Types of business Essay Example for Free

Types of business Essay A sole trader is one who is wholly responsible for his business and hence has complete control over it. He keeps all the profit generated from the business and runs the business according to his own will. He does not have access to substantial capital for expansion; he does not have anyone to manage his business affairs and therefore has to do all the work by his own. Sole proprietorship has unlimited limited which means he will have to sell his own assets apart from business in order to pay back the debts. Partnership: the Business is run by partners who share the profit and loss according to the share of capital put into the business. It is run by mutual ideas of the partners. They can overcome each other weakness which can be helpful in making the business more profitable. They loss form the business is shared among the partners. One of the disadvantages is that the profit generated from the business has to be shared among the partners . The partners may get into conflict when making any decision. Corporation: There are two types of corporations. Private limited and Public limited. Private Limited corporations are those where the shareholders have limited liability and the shares of the corporate may not be offered to the general public. One of the major advantages of private limited company is that the corporation is separated from management and its members (the shareholders). Another advantage is that all the shareholders have limited liability that means only there share in the business is at stake and they are not liable to pay back the debt from their own property. Disadvantages may be that all the decisions have to be consulted with every shareholder that takes time and effort. The other form of corporation is the public limited corporation where the ownership is held by the public . The company has limited liability; a public limited corporation has a greater access to financial institutions for loans which is not the case with sole traders or partnership. With so many shareholders, they can all contribute their ideas for the benefit of the company. The disadvantages of a public limited company is the double taxation , at first the company has to pay the corporation tax on the profit earned and then the shareholders pay the tax on the dividends they get . Second advantage of a public limited company is that there are many legal formalities involved in setting up. The third disadvantage may be that the public limited corporation is bound to disclose all the financial information to its shareholders that takes a lot of time, effort and money. (Cinnamon and Larsen, 2006) Franchising: It is a method by which a person uses a business name that already exists. The person who takes the name is know has franchisee and the person who owns that business is know as franchisors. The franchisee in order to get authorize to use the name of the business has to pay a fees and a percentage of gross monthly sales. Sherman , 2004) Advantage to the franchisor may be that it can come near to the market by giving out the name to a franchisee. For a franchisee the advantage may be that he can earn from a business that already exists and is well renowned. Disadvantage for the franchisor is that the franchisor has to keep in eye on the quality of the products available in the franchise and also on the customer service given by the franchisee. For a franchisee the disadvantages may be that he has to give some profit to the franchisor. (Sherman , 2004)

The Chinese Culture Essay -- essays research papers fc

The Chinese Culture This report is about the myths and beliefs of the Chinese culture. It's about the stories the Chinese created to explain the world around them, and generally how they perceived their surrounding environment. This report deals with ancient myths and the people who believed them, and what the current believes of these people are. The Southwest Creation Story The Southwest creation story is a myth which explains why people are different. The myth begins by saying that there were people on earth who were all alike, meaning there weren't people who were black, white, oriental, etc.. It states that the humans on earth all generally were the same. There were also gods who lived above the clouds in the heavens. And there was a huge heavenly ladder which started on a mountain and reached all the way up to heaven's door. It goes on to tell a story of a man who had two children. One was a girl and the other was a boy. They lived in a house which had a huge very thick roof. The man had built the roof so thick because it rained almost every day. He hated the rain. He knew it had its benefits but too much of it ruined his crops, destroyed his livestock and every time it rained the roof of the house was destroyed. And every time the man rebuilt it, he made it thicker and thicker. He blamed all his misfortune on the Duke of Thunder. The Duke of Thunder was one of the gods who lived in the heavens. He was the god of rain and thunder. The man dispised the Duke very much and had a pure hatred of him. Every time it rained the Duke would descend from the heavens and stand on a hilltop. There he would watch with pure delight as the rains and thunder came down harder and harder. Finally the man had had enough. One day he took his axe and waited on the hilltop for the Duke to arrive. When the rains came so did the Duke, and the man slashed him in the back.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  The Duke was hurt but not killed because he was a god. The man caged him and brought him home. He put him in a corner and warned the kids not to go near him. And to especially not give him water. The next morning was a beautiful sunny one, but the Duke looked horrible almost as if he was dehydrating. The man told the children he had to go to the market and said again not to go near the Duke no matter wha... ... his son. Zoa was killed by his own brother who was ashamed of what his younger sibling had become. What the magician didn't tell Zoa was which close relative would kill him. Zoa who had become overconfident wasn't as great as he thought he was. And he was too arrogant to not know that the gods should not be challenged. This myth tells that becoming overconfident will eventually hurt you and that no one could beat their destiny. The Chinese in this story believed in the gods, they were very religious people and this myth tells that the gods should not be challenged. Both of these myths were written a long time ago and I don't think that the people today still believe in these myths as strongly as the people who wrote them did. I think it's like Halloween in our culture. We still practice the custom as the ancient people did but we don't have as much as a strong believe in ghosts and goblins as our ancestors did. Bibliography Birch, Cyril. Chinese Myths And Fantasies. Great Britain: London, 1992. Fei, Charles. Strange Creatures. New York, 1990 Ke, Yuan. Dragons And Dynasties. China: Beijing, 1993 *Chinese Myths.* Grolier Encyclopaedia, 12th ed. 1996.

Novel Analysis: Love in the Time of Cholera

Gabriel Garcia Marquez is one of the greatest authors in world literature.   This Nobel Laureate came from Latin America, but his novels have been acclaimed all over the world.   One of those novels is Love in the Time of Cholera.   Love in the Time of Cholera by Gabriel Garcia Marquez is a remarkable novel that renders love as an illness.   In addition, the story reaffirms the presence of love through romanticism, and declares its absence through a rational point of view. Love in the Time of Cholera is about the enduring love story between Florentino Ariza and Fermina Daza.   Florentino first encountered Fermina when he delivered a telegram to Lorenzo Daza, Fermina’s father (Trainor).   Florentino fell in love with her and soon the young lovers were exchanging love letters (Trainor).   However, the discovery of their relationship brought the couple apart.   Fermina was expelled from school because she was found writing love letters, and her father also saw love letters in her room that prompted him to take Fermina on a long trip to forget about Florentino (Trainor). After a long absence, Fermina returns as a beautiful, full-grown woman.   She has forgotten about Florentino, and at their encounter upon her arrival, she asks him to â€Å"forget it† (qtd. in Couteau).   In turn, he tries to win her back, but his efforts were futile (Trainor).   In time, Fermina marries renowned Dr. Juvenal Urbino.   This deeply affected Florentino, and he vowed to win Fermina back no matter how long it takes. Indeed, after fifty-one years, nine months and four days, Florentino got his opportunity (Couteau).   Dr. Urbino died when he fell from a ladder in an attempt to save his parrot (Trainor).   At the doctor's funeral, Florentino wasted no time in telling Fermina his feelings toward her (Trainor).   This angered Fermina, and she tells him to leave (Trainor).   The funeral incident was soon followed by the exchange of letters, and the two lovers resume their romantic relationship (Trainor).   In the end, Florentino and Fermina go on a river voyage (Trainor). Cholera may be the implied disease in the title, but the story presents love as the real illness.   The manifestation of love as a sickness is best embodied by the character of Florentino.   He is so engrossed with his love for Fermina that it eventually proves detrimental to his health.   In the second chapter of the novel, Florentino's homeopath godfather mistakenly assessed his sickness as cholera, when he was merely exhibiting symptoms of love sickness (Trainor). In the same chapter, Florentino also consumed flowers and cologne which made him vomit (Trainor).   The emotional anguish he feels over his unrequited love for Fermina is translated into physical suffering (Trainor).   Therefore, love is an illness because its effects prove to be harmful to one's physical and emotional state, as exemplified by Florentino. The story also shows the presence and absence of love, as personified by the two men in Fermina's life: Florentino and Dr. Urbino.   Florentino is the romantic, as he is possessed with so much love for Fermina that he spends his entire life in winning her affection.   On the other hand, Dr. Urbino, is the rational.   He may be Fermina's husband, but their relationship was founded on respect, instead of love. Florentino fell in love with Fermina at a young age, and remained preoccupied with that love throughout his life.   The extremity of his love for her even left him unable to write a decent business letter; this is because all he could write were letters for her (Trainor).   Moreover, when he is sent to jail because of his violin serenade, he feels a sense of martyrdom (Trainor).   Lastly, when Lorenzo attempts to kill him, Florentino declares that it is a noble thing to die for love. Despite his claim that he had saved his virginity for her, Florentino had 622 sexual relations with numerous women (Couteau).   However, sex was only a means to deal with his longing for Fermina (Trainor).   He may have been physically disloyal, but he was emotionally faithful to her. In contrast, Dr. Juvenal Urbino is the rational.   He is not overcome with emotions like Florentino, and everything he does follows logic.   He marries Fermina, even though he acknowledges the absurdity of such union (Penguin Group).   His notion of love is logical, and rejects love as â€Å"unruly passion† (qtd. in Penguin Group).  Ã‚   For him, love is a mere â€Å"invention,† a feeling that one can evoke on purpose (Penguin Group).   It is therefore no surprise that theirs was not happy marriage, which Dr. Urbino did not mind at all.   This is because instead of happiness, he values stability in marriage (Penguin Group). As opposed to the affectionate and emotional character of Florentino, Dr. Urbino is rigid and passionless.   The two men may be extremely different in terms of characteristics, but both were disloyal to Fermina.   Dr. Urbino had an affair with a woman named Barbara Lynch during his marriage to Fermina (Trainor). Fermina strikes the balance between the two men.   As a young lady, she reciprocates Florentino's affections with equal enthusiasm.   However, after the trip, she assumed a more mature stance in life which made her reject him.   Her marriage to Dr. Urbino is a logical step, since she married for convenience instead of love (Couteau).   After her husband dies, she again honors her emotions and embarks on a river cruise with Florentino. Gabriel Garcia Marquez artfully depicted love as an illness in his novel.   He described how love's intensity can affect one's own physical and mental state.   Moreover, he renders love through romanticism, and shows how rationality is devoid of it.   Indeed, Love in the Time of Cholera is a great novel, as it reveals love and its many aspects. Works Cited Couteau, Rob. â€Å"Love in the Time of Cholera by Gabriel Garcia Marquez.† Arete December 1988. Penguin Group USA. 19 February 2008 . Trainor, Katherine. Sparknote on Love in the Time of Cholera. 19 February 2008 .

Analysis Of The Prologue Of The Canterbury Tales

Bhakta, Karan English IV, Sixth Hour Mr. Adcock 8 December 2015 The Religious Vows In The Prologue of The Canterbury Tales, Geoffrey Chaucer has some religious characters who break the vows they pledge for, to get a place in the Church. Many characters in the story seem to have an awkward characteristic that the writer did not notice. Why do the religious characters break the vow? How do they break it? For example, the monk was a primary part of the church, but as you keep reading, the characters start to change in ways you could never imagine. Some character do not interact with each other depending upon their social class level. The vows that the religious characters break are the Vow of Poverty, the Vow of Chastity, the Vow of Obedience, and the Vow of Stability. The vow that is probably the most frequently broken is the Vow of Poverty. According to the â€Å"Prologue† of The Canterbury Tales, Chaucer says; â€Å"I saw his sleeves were garnished at the hand/ With fine grey fur, the finest in the land. / And on his hood, to fasten it at his chin/ He had a wrought-gold cunningly fashioned pin† (197-200). As a religious figure, the monk probably should not be expensively dressed in fine fur or gold jewelry. He is also showing others that he is rich with all this jewelry. Later Chaucer says, â€Å"He did not rate that text at a plucked hen/ Which says that hunters are not holy men†(181-182). He ignored the rules of the monk and acted on his. Also he isShow MoreRelatedAnalysis Of The General Prologue To The Canterbury Tales Essays1044 Words   |  5 Pagesthe lowest order was involved in this practice. Geoffrey Chaucer, one of the most important writers in English literature, was the author of The Canterbury Tales, an elaborate poem about the religious pilgrimage of twenty nine people to Canterbury. In the General Prologue Chaucer introduces each individual along for the journey. Through The Canterbury Tales, we discover the hypocrisy and virtues Chaucer narrates in his characters and can appreciate th e nuances in this superior piece of literatureRead MoreAnalysis on the Prologue of the Canterbury Tales by Geoffery Chaucer805 Words   |  4 PagesIn his General Prologue, Geoffrey Chaucer introduces all of his characters to the reader. He writes that there was a group of people who met, and were all, coincidentally going to Canterbury. In the General Prologue, it is written, â€Å"Some nine and twenty in a company Of sundry folk happening then to fall In fellowship, and they were pilgrims all That towards Canterbury meant to ride.† The Canterbury Tales is a collection of the stories that each of these characters tells on the journey. ThereRead More Character Analysis of The Wife of Bath of Chaucers Canterbury Tales1623 Words   |  7 Pages Character Analysis of The Wife of Bath of Chaucers Canterbury Tales The Canterbury Tales is Geoffrey Chaucers greatest and most memorable work. In The Canterbury Tales, Chaucer uses a fictitious pilgrimage [to Canterbury] as a framing device for a number of stories (Norton 79). In The General Prologue of The Canterbury Tales, Chaucer describes in detail the pilgrims he meets in the inn on their way to Canterbury. Chaucer is the author, but also a character and the narrator, and acts likeRead MoreUse Of Satire In Canterbury Tales1301 Words   |  6 PagesChaucer’s Satyric Attack (An analysis of Chaucer’s use of satire to reach his intended audience in his Canterbury Tales) Satire is defined as â€Å"the use of humor, irony, exaggeration, or ridicule to expose and criticize peoples stupidity or vices, particularly in the context of contemporary politics and other topical issues† (Oxford). Another term that people would be more familiar with to describe this would be sarcasm. Language can be utilized in a nasty way, especially when wanting to demoralizeRead MoreThe Canterbury Tales : An Analysis Of Medieval Life By Geoffrey Chaucer939 Words   |  4 PagesCanterbury Tales: An Analysis of Medieval Life by Geoffrey Chaucer The Canterbury Tales is strongly considered one of the greatest works in medieval literature. An admirer of Chaucer, and the author of Chaucer and the Fifteenth Century, H.S. Bennett describes Chaucer’s unique style as, â€Å"No detail was too small for him to observe, and from it he could frequently draw, or suggest, conclusions which would have escaped many.† While The Canterbury Tales was originally intended to be an epic poemRead More The Monk Essay778 Words   |  4 PagesCHARACTER ANALYSIS The Monk When one thinks of a monk, he may imagine someone who studies, prays, and performs manual labor. The Monk, one of the thirty pilgrims travelling on a pilgrimage to Canterbury in The Canterbury Tales, is nothing like the usual monk many people imagine. He is rebellious, ignores rules, and lives and controls his own life. Chaucer, the narrator and author of The Canterbury Tales, shows these characteristics in the way the Monk looks, the things he says and does, andRead MoreEssay about The Canterbury Tales by Geoffrey Chaucer947 Words   |  4 PagesThe Canterbury Tales by Geoffrey Chaucer Chaucers Pardoner is unique within the group travelling to Canterbury. While the Parson, the Wife of Bath, the Clerk, and others would love to sway the group toward their respective opinions and views, the Pardoner intends to swindle the group out of its money. His sermons are based on sound theology, but they are rendered hollow by his complete lack of integrity in applying them to his own life. He is a hypocrite - his root intention is toRead MoreThe Wife of Bath Essay947 Words   |  4 PagesBath The Wife of Bath, one of the many characters in Chaucers The Canterbury Tales, is a feminist of the fourteenth century. Chaucer, in the General Prologue, describes her as promiscuous. The Wyf confirms this claim in the prologue to her tale, the longest in the book. An analysis of the General Prologue and the Wyfs Prologue reveals a direct relationship between the Wyf of Bathe and the characters in her tale, such as the knight, queen, and ugly woman. There is a direct correlationRead MoreSignificance Of The Second Nun Essay1222 Words   |  5 Pageswould immediately stop what they are doing to inorder   attend. Due to the lack of description in the general prologue and fact that the second nun accompanies the prioress and three priests many scholars speculate that she may have similar characteristics to the prioress such as being concerned with spiritualistic items and not being fully devoted to the three vows. Evidence in numerous tales such as the pardoner, the Monk and The Friar indicate that Chaucer viewed religious figures of the church asRead MoreThe Wife Of Bath s Prologue1134 Words   |  5 PagesThe Wife of Bath uses bible verses in â€Å"The Wife of Bath’s Prologue.† Further, she employs the verses as an outline of her life to find reason in God to justify her actions. Nevertheless, the purpose of the verses differs within each stanza of the poem. The Wife of Bath is a sexually promiscuous, lustful, an d manipulative woman. She marries men one after the other as they get older and die. In order to combat and overthrow the speculation and criticism being thrust upon her by societal norms because