Friday, January 31, 2020
Locke and Hobbes Essay Example for Free
Locke and Hobbes Essay How does the founders view of power affect the framers reactions to John Locke? According to Locke, how does man enter the political society and what is the purpose of that society? What obligations does the government have in the civil society? What obligation does the individual have? How do Hobbes and Locke differ? Do you think Americans would agree with Locke? You may read the first paragraphs of the Declaration of Independence to assist you. What evidence do you have to support your view? The founders believed that the power of government should be limited, so it doesnt trample on peoples natural rights. The framers thus wrote in guarantees that the government could not usurp individual freedoms. Locke believed that citizens gave their consent to the government so that society would operate freely and safely. Government should ensure equal opportunity and protection of political and property rights. The individual is obligated to participate in the political process, but abide by the governments rules. Hobbes is more pessimistic about how violent the state of nature would be and is therefore willing to give the government more power than Locke is. Yes, Americans seem happy that the government has power, but individuals retain rights as well. Unlike many countries, the United States has never had a revolt against its government in the last 200 years (The Civil War was something very different.)
Thursday, January 23, 2020
To Autumn â⬠A Proclamation of Life and Hope Essay -- Keats To Autumn E
To Autumn ââ¬â A Proclamation of Life and Hopeà à The poem "To Autumn" is an amazing piece of work written by one of the greatest poets of all time, John Keats.à From a simple reading, the poem paints a beautiful picture of the coming season.à However, one may wonder if there is more to the poem than what the words simply say.à After it is studied and topics such as sound, diction and imagery are analyzed, one can clearly say that Keats used those techniques to illustrate the progression of death, and to show that there is still life at the end of life.à à à à à From the very beginning of "To Autumn,â⬠sound appears to be an important aspect of Keatsââ¬â¢s technique.à When the words are studied, there is an even mixture of loud and soft sounds.à Some soft sounding words ââ¬â words that use consonant sounds that are soft when spoken such as an s -- include mists, close, son, bless, mossed, and trees.à There are also the hard sounding words ââ¬â words that use consonant sounds that are loud when spoken such as a b or t -- like maturing, round, thatch, and budding.à The words do not appear to be randomly used, but they seem to have a pattern: the hard and soft sounds come in pairs.à In the second line, we see, "close bosom friend of the maturing sun.â⬠à Close and bosom go together, with close being loud and soft with the hard c and soft s, and bosom being loud and soft with the b and s.à The words ââ¬Å"maturing sunâ⬠are not placed together haphazardly either.à Maturing is a v ery hard word with the m and t sound; sun is a very soft word, beginning with an s.à Also, in the third line Keats says, ââ¬Å"Conspiring with him how to load and bless.â⬠à Autumn is conspiring . . . to load (loud due to the p and d sounds) and bless (soft due to the double s soun... ...cluding lively images such as crickets singing, red breasts whistling, and swallows twittering.à This ends Keats message of the vitality at the conclusion of life.à à à à à Keats used the poem "To Autumn" to illustrate the progression of death and the existence of hope and life in the face of impending death.à He uses sound by moving from a mixture of loud and soft words in stanza one, to mainly soft in stanza two, to a complete mixture in stanza three of soft then loud.à He also uses diction and imagery by reflecting the quick and kinesthetic constitution of youth, the slow and full characteristics of the coming death, and the arrested and barren traits of death, and finally, the resounding proclamation of life and hope in the very end.à Works Cited: Keats, John. "To Autumn." Columbia Granger's World of Poetry. CD-ROM. Rel. 2.2. New York: Columbia UP, 1995.
Wednesday, January 15, 2020
Chem Paper
www. moalims. com KBSE Guess Paper IX Biology 2010 NEW PATTERN Section ââ¬Å"Aâ⬠(Multiple Choice Question) Q. 1. Prepare multiple choice questions from your text book. Section ââ¬Å"Bâ⬠(Short Questions Answer ââ¬â Zoology) Q. 2. Define the following ? ? ? ? ? ? ? ? Physiology Ecology Cytology Taxonomy Palaeontology Genetics Bio-Chemists Embryology OR Write contributions of Al-Farabi, Ibn-Al-Haitham, Bu-Ali Sina in the field of Biology. Q. 3. Write contributions of Galileo, Robbert Hook, Louis Pasteur, Charles Darwin, Greogor John Mendal, Watson and Crick in the field of Biology. OR Write two verses about the origin of life. OR Describe the structure and functions of the Nucleolus. www. moalims. com www. moalims. com Q. 4. Draw and neat and labelled diagram of the Digestive System of Frog. OR Draw a neat and labelled of the Respiration System of Frog. OR Draw a neat and labelled diagram of the Ventral view of Heart of Frog. OR Draw a neat and labelled diagram of the Brain of Frog. Q. 5. Describe five kingdom classification Margulus and schwartz. OR Describe the structure and characteristics of Virus. OR Write four common characteristics of the following. ? ? ? ? ? ? ? Phylum Protozoa Phylum Porifera Phylum Coelenterata Phylum Annelida Phylum Mollusca Phylum Echinodermata Phylum Arthropoda OR Write four common characteristics of the following ? Class Pisces www. moalims. com www. moalims. com ? ? ? ? Amphibia Reptilia Aves Mammalia Q. 6. Write down four functions of the blood. OR Name three important arteries of the Arterial System. OR What is Exoskeleton? Name two phyla of animals having exoskeleton. OR Draw a neat and labelled diagram of the structure of human Eye. OR Write the names of any three Endocrine Glands. Also write the name of one harmone secreted by each of them. Q. 7. Write short note on the following ? ? ? ? ? Heroin Cocaine Marijuana Nicotine Alcohol Q. 8. Define the following ? Variations www. moalims. com www. moalims. com ? ? ? ? Crossing Over Biosphere Eco-System Predation Q. 9. Write short note on the following ? ? ? Thread Worm Liver Fluke Round Worm Section ââ¬Å"Bâ⬠(Short Answer Questions Botany) NOTE: Answer any SEVEN Question from this Section. Each Question carries (03) Marks. Q. 10. Define the following ? ? ? ? ? ? ? ? Biological Method Hypothesis Theory Bio-Technology Experiment Result Deduction Observation Q. 11. Define Genetic Engineering. ww. moalims. com www. moalims. com OR Write on function of each of the following. ? ? ? ? ? ? Mitochondria Golgi Bodies Ribosomes Endoplasmic Reticulum Centriole Vacuole Q. 12. What are Plastids? Describe any TWO types of Plastids. OR Write five differences between prokaryotic cell and a Eukaryotic cell. OR Define Tissue. Write the names of four types of Plant Tissues and describe t hem briefly. OR Write two functions of each of the following. ? ? ? Root Stem Leaf Q. 13. State the following parts of a Brassica Flower. ? ? ? Calyx Corolla Androceium www. moalims. com www. moalims. com ? Gyneocium OR Draw neat and labelled diagram showing the internal structures of a Rod-Shaped Bacterium. OR Define the following ? ? ? ? Pyrenoid Isogany Mycellium Hyphae OR Write four salient features of cynobacteria (blue-green algae). Q. 14. Write four characteristics of Fungi. OR Draw neat and labelled diagram of the internal structure of chlamydomones. OR Write four general characteristics of Bryophytes, Tracheophytes. OR Write three points of differences between Gymnosperms and Angiosperms. OR With the help of a labelled diagram explain the structure of Adiantum, Ptris. Q. 15. Write three points between Monocot and Dicot. OR www. oalims. com www. moalims. com Write four importance o Vascular Plants. OR Define the following ? ? ? ? Parasits Saprophytes Insectivorous Plants Symbionts Q. 16. What is Pollination? Name its two types. OR Write advantages and disadvantages of Vegetative propagation. OR Write down four types of bacteria on the basis of nutrition and write twobeneficial and two har mful aspects of bacteria. OR Define the following terms ? ? ? ? ? ? ? ? Alleles Hybrid Allelomorph Homozygous Heterozygous Phenotype Genotype Dominant Character www. moalims. com www. moalims. com ? Recessive Character Q. 17. Describe the Law of Independent Assortment. OR Why is vegetative propagation ideal for growers? OR Define Photosynthesis? Write its chemical equation. OR How the excretion in plants is different from animals. OR Define Ecosystem and write the names of its components. Section ââ¬Å"Câ⬠(Discriptive Questions Answer ââ¬â Zoology) NOTE: Attempt TWO questions from this Section. Q. 18. Define Biogenesis and Abiogenesis and describe Needham, Louis Pasture's Experiment. OR Define Mitosis and Write the names of four phases of Mitosis. Q. 19. Draw a neat and labelled diagram of Arterial System of Frog. OR Draw a neat and labelled diagram of the Eye of Frog. Q. 20. Define Metamorphosis and describe its two types. www. moalims. com www. moalims. com OR What is meant by Flora and Faunn? Write a short note on the Funna of Pakistan. Q. 21. Describe the process of digestion in Man. OR Define the term Ventilation. Q. 22. Draw two neat and labelled diagrams of showing the two stages of Ventilation i. e. inspiration and expiration in the Human Respiratory System. OR Draw neat and labelled diagram of the structure of human heart. OR Draw a labelled diagram of L. S. of human kidney. Q. 23. Draw and neat and labelled diagram of Human Brain. OR Draw a neat and labelled diagram of Human Eye, Human Ear. OR Describe the process of Asexual in Animal. OR Describe the process of reproduction and development in Frog. Q. 24. Describe Watson and Crick model of DNA. OR Describe Lamarck's theory of evolution in detail. OR www. moalims. com www. moalims. com Describe Darwin's theory of evolution in detail. OR Write in detail Abiotic components of Ecosystem. OR Define the following ? ? ? Carbon Cycle Water Cycle Nitrogen Cycle OR Write short note on the following ? ? ? Bacteria Protozoa Viruses Q. 25. Write short note on the following ? ? ? ? Influenza Poliomyelitis Measles AIDS OR Draw neat and labelled diagram of human tooth. Section ââ¬Å"Câ⬠(Discriptive Questions Answer ââ¬â Botany) www. moalims. com www. moalims. com NOTE: Attempt TWO questions from this Section. Q. 26. Draw a neat and labelled diagram of Root, Stem, Leaf. OR Explain the structure of Nostoc with the help of labelled diagram. OR What are heteropic plants? Write short notes on saprophytes and Insectivorous plants. OR With the help of diagram describe and experiment to show. ? ? ? Carbon Dioxide is necessary for photosynthesis. Oxygen gas is evolved during photosynthesis. Chlorophyll necessary for photosynthesis. OR Which factors are necessary for photosynthesis? Describe them. OR How A. T. P formed in a cell? Explain. OR Write two similarities between respiration and combustion and two differences between photosynthesis and respiration. Q. 27. Define Transpiration. Write five factors affecting the rate of transpiration. OR With the help of diagram describe the physical properties of Xylum. OR Define two types of movements in plants and give one example of them. www. moalims. com www. moalims. com OR Describe Asexual Reproduction in plant. OR What is mean by dispersal of Seeds and Fruits? Describe any two methods of dispersal of Seeds and Fruits. OR Describe Mendel's Law of Segregation in detail. www. moalims. com
Monday, January 6, 2020
Critical Thinking Is Not The Assault Of Sustained Thinking
Voltaire once said, ââ¬Å"No problem can withstand the assault of sustained thinkingâ⬠(ââ¬Å"Voltaire Quotesâ⬠) What Voltaire intended to convey was that extensive and critical thinking can allow people to arrive at rational solutions to problems. This is one of the reasons why the significance of thinking critically has become a popular issue that is discussed about in educational systems nowadays. It is imperative that students develop critical thinking skills and not just blindly be taught what to think, but rather how to think. Pure memorization will not lead to authentic learning; instead, encouraging critical thinking is what will help students evaluate problems and make reasonable decisions. As humans are susceptible to emotions, criticalâ⬠¦show more contentâ⬠¦Colleges strive to implement a curriculum that encourages students to think critically as developing this skill is crucial for them to be able to evaluate information from various perspectives throug h questioning to arrive at a conclusion. Since applying the familiar to the unfamiliar, analyzing situations from different points of views and digging under the surface level are skills that require practice to be learned, critical thinking should be tightly weaved into the reading and writing aspects of each course in college. According to The Perry Model of Intellectual and Ethical Development, students begin with dualistic thinking and ââ¬Å"generally believe knowledge is certain and unambiguousâ⬠(Thoma). This explains how some people are afraid to think critically, because they are stuck with the mindset that there is only a right or wrong answer. As the students advance each stage in the Perry Model, they begin to accept multiple contexts and eventually come to accept the lack of certainty in the world. The need for answers from teachers or authority diminishes, and students realize the need to use complex reasoning to understand the uncertainties of the world instead. Hence, critical thinking skills develop over time, in which teachers act as catalysts for students to step out of their comfort zones. If
Sunday, December 29, 2019
Summary and Review of Proof, a Play from David Auburn
Proofà by David Auburn premiered on Broadway in October 2000. It received national attention, earning the Drama Desk Award, the Pulitzer Prize, and the Tony Award for Best Play. The play is an intriguing story about family, truth, gender, and mental health, set in the context of academic mathematics. The dialogue is quick-witted, and it has two main characters who are compelling and well-developed. The play does, however, have a few salient flaws. Plot Overview of Proof Catherine, the twenty-something daughter of an esteemed mathematician, has just laid her father to rest. He died after suffering from a prolonged mental illness. Robert, her father, had once been a gifted, ground-breaking professor. But as he lost his sanity, he lost his ability to work coherently with numbers. The audience is quickly introduced to the main characters of the play and their roles in the storyline. The lead character, Catherine, is brilliant in her own right, but she fears that she might possess the same mental illness, which ultimately incapacitated her father. Her older sister, Claire, wants to take her to New York where she can be cared for, in an institution if need be. Hal (a devoted student of Roberts) searches through the professors files hoping to discover something usable so that his mentors final years wont have been a complete waste. During the course of his research, Hal discovers a pad of paper filled with profound, cutting-edge calculations. He incorrectly assumes the work was Roberts. In truth, Catherine wrote the mathematic proof. No one believes her. So now she must provide proof that the proof belongs to her. (Note the double-entendre in the title.) What Works in Proof? Proofà works very well during the father-daughter scenes. Unfortunately, there are only a few of these flashbacks. When Catherine does converse with her father, these scenes reveal her often conflicting desires. We learn that Catherines academic goals were thwarted by her responsibilities to her ailing father. Her creative urges were offset by her propensity for lethargy. And she worries that her so-far undiscovered genius might be a tell-tale symptom of the same affliction to which her father succumbed. David Auburns writing is at its most heartfelt when father and daughter express their love forââ¬âand sometimes despair overââ¬âmathematics. There is a poetry to their theorems. In fact, even when Roberts logic has failed him, his equations exchange rationality for a unique form of poetry: Catherine: (Reading from her fathers journal.)Let X equal the quantities of all quantities of X.Let X equal the cold.Its cold in December.The months of cold equal November through February. Another strength of the play is the character Catherine. She is a strong female character: incredibly bright, but by no means prone to flaunting her intellect. She is by far the most well-rounded of the characters (in fact, with the exception of Robert, the other characters seem bland and flat by comparison). Proofà has been embraced by colleges and high school drama departments. And with a leading character like Catherine, it is easy to understand why. A Weak Central Conflict One of the major conflicts of the play is Catherines inability to convince Hal and her sister that she actually invented the proof in her fathers notebook. For a while, the audience ââ¬â¹is unsure as well. After all, Catherines sanity is in question. Also, she has yet to graduate from college. And, to add one more layer of suspicion, the proof is written in her fathers handwriting. But Catherine has a lot of other preoccupations. Shes dealing with grief, sibling rivalry, romantic tension, and the slow sinking feeling that she is losing her mind. She isnt terribly concerned about proving that the proof is hers. But she is deeply upset that the people closest to her fail to believe her. For the most part, she doesnt spend much time trying to prove her case. In fact, she even tosses the notepad down, saying that Hal can publish it under his name. Ultimately, because she doesnt really care about the proof, we, the audience, dont care too much about it either, thereby diminishing the impact of the conflict on the drama. A Poorly Conceived Romantic Lead There is another weakness in this play, the character Hal. This character is sometimes nerdy, sometimes romantic, sometimes charming. But for the most part, hes an unpleasant man. Hes the most skeptical about Catherines academic abilities, yet through most of the play, he never chooses to talk to her, even briefly, about math so as to determine her mathematical skills. He never bothers until the plays resolution. Hal never states this overtly, but the play suggests that his main reason for doubting Catherines authorship of the proof is a sexist bias. Lackluster Romantic Storyline Most egregious in this drama is the half-hearted love story that seems tacked on and extraneous to the dramatic center. And perhaps it is more accurate to call it a lust story. During the second half of the play, Catherines sister discovers that Hal and Catherine have been sleeping together. Their sexual relationship seems very casual. Its main function to the plot is that it increases the hurt of Hals betrayal in the eyes of the audience as he continues to doubt Catherines genius. The play Proof is a fascinating yet flawed exploration of grief, family loyalties, and the relationship between mental health and truth.
Saturday, December 21, 2019
Client s Name A Short Note On Diabetes, Type II...
Clientââ¬â¢s name is C.H. she is a 45-year-old women who was admitted on August 15, 2016 for a right knee replacement with alcohol intoxication who was currently going through delirium tremens (DTs). Past medical history included hypertension, type II diabetes and alcohol abuse. The most pertinent relevant family/social factors about this patient was the fact that she has a history of physical abuse from her past boyfriend and a history of abuse with alcohol. This was a vital piece of information that helped to mold care for the patient. This patient was chosen due to the fact that the interaction of the patient was one that has not been previously explored during other clinical rotations and changed my overall perception on how patients should be treated. The Nursing Process Assessment The body systems that were assessed on this patient was examined utilizing a focus assessment. The patientââ¬â¢s primary diagnosis for being admitted to the Post-Surgical unit was for a knee replacement. First assessment was general appearance and mental status. C.H. was alert orient x2. She was aware of self, but not oriented to place or reasoning why she was hospitalized. Patient would constantly have asked, ââ¬Å"Are my dogs with me?â⬠ââ¬Å"Did you feed the dogs before you left?â⬠During the patients stay, a Code Silver called on her, which indicated violent tendencies. Fortunately, patient was receptive and appropriate during shift. A0 x3- oriented to person, place, time and situation. Pupils round,Show MoreRelatedNursing Care Plan Essay10501 Words à |à 43 PagesNursing Care Plan CLIENT CLINICAL PICTURE Mr. GB is a 78 year old white male admitted to Bay Pines VAMC on 6/18/96. for atypical chest pain and hemoptysis. V/S BP 114/51, P 84, R 24, T 97.4. He seems alert and oriented x 3 and cheerful. Bowel sounds present x 4. Pt. has a red area on his coccyx. 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Friday, December 13, 2019
Strategy and international management Honda motors Free Essays
string(126) " different region is practicing a boom, so operating in different countries instability can be less experienced by companies\." Introduction This essay is about the potential objective of the multinational company of entry in to the new market for expanding business and maximizing profit in new explored market, and will highlights possible insinuation of a global company in host country economy. In this essay Auto car manufacturing Company will be critically highlighted that why multinational auto manufacturing company expands business to other regions and discover new market places and what are the grounds behind that step. The chosen company for this critical essay is Honda Motors. We will write a custom essay sample on Strategy and international management Honda motors or any similar topic only for you Order Now Before discussing Honda motors foreign direct investment (FDI), its motives of investing abroad from its home country, and the home country policies regarding FDI. It is vital to provide company background first and its history. Honda is sustaining a global point of view, and is devoted in supplying products of the uppermost excellence keeping in view a reasonable price for worldwide buyerââ¬â¢s satisfaction. Honda Motor Company Limited is possibly best branded as an auto maker. Among the car manufacturing companies in Japan Honda is second and fifth biggest and successful car manufacturing company in the world. Today Honda is renowned for its innovation, excellence, well-built and advanced engineering which combine to get the best possible output in auto market and that is the reason why Honda has strong image among leading car manufacturing companies. Honda is a Japan based company, which has made its name in the manufacturing of cars in very short period of time. Honda Motor Company was founded by Soichiro Honda and his partner, Takeo Fujisawa (Source, www.honda.com). Innovative strength of mind is obvious in the absolute name of their business, which is Honda Technology Research Institute Company Limi ted. Honda is considered to be the primary producer of engines across the world in terms of the complete volume of the engines it manufactures annually. Honda endeavoured into the Japanese car industry after 1960 with the T360 (Source, www.honda.com). In this essay I will focus Honda Motors investment in Pakistan. Honda Atlas Cars Pakistan Limited is a mutual enterprise between Honda Japan Motors and the Atlas Group Pakistan. Honda Company was established in 1992 and combined agreement was signed in 1993. The inauguration ceremony was held on 17th of April 1993 and within a very small time of 11 months, construction and erection of machinery was completed. Honda invested in Pakistan because of numerous reasons which can be called the perfect location for investment. As per Dunning the location, owner specific and internalisation advantages are three basic fundamentals for multinational company to invest across the border. Pakistan got strategic importance because of its prominent geography. Indian Ocean on one side and very close of Persian Gulf which is very significant for trade import and export purpose. Pakistan is like a gate way for Middle East, for Central Asia to China and India. Pakistan is at number 9 with a population of 140 million, so it is clear that Pakistan has got a vast market and around 40 million hard working cheap labour. Road and rail infrastructure of Pakistan is reasonable well dev eloped and it is developing time by time. Because of its link with Persian and Arabian Sea export processing zone is working from 1980 and because of large demand three more export processing zones have started working in Sialkot, Risalpur and Saindak. Honda invested in Pakistan because Pakistani economy usually showed sensitivity and possible aptitude to convene exogenous blows and minimize risk (Source:- www.unescap.com). Pakistan got very strategic place in term of foreign direct investment (FDI) as per economic survey of Pakistan FDI is increasing from 2006-2007 from 6 billion US dollar which is almost 48% higher than last year. According to figures there are around 3.9 million auto cars on the roads of Pakistan, and the demands for vehicles individually and combined are increasing rapidly, and prominent figure is calculated of 300,000 as an annual demand. Multinational companies from Japan, Europe and Korea have invested around 1.5 billion dollars in Auto industry of Pakistan (Source:- www.unescap.com). It is the matter of fact that developed markets drench with the passage of time, keeping this point companies still want to preserve expansion. Honda keeps a strong point of expanding their business to areas which are less saturated. Most of the certain saturated markets may welcome variety from other developed economies and companies attempt to invest in those markets to capture market share. Pakis tan government has eased up the investment policy environment foreign private investment. For welcoming and encouraging foreign direct investment in export-oriented industries, an Export Processing Zone (EPZ) is set up in Karachi. The government of Pakistan has also ratify a wide set of investment incentives including credit facilities, fiscal incentives, and visa policy. Foreign controlled manufacturing companies exporting 50% or more of their production can now borrow working capital without any limit. Other foreign-controlled manufacturing companies including those not exporting and selling in the domestic market can borrow rupee loans equal to their equity without prior permission of the State Bank of Pakistan. Foreign investment in Pakistan is sheltered through the Constitution (Article 24) as well as through specific laws. Section 8 of the Protection of Economic Reforms Act 1992 provides legal cover to foreign investment in Pakistan. Honda established its unit in Pakistan due to several factors which they believe that will maximise their profit by investment abroad like abundant low cost land and natural resources, vast cheap and technical working people, increasing local market, reasonably developed infrastructure and important and critical location. As According to Dunning (2008) company invest abroad because of suitable climate, proximity to relevant markets, availability of raw materials and minerals, and availability of low cost advantages such as cheap labour. Honda invests overseas to lessen revelation to one market. This gives Honda international diversification and leads to benefits for Honda. As the global economy changes over the time and recession is affecting one area some time another economy in different region is practicing a boom, so operating in different countries instability can be less experienced by companies. You read "Strategy and international management Honda motors" in category "Essay e xamples" According to Dunning (2008), It has to be more gainful for the company to develop its resources in overseas, rather than in domestic, locations. Honda chose site in Lahore, Honda current location in Lahore Pakistan is near to Allama Iqbal International Airport Lahore which can be easily and affordably accessed adding to this it can be easily access from motorway which connect main cities of Pakistan and nearly 90 km from Faisalabad international dry port. Honda is enjoying economical delivery of cars with its well managed delivery set-up all over Pakistan. Pakistan government policies are very much in favour for investors of auto makers to invest in Pakistan. Honda invested huge amount of investment in Pakistani market so that to get more benefit and capturing more international reputation from the cheapest cost of production in Pakistan economy, as there is availability of cheap and skilled labour as it is fact that companies with labour intensive production processes hav e a larger incentive to invest overseas and thus benefit from these cost efficiencies. This gives host country many advantages like increase in export, boost in economy and linkage with other countries. According to Lipsey (2002), FDI has a great influence on any host country economy and increases the interaction of countries and export from the host country increases as well. Customers who are interested in new models are manufactured in the local country (Japan) and as well as manufactures in Pakistan, is another, verdict weighty factor and gives a extra advantage to Honda FDI policy. Dunning (2000), said that market seeking factor is appropriate in the FDI decision making process. One of the reasons why Honda invests abroad is diversification. By diversifying, it reduces risk and by diversifying worldwide, one can reduce the risk further. International investing provides investors the opportunity to spread risks over more than one market. Due to rise in oil prices that increases transportation cost of vehicles from one country to other country so the prices of imported vehicles are normally are very high than the cars which are manufactured and assembled in home country. Honda is enjoying this case by establishing its manufacturing and assembling unit in host country as to maximise its markets shares and reduce risk. High import duties make imported cars prices higher and unaffordable. Market saturation and increased competition at home have lead automakers to the evident termination that future growth will occur in investing abroad where population is more and where the demand of cars is much. Honda motors have domination over its firm specific advantages and can exploit them abroad, ensuing in a higher trivial return or lower trivial cost than its opponents, and thus in more profit. This was said by Cantwell (2000), that advantage in technology might be used to increase international expansion and this can be motivating factor as well for companies. The s ubsistence of a particular know-how or core ability is an asset that can give rise to economic rents to Honda. These rents are gathering by Honda by licensing the Firm Specific Advantages to another firm, exporting products using Specific Advantages as an input, or amendment subsidiaries abroad. Honda has its unbeaten technological power and innovation in their manufacturing and this makes it the successful car manufacturing company in the competition. There were and still there are competitors for Honda in Pakistan as some companies started well before than Honda in Pakistan, they know how the market and environment is. According to Hymerââ¬â¢s (1966), to compete in the overseas market foreign companies must possess some kind of advantage. Such advantage can be of many different types, but the most obvious is size and market power. A business intend to build up a firm precise advantage in international market and development tends to be completed in the market because of locali sation feature like trading hurdles, expensive carrying costs, company mostly adopt this criteria by investing out from its home country in their own services to a certain extent than through, let take a example of a licensing or agreements. The more insubstantial the company exact advantage is much stronger that propensity would be. To do business with intangible assets are very tricky and difficult to handle. There is some significant argument is that transnational corporation exist because information crossways boundaries can be moved much powerfully in the corporation rather than among independent industry, the reason is not of market collapse. That extracted that in common intangible asset can be taken as a demanded asset, but can rarely be separated from the company itself and it is impossible to be taken as a community good (Source, www.ousest.com). As the oil prices are increasing day by day so to afford heavy cars are getting tougher so trends towards small and local manufactured cars are increasing and that is the reason why Pak Suzuki Motors enjoys a domination in the car market with 40.2% of car market share and Honda has 14.7% of market share and trying its level best by deploying the new and advanced technology to its cars with affordable price (Source:- www.ousest.com). Honda has transferred nearly all its advanced technology to the unit working in Pakistan so that to facilitate the customers with innovation and advance technology with low prices as exporting cars from Japan to Pakistan becomes more expensive and unaffordable for buyers to grab the car of their dream and also buyers tends to buy relative cheap and locally manufactured and assembled cars so to reduce the factor of losing customers Honda makes sure that market must be in hand by investing more in host country. According to Dunning firm must have some owner ship advantages to penetrate in any country and capturing the market through that ownership advantages. Initially Honda was emphasizing on investments in countries where political situation were stable and government policies were in favour of foreign investment to reduce barriers in their investment and returns, Pakistan political matters were never been much stable but the policies and climate are always in a favour of foreign investment, Honda neglected the political factor and invested hugely in Pakistan to capture the uprising car market of Pakistan. This showed the interest of Honda as an active market seeking FDI. Economic prosperity is the main ingredient to the countryââ¬â¢s progress and advancement. Foreign investment gives the strong base for economic development. FDI added notably in the human resources development, capital formation, and organizational and managerial skills of the people in the country. One of the positive spillover effects was that the occurrence of foreign firm helps in enlargement infrastructure facilities, which makes it easier and profitable for local firms to crowd-in (Lemi, 2004). In developing countries like Pakistan FDI is helpful to narrow down the Saving-Investment gap. The economic benefits of FDI were extensive ranging, it unlock new opportunities of knowledge, transfer of technology, training of manpower, market networking and externalities in the host countries. The potential advantages of the FDI on the host economy are it facilitates the use and utilization of local raw materials, it bring in modern techniques of management and marketing, it eases th e access to new technologies, Foreign inflows could be used for financing current account deficits, it increases the stock of human capital via on the job training. The local ventures are able to learn by watching if the economic structure is suitable (Bhagwati, 1994) also it stimulates the investment in RD (Calvo and Robles, 2003). Although there is huge positive impact of FDI on host country economy there is some negative implication that results due to FDI. Often seen that host country faces problems with FDI, government has less control over the foreign companies which are operating in the country and this results in not adopting the economic policies of the host country. Defence of the country has to face some risk due to incoming foreign investment. Foreign firms deploy its home country policies in the host country firm which sometimes are not suitable for the workers of the host country. Inflation rate increases in a considerable amount in host country. One of the main negative impacts of FDI is that the economically backward section of the host country is always inconvenienced when the stream of foreign direct investment is negatively affected (Source:- economywatch). Honda is providing advanced and innovated cars to the its customers mostly in affordable price and playing important role in the economy of the country as well. Honda investment resulted not only in maximizing their profit but resulted in opening of thousands of jobs and also pays taxes to the government. Honda successful investment and increase in profit motivated other companies to invest in Pakistan which will be again beneficial to locals and to government. But going to the depth of Honda investment, Honda is getting more than their investment but Honda is still not able to provide more employment opportunities by expanding their units to other cities in Pakistan. Although the unit is fully working in Pakistan but still car prices are not in a range of middle class community which could be in affordable price if Honda management reduces a small percentage from their profit. Highly technical staffs are still called from Japan and avoiding local technical staffs to remain where the y are, Honda must send host country technical staff to trainings abroad so that human resource of host country can go further up in the company making more opportunity for others. This will in return reduces Honda cost and will be helpful for host country human resource. References: Bhagwati, J.N. (1994), ââ¬Å"Free trade: Old and new challengesâ⬠, Economic Journal, 104, pp.231-246. Cantwell. J. (2000). A survey of theories of international production: the Nature of the transitional firm, London: Routledge. Dunning, J.H. (2000). ââ¬Å"The Eclectic Paradigm as an Envelope for Economic and Business Theories of MNE Activityâ⬠, International Business Review,9, pp. 163-190. Dunning electic paradigm, information available http://www.ousest.com/internalis, accessed on 4th March 2011. Hymer, H. (1979). The Multinational Corporation: a Radical approach, New York: Press Syndicate of the University of Cambridge. Information available on www.ousest.com, website accessed on 21st April 2011. Information available on www.honda.com, website accessed on 2nd March 2011. Information available on http://www.adb.org, website accessed on 22ndFebuary 2011 Information available on www.dawn.com, website accessed on 1st March 2011. Information available on www.honda.com.pk, website accessed on 2nd March 2011. Information available on www.economywatch.com, accessed on 5th March 2011. Investment Policy, Information available on www.sbp.gov.pk, accessed on 5th March 2011. à · Information available on www.unescap.org/tid/publication/part_two2223_pak.pdf, accessed on 7th April 2011. à · Information available on http://www.ousest.com/transact.html, accessed on 7th April 2011. Lemi, A. (2004).ââ¬Å"Foreign Direct Investment, Host country productivity and export: The case of US and Japanese multinational affiliatesâ⬠, Journal of Economic Development, 29. Lipsey, R. E. (2002). ââ¬Å"Home and Host country effects of FDIâ⬠, NBER Working Paper No W92923, available on www.ssrn,com, accessed on 27thFebuary 2011. Pakistan Research Repository, information available on www.eprints.hec.gov.pk, accessed on 1st March 2011. . How to cite Strategy and international management Honda motors, Essay examples
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