââ¬â¢s Wifeà ¢Ã¢â ¬Ã , are classic examples. Wisely they discovered in time that they could create best in their own language. Some English novels of R. K. Narayan, a born story-tellerRead MoreProject Mgmt296381 Words à |à 1186 PagesProject Manager 338 Managing versus Leading a Project 339 Managing Project Stakeholders 340 Influence as Exchange 344 Task-Related Currencies 345 Position-Related Currencies 346 Inspiration-Related Currencies 346 Relationship-Related Currencies 346 Personal-Related Currencies 347 Well-Defined Requirements and Procedures 423 Extensive Training and Team-Building Activities 424 Well-Established Conflict Management Processes in Place 426 Frequent Review and Status Updates 426 Co-Location When NeededRead MoreA Picatrix Miscellany52019 Words à |à 209 Pagesinitiated into its practice. Our author quotes from a book by alTabarà ®, an astronomer not yet identified, copious instructions, for the adoration of the planets according to the usage of the Sabians. These are not given in the form of a connected narrative, but as directives, and they go so far as to enjoin prostration. At the beginning of the chapter is a list of the planets, with particulars of which planet is to be invoked for which groups of people and which desired gifts (pp.206209). FollowingRead MoreLibrary Management204752 Words à |à 820 Pagesand a flattened organization. It is an organization that can overcome limitations, understand the pressures against it, and seize opportunities when they p resent themselves. The basic principles of this approach are made up of five core areas: 1. Personal mastery, with people identifying what is important in the process. 2. Mental models, with the organization continuously challenging members in order to improve their mental models. 3. Shared vision, requiring an imagining of what the organization
Tuesday, December 10, 2019
Analysis of Financial Performance of Wonderland Construction
Question: Discuss about the Analysis of Financial Performance of Wonderland Construction Supplies. Answer: Introduction The financial statement analysis of business entities helps in developing an in-depth understanding of their present and future financial position. In this context, the report has provided an evaluation of the financial performance of Wonderland Construction Supplies through analysis of its financial ratios. The company has been started with the initial capital of $70,000 and has prepared its financial statements with due consideration of all the significant adjustments of the overall year. The report has also provided a discussion of the methods of depreciation, inventory management and internal control used by the company for improving its profitability and growth. Financial Statement Analysis The financial statements developed by the business corporations includes income statements, balance sheet, cash flows and equity statements for disclosing the financial facts and figures related to the current reporting period. In this context, the analysis of the financial statements as developed by Wonderland is carried out as follows: Income Statement: The income statement provides a description of the revenue, expenditure, net income and earnings per share of a company over a period of time. The analysis of the income statement of Wonderland states that the operating expenditure is more than the revenue realized. Therefore, the company is advised to reduce its operating expenditures for improving its profitability position. Statement of Equity: The statement represents the changes in equity structure if a company over a period of time. It can be interpreted from the equity statement of Wonderlands that it has an initial equity capital of $70,000 from which the amount of $2000 has been withdrawn as drawings. The other reductions in equity capital are due to loss incurred by the company. Balance sheet: The balance sheet of Wonderland has provided an analysis of its assets and liabilities position on the reporting date (Bebbington, Gray and Laughlin, 2001). Financial Ratios Current ratio The ratio provides an analysis of short and long-term liquidity position if a company through providing a comparison of its assets and liabilities position. The formula used for calculating current ratio is: Current ratio=Current assets/Current liabilities Wonderland Current ratio==$78,247.20/ $18,227.00 =4.5 The company has a current ratio of 4.5 which is far better than the current ratio of the competitors that is estimated to in between 1.5 to 2.5. This, the company has achieved a sound liquidity position that will help it to achieve long-term growth. Gross Profit The ratio if gross profit provides an analysis of the current profits realized by a company and can be measured through the formula: Gross Profit Ratio=Gross Profit/Sales Gross Profit Ratio=20,664.00/ $69,120.00 = 29.9% The gross profit ratio of Wonderland is 29.9% that indicates that the company profitability position is not so good. The competitors of the company are having a gross profit ration of about 4.5% and therefore Wonderland should try to reduce its operating expenses for improving the profits realised (Tracy, 2012). Methods of Depreciation The business entities incorporate the use of following tow methods for calculating depreciation: Straight-line basis: The straight-line depreciation method is the simplest method used by businesses for calculating depreciation. The method gradually reduces the carrying value of non-current assets of the company as per its useful life. Reducing Balance: The declining balance method calculates depreciation over the book value of an asset at the starting of a reporting period. The book value of an asset refers to its value obtained after deducting accumulated depreciation from its cost (Bebbington, Gray and Laughlin, 2001). Inventory Management Techniques: FIFO (First in First Out): The method of inventory valuation is based on the assumption that good purchases first will also be sold first. This means that cost of old inventory will be recognized as expenses primarily during inventory valuation. LIFO (Last in Last Out): The method of inventory valuation assumes that inventory purchased last is put to sale first (Hansen, Mowen and Guan, 2007). Mechanism of Internal Control The internal control procedures are developed by a company for ensuring the integrity and authenticity if the financial information in order to meet its long-term goals and objectives. As such, Wonderland can establish internal control mechanisms such as developing Code of Conduct for employees and managers, developing risk and audit committee in order toe ensure that all business activities are carried as per the standard guidelines (Harrer, 2008). Conclusion It can be said from the overall financial analysis of Woolworths that company though is reporting reduce profitability but will be bale to provide strong financial results in the coming period of time with its good liquidity position. References Bebbington, J., Gray, R. and Laughlin, R. 2001. Financial Accounting: Practice and Principles. Cengage Learning EMEA. Hansen, D., Mowen, M. and Guan, L. 2007.Cost Management Accounting and Control. Cengage Learning. Harrer, J. 2008. Internal Control Strategies: A Mid to Small Business Guide. John Wiley Sons. Tracy, A. 2012. Ratio Analysis Fundamentals: How 17 Financial Ratios Can Allow You to Analyse Any Business on the Planet. RatioAnalysis.net.
Monday, December 2, 2019
The Rise And Falls To Modern Medicine Essays - Surgeon, Bloodletting
The Rise And Falls To Modern Medicine In the Miller's Tale, Geoffrey Chaucer depicts the parish priest assistant Absolon and his sexual interests in Allison, the miller's daughter. In addition to his religious duties, he also had obligations in hair cutting. He could laten blood, shave, and clippe. This latter term fives rise to the medical treatment bleeding which was performed by most barbers of that era. After the disappearance of medicine during the Dark Ages, a new knowledge surfaced throughout the medical community. During these times there were a great many scientific breakthroughs. The findings of William Harvey proved that blood traveled through veins away from the heart. Claudius Galen, a renowned physician and philosopher, succeeded in explaining the function of nerves, brain structures, and some physiological tendencies of the body. However, he also contributed to the hindrance of medical advancement. He performed dissections on the human body to better his understanding as a physician. His only knowledge of the human anatomy was from that of animals; therefore, the public or medical community did not accept his studies. His incompetence slowed medical process for along time; thus, hie teaching were politely shoved aside so that physicians could search for a scientific basis for medical knowledge. This new direction of medical practices still held onto some of the old mediev al ways. Other than cutting hair, barbers were surgeons attending to small wounds, doing minor surgery, and bleeding. People believed that bloodletting could aside in many diseases though it resulted only in the rapid spread of deaths among people with potential to recover. This renaissance uncovered many discoveries that lead to the use of modern medicine such as the stethoscope, the digestive system, serums, antitoxins, and even hypnosis. The ways in medieval times initiated some of the greatest medical advances in the world, though today's society would probably be more accepting to surgeons acting as barbers on the side and NOT vice versa! Bibliography The Roots of modern medicine. http//noonyide.lick.pvt.k12.ca.us/Lick/courses/intro/h2/med/medm1.html The Roots of Roman Medicine. http://noontide.lick.pvt.k12.ca.us/Lick/courses/intro/h2/med/medr1.html
Wednesday, November 27, 2019
Research Paper on Pakistan
Research Paper on Pakistan The textile sector needs massive investments in the value added sector to face the challenges of the post 2005 qouta free regime. Common belief in Pakistan is that the sector is quite vibrant and is investing heavily. While it is true that there have been substantial investments in the sector as a whole, bulk of the investments are in the spinning and weaving sectors and not enough is being invested in the value added sectors of finishing and stitching. In the following brief presentation the impediments will be highlighted but a general structure of the industry as it stands today needs to be understood before the problems can be understood. The spinning sector is a very mature and competitive sector. Pakistan today is a net importer of raw cotton. Every thing from Australian cotton, Egyptian cotton to US Pima is imported. In fact Pakistan today is the second largest importer of US Pima long staple cotton. This goes to show how competitive this industry has become. The weaving sector is broken up in two segments, the cottage industry comprising second hand sulzers and the shuttle looms and the organized weaving sector comprising the most modern air jet weaving sector. The unorganized sector continues to grow since it is considered a cottage industry and free from all regulations like levy of sales tax etc. These produce lower quality products. While investment requirement in the new weaving machines is high, these are the future and produce specialty and high quality products. The capital requirement is very high. Over the years many spinning mills have moved into this sector and haveà integrated their units to this ne xt step. This sector is also quite competitive and moving in the right direction. The pace of investment in this sector remains slow, despite being profitable. In the last 2 years China is believed to have invested in 14000 looms compared to about 1000 in Pakistan. There can be no 2 views about the fact that the future in the industry belongs to verticallyà integrated units rather than development of the cottage industry. So why is the spinning industry slow in integrating vertically? The next requirement is for setting up of finishing mills both in the knits sector and wovens sector. Many of the projects set up in the knits sector are not world scale, with not the state of the art machinery and their cost of productions are not competitive. In the woven apparel sector there is in fact a shortage of quality finishing plants. Many people are bringing in used machinery which has literally been discarded by the developed world. It is a matter of fact that Levis does not approve any finishing plant for woven apparel products made for them. The fabrics need to be imported. Tommy also does not approve a single dyeing mill which meets its quality requirements. The exception to the rule is the home textiles where the organized sector has invested heavily and has a significant share of the global market. What does this say for the future of the textile industry of Pakistan particularly when countries like China are investing and gearing themselves massively for the quota f ree regime. China is aiming at 25% global share of the textile market by year 2005. Pakistan on the other hand is fast developing its unorganized sector and picks up every piece of junk machinery available in the developed world. So the question is why is the organized sector moving in natural direction. What are the impediments to its investments, particularly when the spinning sector seems saturated and the interest rates are low and there is ample credit availability. The following paragraphs will briefly discuss the impediments in growth of the textile sector. 1) Unimaginable amounts of stuck up refunds of sales tax refunds due to shortage of funds. The sales tax refund rules provide for 50% of the refund within 15 days of filing for the refund in a certain format. The balance refund is payable within 40 days. Can one imagine that refunds, at the time of writing this report are being processed for refund applications received in end October. That means that at best the refunds due in September, refund applications for which are filed in October are under process. Pakistan is the 4th largest producer of raw cotton in the world and the bulk of the cotton comes in the months from September to December during which time the industry purchases its requirements for the bulk of the industry. The pretext of the delayed refunds are scarcity of funds. When the government withholds huge payments of its industry, how can the industry invest. The refund rules provide for refund in a certain time frame the government should follow the laws made by itself. The wisdom of imposing sales tax on raw cotton is not understandable. The government mobilizes huge resources to collect billions of rupees of tax in lieu of sales tax on raw cotton only then to mobilize even more resources to refund these and in the process squeezing the industry out of liquidity which it badly needs to gear itself for the future. In fact, perhaps the BOI can get the figures from the CBR as to what is the gravity of the issue. Also the government should analyze what the net collection from the textile sector is. This would demonstrate net collection of sales tax from the textile industry. Given the fast growth of the cottage industry, it would not come as a surprise if the sales refund claimed exceeds the sales tax collected after accounting for the administrative expences for collections and refunds. Since writing of this report, the CBR has agreed to expedite refunds of sales tax for the spinning sector. This will provide a lot of relief to this sector, but what is needed is a long term clear policy and a policy under which sales tax is not with held unnecessarily. Furthermore a long term policy is required for the whole sector. Suggestion for resolution of this problem As a first step the BOI must make sure that refunds are made within the time frame provided in the exisiting laws. The BOI must together analyze together with the CBR and take the textile industry in confidence in analyzing what is the net collection of the sales tax from the textile industry and if it is necessary to go through the process of collecting such amounts only to refund the amounts. 2) Cumbersome requirements and frequent changes in reporting requirements for the of reporting for sales tax. There are frequent changes in the sales tax rules which require submission of Additional details and unnecessary details. An example is section 73 of the sales tax act, whereby the seller has to make sure that the payments received by him against sales is from the business account of the buyer. The seller needs to have the account number of the buyer. In cases of payments made by pay order/bank drafts also the seller needs to prove payments through the business account of the buyer. The same section requires that payment must be received with 120 days of date of invoice. The CBR should be concerned with collection of its taxes and should not be allowed to force business decisions and levy penalties which may occur due to a bad market or circumstances beyond the control of the buyer and seller. Also new refund rules vide SRO 575 have been made applicable since August 2002, whereby not only have rules been changed, the language is vague And complicated but also the data was to be submi tted in a certain computerized Programmed supplied by the CBR. The programme was untested and had to be Modified resulting in delayed submission of returns. The real issue is that instead Businesses working on their business plans their main focus and time is spent on Their businesses the business men today spend time on meeting the sales tax Requirement for this is the most important task as an inefficient sales tax Management can drive a business out of business. Suggestion Remove unnecessary reporting requirements of sales tax. Simplify the sales tax With consultation of the stake holders and then freeze new changes. 3) Import Duties on machinery and equipment When machinery is imported there is a duty leviable. Duty exemption is available under various SROs which require undertakings that a certain percentage of the production is exported in the next 5years. It has to be understood that machinery imported by any segment of the textile industry is ultimately exported in one form or the other. When an undertaking is given that the production from that unit will directly be exported, it may be depriving the local industry of the required raw material. An example is that finished woven fabrics. These are projects which require huge investments and there is a shortage of much required quality finished fabric in the country. There have been only a few projects set up in the last few years. The production from these would feed the local industry. In order to get the required duty exemptions, the investors commit themselves to export the fabrics themselves rather than supply to the local garment factories. It is needed that this requirement of di rect exports be dispensed with and the project is also allowed to supply to local garment factories for ultimate exports. If quality fabric is available locally, it would encourage setting up of stitching factories. Finishing projects specially have a rather long gestation period. Certain projects set up in the last 2 years valued in excess of a billion rupees have taken more than 2 years to come to even break even levels. Pakistan does not have the necessary know how and there fore these type of projects need to be encouraged instead of levying taxes on import of machinery. What this law does not consider is that it is forcing the mill to export the fabric to another country rather than making the finished fabric available of the domestic industry. The local stitching industry does not have availability of good quality fabric while the fabric maker is forced to export the fabric in order to meet the requirement of export to be elegible for duty free import of machinery. Suggestion Machinery imported for any segment of the textile should be completely duty free without any compulsion of exports. Machinery imported by the textile sector is in one way or the other imported for the purposes of ultimate export and the industry should be freed from all the record keeping and periodic audits. For the projects already set up, the present requirements of duty free import under SRO 554 should be amended to allow indirect exports 4) Income tax Presently on exports a withholding tax is deducted as full and final settlement of tax liability. If a unit exports more than 80% the assessee can pay the withholding tax on the local portion and is not required to file returns. If the tax laws are amended so that a withholding tax at the same rate as export, is deducted on local sales also becomes the full and final settlement. This law actually already exists but the procedure is for indirect exports and payment is made through a SPO ( Special Purchase Order). The procedure is quite cumbersome and difficult to comply with. The difference between the organized sector and unorganized sector will be removed. But the real benefit would be that the producers would be free from tax issues and can concentrate on what they should be spending time on, i.e their business development. It is my opinion that even the tax revenue will increase. 5) Need for making a strategy at the National level to encourage more mills in the organized sector to integerate vertically. The BOI and the ministry of Commerce should clearly define and develop a strategy for the era of quota free regime. A goal should be made to encourage an X number of mills in the organized sector to move upstream into manufacture of made ups. This may involve review of the present quota policy. It should be stressed that in the quota free regime it is theà integrated mills that will be able to gear themselves for the new competitive regime. Unless the industry readies itself now, there will be a lot of difficulties in the future. Unfortunately the quota policy has discouraged vertical integeration since quota has been given on performance and apart from a small qnty available through auction, qouta can only be bought with cash payments at exhorbitant rates. This has discouraged much of the organized textile sector to do busiess in the value added sector. 6) A clearly defined policy to fight anti dumping cases, and a permanent team is required to be set up for negotiation of better terms of trade. In future there will be a lot of actions against exports from Pakistan, such as anti dumping duties. The industry finds itself in a panic when ever a new action is initiated. A permanent body needs to be set up comprising prominent lawyers, government officials as well as business who are well conversent with dumping laws. It should also be clearly defined that when an action is initiated who will bear the legal costs. A case in point is the recent dumping investigation initiated by the EU. First, at the beginning of 2002, EU removed all duties on made up exports from Pakistan. The advantage was fully taken by the industry through increasing exports, of course through investments. However the surge in exports was not welcome by producers in the importing countries. There was an apprehension of dumping investigations, however Pakistan made no attempt, diplomatic or otherwise, so that the dumping complaint not be entertained by the EU. Instead one fine day the exporters received intima tion that the complaint was filed and accepted for investigation. After this, there were discussion within the industry as to who will pay the expences for the investigation, with the government refusing to pay any thing. It is suggested that a very strong permanent panel be formed to face these matters. In addition, the more competitive Pakistanââ¬â¢s exports are the more the industry will grow through investments. A permanent team needs to be created which develops strategies for better market access and better terms of access for our products into imported countries. Various international treaties signed by various countries have brought tremendous benefits to even non textile based countries. Exoorts from Jordan to the US are duty free into the US. This has brought tremendous investments in Jordan. Investments in textiles made ups in African states is booming, due to the African Tearty signed by them with the US which allows duty free imports into US goods which are manufactu red in the African states. Pakistan needs to organize and see if it can improve the terms of trade. A permanent body, again comprising competent lawyers, government officials andà knowledge and capable business men. There are many issues on which the exporting country can negotiate with the importing country. For example, Pakistan today is the second largest importer of US PIMA cotton. The products made from this go to the US after processing. Can Pakistan not develop a strategy to build up a lobby within the US comprising cotton exporters that products made with US cotton in the US can come in duty free to the US. Pakistan is sure to invest in some massive infrastructure projects in the future. Can this not be linked with again some better terms of trade benefits for its textile exports. Steps such as these can be part of Pakistans over all investment and export strategy. In summary, the textile industry is perhaps on of the few industries in the country which does not depend on any government subsidy or tariff protection to survive. Unfortunately, instead of making itself ready for the quota free regime, the industry is too involved in the day to day issues of taxation, whether it is sales tax refunds, import duty, DTRE rules income tax assessments etc. These are the only subjects of discussion of businesses with the ministries of Finance, Commerce, CBR, EPB and all other government functionairies. The above suggestions are basically to further deregulate the industry and make it more focused and let its entrepruners devote all their attention to business development rather than divert their energies in fulfilling government compliance regulations. Simple tax laws and regulations will go a long way in boosting investments. In addition through the above suggestions the government needs to improve its market access and better terms of trade for exports of Pakistani products abroad.
Saturday, November 23, 2019
Film Review Essay examples
Film Review Essay examples Film Review Essay examples Zac Garcia Ms. Lynch Film Studies 10/31/14 Movie Review Of Gone Girl Gone Girl, starring Ben Affleck and Rosamund Pike as a torn married couple named Nick Dunne and Amy Dunne. It is directed by David Fincher and based off the book written by Gillian Flynn. This film is about a distressed couple Nick Dunne and Amy Dunne. Amy one morning goes missing and Nick comes home from the bar he owns to see the living room torn up as if a kidnapping or robbery occurred. It portrays Nick throughout the film to have a weird relationship with Amy due to how he reacts and acts throughout this. The film gives off this weird vibe throughout the entire movie that always has you second guessing your opinion on what is going to happen. An investigation goes on and it takes you through many twists and turns such as learning Nickââ¬â¢s back story, his secret life, and Amyââ¬â¢s past. This movie does an excellent job of leading you on to think one thing and then one scene completely changes your view. When the viewer finds out what really happened to Amy, he or she will be completely blown away and this is why this film is such a great thriller. Just by seeing the trailer for this movie, I knew that I was going to love it. I was on the edge of my seat the whole time and I can honestly say it was one of the best movies Iââ¬â¢ve ever seen. It perfectly leads you on and gives you just the right amount of hints to give you a hint as to what happened but then one scene just changes
Thursday, November 21, 2019
Negotiate in business Essay Example | Topics and Well Written Essays - 1000 words
Negotiate in business - Essay Example "At the business level, firms follow generic strategies: cost leadership, differentiation, focused cost leadership, focused differentiation, or integrated cost leadership/differentiation. There are three corporate-level negotiation strategies: multi-domestic, global, or transnational (a combination of multi-domestic and global)" (2). Each business must develop a competitive negotiation strategy focused on its own domestic market. Negotiation strategies have some unique features. The negotiation strategies are based at least partially on the type of negotiation corporate-level strategy the firm has chosen. Some firms pursue corporate strategies that give individual country units the authority to develop their own negotiation strategies; other corporate strategies dictate the negotiation strategies in order to standardize the firms products and sharing of resources across countries. (3) Canadians are usually independent thinkers, who are not afraid to go against the group consensus. Canadians will argue their personal viewpoints enthusiastically, though rarely aggressively when negotiating (4). Canadians have a tendency to be reasonably formal and reserved in the workplace. The business traditions can be hierarchical, although summits are usually very autonomous and all participants are encouraged to voice their opinions. (2) In recent years, strategic alliances have become a popular means of negotiation expansion. Most strategic alliances are formed with a host-country firm that knows and understands the competitive negotiation conditions, legal, and social norms, and cultural idiosyncrasies of the country, which should help the expanding firm manufacture and market a competitive negotiation product. (1) In return, the host-country firm may find its new access to the expanding firms technology and innovative products attractive (3). Each partner in an alliance brings knowledge or resources to
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