Sunday, October 13, 2019

The Main Man in Macbeth :: Free Macbeth Essays

The Main Man in Macbeth      Ã‚   Shakespeare's tragedy Macbeth teaches many lessons through the character of Macbeth, whom this essay will consider in detail.    In Everybody's Shakespeare: Reflections Chiefly on the Tragedies, Maynard Mack shows how Macbeth complements his wife:    Her fall is instantaneous, even eager, like Eve's in Paradise Lost; his is gradual and reluctant, like Adam's. She needs only her husband's letter about the weyard sisters' prophecy to precipitate her resolve to kill Duncan. Within an instant she is inviting murderous spirits to unsex her, fill her with cruelty, thicken her blood, convert her mother's milk to gall, and darken the world "That my keen knife see not the wound it makes" (1.5.50). Macbeth, in contrast, vacillates. The images of the deed that possess him simultaneously repel him (1.3.130, 1.7.1) When she proposes Duncan's murder, he temporizes: "We will speak further" (1.5.69). (189)    Lily B. Campbell in her volume of criticism, Shakespeare's Tragic Heroes: Slaves of Passion, explores the workings of Macbeth's mind as he plots the destruction of Banquo and son :    If the witches have spoken as truly to Banquo as to him, Macbeth sees that he wears a "fruitless crown" and carries a "barren sceptre" in his hand; he has indeed given peace and immortality to make the race of Banquo kings. And he proceeds to his interview with the murderers, plotting what he dare not do openly, for the fear that comes when we are rivals for a thing and cannot both have it makes it seem to Macbeth:    That every minute of his being thrusts Against my near'st of life;    and he will kill his fear by having Banquo and Fleance both put to death.(224)    In his book, On the Design of Shakespearean Tragedy, H. S. Wilson tells how the audience is inclined to identify with such a rogue as Macbeth:    That such a man should sacrifice all the wealth of his human spirit - his kindness, his love, his very soul - to become a victim to continual fears, a tyrant ruthlessly murdering in the vain attempt to feel safe, finally to be killed like a foul beast of prey - this is terrible, and pitiful, too. Shakespeare has here achieved for us most poignantly the ambivalence of the tragic effect Aristotle described. We see the necessity of Macbeth's destruction; we acquiesce in his punishment unreservedly; and yet we would find whatever excuses for him we can, because we admire the Promethean quality of his courage, because we recognize his conscience as like our own, and because we share his guilt. The Main Man in Macbeth :: Free Macbeth Essays The Main Man in Macbeth      Ã‚   Shakespeare's tragedy Macbeth teaches many lessons through the character of Macbeth, whom this essay will consider in detail.    In Everybody's Shakespeare: Reflections Chiefly on the Tragedies, Maynard Mack shows how Macbeth complements his wife:    Her fall is instantaneous, even eager, like Eve's in Paradise Lost; his is gradual and reluctant, like Adam's. She needs only her husband's letter about the weyard sisters' prophecy to precipitate her resolve to kill Duncan. Within an instant she is inviting murderous spirits to unsex her, fill her with cruelty, thicken her blood, convert her mother's milk to gall, and darken the world "That my keen knife see not the wound it makes" (1.5.50). Macbeth, in contrast, vacillates. The images of the deed that possess him simultaneously repel him (1.3.130, 1.7.1) When she proposes Duncan's murder, he temporizes: "We will speak further" (1.5.69). (189)    Lily B. Campbell in her volume of criticism, Shakespeare's Tragic Heroes: Slaves of Passion, explores the workings of Macbeth's mind as he plots the destruction of Banquo and son :    If the witches have spoken as truly to Banquo as to him, Macbeth sees that he wears a "fruitless crown" and carries a "barren sceptre" in his hand; he has indeed given peace and immortality to make the race of Banquo kings. And he proceeds to his interview with the murderers, plotting what he dare not do openly, for the fear that comes when we are rivals for a thing and cannot both have it makes it seem to Macbeth:    That every minute of his being thrusts Against my near'st of life;    and he will kill his fear by having Banquo and Fleance both put to death.(224)    In his book, On the Design of Shakespearean Tragedy, H. S. Wilson tells how the audience is inclined to identify with such a rogue as Macbeth:    That such a man should sacrifice all the wealth of his human spirit - his kindness, his love, his very soul - to become a victim to continual fears, a tyrant ruthlessly murdering in the vain attempt to feel safe, finally to be killed like a foul beast of prey - this is terrible, and pitiful, too. Shakespeare has here achieved for us most poignantly the ambivalence of the tragic effect Aristotle described. We see the necessity of Macbeth's destruction; we acquiesce in his punishment unreservedly; and yet we would find whatever excuses for him we can, because we admire the Promethean quality of his courage, because we recognize his conscience as like our own, and because we share his guilt.

Saturday, October 12, 2019

Yeats’ Leda and the Swan and Van Duyns Leda Essay -- Leda Swan Essays

Yeats’ Leda and the Swan and Van Duyn's Leda  Ã‚  Ã‚     Ã‚  Ã‚   In Greek mythology, Leda, a Spartan queen, was so beautiful that Zeus, ruler of the gods, decided he must have her. Since immortals usually did not present themselves to humankind in their divine forms, Zeus changed himself into a great swan and in that shape ravished the helpless girl (Carey 58-59). Both William Butler Yeats and Mona Van Duyn base their poems "Leda and the Swan" and "Leda," respectively, on this story of a "mystic marriage." Yeats' focus on the sexual act itself, along with his allusions to Leda's progeny, manifest a grave and terrifying tone. While he raises Leda to a status similar to that of Mary, mother of Jesus, Van Duyn portrays Leda as a universal mother. By making both figures, Leda and Zeus, ordinary, she gives a "surprising twist" (Greiner 337) to the original myth, emphasized by her witty tone. In addition, whereas Yeats suggests that Leda has gained something from her encounter with Zeus, Van Duyn asserts that she has gained nothing, portray ing women in general as primarily objects of men's satisfaction. Yeats begins his poem by concentrating on the mere depiction of the rape scene. Words such as "beating, dark, helpless," and "terrified" provide this violent act of intrusion with negative connotations. The victim, Leda, is helpless against the power of the aggressor, Zeus, and terrified by his actions. Recalling the original Greek myth, Yeats clearly shows Leda's resistance at every step ("staggering girl," "helpless breast," "terrified vague fingers push"). Zeus' relationship with Leda parallels human interaction in general with either Satan or God. In Christianity, the prevailing religion of Yeats' time, pious men attempt to push away ... ...f violence, and underlying religious motif. Overall, Yeats instills fear into the reader, while Van Duyn elicits an occasional laugh; however, both poems are equally effective, one for its religious message and the other for its man bashing.    Works Cited    Barnhart, Clarence L. and Robert K. The World Book Dictionary. Chicago:Doubleday, 1985.    Carey, Gary. Cliffs Notes on Mythology. Lincoln: C.K. Hillegass, 1973. Greiner, Donald J. "American Poets since World War II." Dictionary of LiteraryBiographies. Detroit:Doubleday, 1980.    Heaney, Seamus. The Redress of Poetry . New York: Noonday, 1995.    Magill, Frank N. Critical Survey of Poetry. Engelwood Cliffs: Salem Press, 1982. Vol. 7 "Torah: The Five Books of Moses." Tanakh: The Holy Scriptures. Philadelphia: Jewish Publication Society, 1985.      

Friday, October 11, 2019

Consider the Importance of the Method of Narration Employed in Wuthering Heights Essay

Wuthering Heights is written by Emily Jane Brontà « and narrated by Ellen Dean (Nelly), a servant of both Catherine Earnshaw and her daughter, Catherine Linton. Emily Brontà « must have thought she was the most convenient of characters to narrate this novel as Nelly was alive through each generation of both the Earnshaw and Linton families. Had someone like Catherine Earnshaw narrated the novel, it might have finished at her death or would have switched narration. Also, this could have made the narration more bias, whereas Nelly, who still plays a reasonably large role as she mixes with all the characters, witnesses and observes the goings on as an onlooker first hand. However, Nelly often interferes with the lives of the characters which could have altered the forth coming events. In my opinion, one of the key times of her meddlesome attitude in the novel is reflected when she carries a letter between Heathcliff and Cathy Earnshaw who also receives permission to visit Cathy when she is ill-against Edgars wishes. She is often seen to be carrying letters between different characters which are considered to be forbidden. On the other hand, she sometimes decides to hold onto information rather than pass it on, such as when Edgar’s wife Catherine becomes increasingly ill Nelly fails to inform him. A possible downfall to having Nelly as the narrator could be that her personal opinions are shown too much in the novel, creating a biased view. Her actions are also influenced by her opinions which again produce a bias outcome as she helps those characters she favours, such as the Earnshaw siblings she grew up with over Edgar. This concept is shown in her actions as she keeps some secrets to herself instead of revealing them to Edgar, like when his daughter and Hareton’s relationship grows and Nelly ignores it.

Thursday, October 10, 2019

Kentucky Fried Chicken Essay

The report is mainly focusing on Kentucky Fried Chicken (KFC) company and has been divided into three categories at the aim of identifying the leadership and management issues in the company and suggest appropriate solutions to it. The tool that will be used in the first phase is the SWOT (Strengths, Weaknesses, Opportunities, Threats) analysis which is used to point out the strengths and weaknesses of the company and also to identifying the leadership and management issues that exist within the organization. The second part of the report consists of the evaluation and rationalization of the management and leaderships issues identified in part 1 by using the McKinsey 7S Model to help to identify what types of changes that should be made and implemented in order to help the company to improve. In the last phase of the report, an overview of the company situation will be presented followed by suggested sets of recommendation and actions for KFC in order to overcome the key issues identified. Company Backgroup  Kentucky Corporation (KFC), also known as Kentucky Fried Chicken, is a chain of fast food restaurants based in Louisville, Kentucky, in the United States which was started in the 1930 by Colonel Harland Sanders as a small franchise operation. Kentucky Fried Chicken is a very well-known restaurant in the world. It is rated at number 60 as the world most well-known brand by the BusinessWeek, while McDonald at number 9 and Nestle at number 23 (Badrishah, 2007). KFC remained the largest chicken restaurant chain and third largest fast-food chain. It held over 50 percent of U.  S market in terms of the sales number and ended the year 1995 with over 9,000 restaurants worldwide. By end of the 1995, KFC have opened 234 new restaurants and is operated in 68 countries. In the year of 1997, the company has become a brand of YUM! Brands Inc. which is the world largest fast food chain who also operates Taco Bell, Long John Silver and Pizza Hut. Currently, the company owns and franchises more than 16,200 outlets in about 100countries and have employees of more than 24,000. KFC was the first fast-food chains to enter international market and has now developed one of the world’s most recognizable brands. KFC’s early entry into the fast food industry allowed the company to gain a strong brand name in the industry and dominate the chicken industry. KFC’s nearest competitor – Boston Market (formerly Boston Chicken) and Popeye’s held market share of 12. 3 and 10. 2 percent respectively while KFC held a market share of 58 percent in the chicken segment (KFC. com, 2007). KFC’s global success is credited to its quality management which is the: Quality, Service and Cleanliness (QSC) program to review the quality of the service offered to the customers and to evaluate the company performance. Other than that, the understanding of the customers and satisfying their needs also contributed to KFC’s global success (Reynolds, 2001). Not only so, KFC also has also uses a special marketing tools to promote its product by means of combining PepsiCo product which is the beverage and the products of KFC itself, with these marketing idea, both company KFC and PepsiCo are both generating profits and it is an advantage for KFC since they no longer purchase beverages from outside company. KFC primarily sells chicken pieces, wraps, salads and sandwiches. While its primary focus is fried chicken, KFC also offers a line of grilled and roasted chicken products, side dishes such as mashed potato, sweet corn, coleslaw and desserts. KFC also uses the localization strategy while designing the menu in KFC as a way to adapt to the local taste and culture by also offering beef based products such as hamburgers or kebabs, pork based products such as ribs and other regional fare. On the other hand, judging by the current market growth in China, KFC have absorbed the Chinese cultural elements into its western management style, hence forming an inter-cultural management mode. China’s rapid economic development has opened its door for the fast-food industry and enable KFC to use localization strategy to let Chinese to have the chance to experience western lifestyle with traditional Chinese cultural embedded in it (China Daily, 2004). At present, there are more than 1,000 restaurants in China and they are now increasing at the rate of average 200 stores per year. In 2010, Yum! Brand, the parent company of KFC Corporation expects 36% of their global $2 billion operating profits from 3700 restaurants in China. The success of KFC in China has lead Yum! Brand Inc to be the most successful foreign company in China with 40% market share outstripping competitors like McDonalds (Turner, 2011). Such management mode by KFC has proved that the company has the flexibility to adapt to different cultural and environmental changes. SWOP Analysis SWOT is a tool for auditing the strategies and the environment of an organization for decision making. And it can be classified as Strengths, Weakness, Opportunities and Threats. (Pahl & Richter, 2007) Strengths KFC is recognize as the second largest fast food chains in the world, the first which being took by its main competitor, McDonalds * Holding over half of the market shares in the fast food industry. * Occupied the china market, KFC defeat McDonald and become the largest fast food chain in China market which contain 1. 3 billion population. * It have been globally recognized and experienced and having strong market in Mexico, Middle East and Asia such as China, Japan, Korea, Thailand and Malaysia. * Earn huge revenue from the franchises and licensing fees. The most major strength of the company is their Brand Equity. * Its secret recipe allowed KFC to set itself apart in the industry and maintained supremacy in the fast food market. * Every year, the profits of the company increases. * KFC have a quality management which called â€Å"Quality, Service and Cleanliness (QSC) program† use to judge the quality of its service offered to the customers and to measure the company performance. Weaknesses * Least focus about their product research and development, they more concerned about their branches expending. Inconsistent quality of services in many outlets by few of its franchises had damaging the brand name and company reputation. * Inflexibility of prices makes it unaffordable to middle class people. * Imbalanced entrance of the franchises to different markets at one time especially too concern the Chinese market has extremely decreased its global growth rate. Opportunities * Besides expanded its target market focus to family and friends of all age brackets, KFC also targeting and tempting the young customer which age between 18 to 24 years old. Dependability of the chicken meat used as the people are scared of infections from eating beef globally. * Focus in Chinese market which known as the world’s faster growing market. * Increased and effective services specially home delivery and drive though services * Induction of new products other than chicken including fish and vegetable in most of its menu in reality the whole menu is balanced and healthy which aim to attract the customers considerably. * Position itself strongly in the global markets, with a vision of increasing market value and market share. Threats * Customer began to demand more healthy and fresh food but KFC was faced with a limited menu and majority consist of fried foods * Faced by slowed sales growth in the fast-food industry, other segments of the industry have turned to new menu offerings, as they have very few products other than their selection† Fried chicken†. * Customer shift to other brand that offering the same products which in lower rates on the prices. * Less economical deals are being offered compare to its biggest competitor McDonalds who offer more cost-effective products. KFC’s Key Challenges KFC Corporation, being one of the largest fast-food chains in the world usually will have challenges that the company will have to overcome in order to retain their market share and reputations. But however, KFC restaurants around the world have various complaints regarding its services provided. It has been reported in United States that a customer was offended by the manner in which she was served. Customers complained that the employees were rude, lazy and negligent to her family and other customers. In the eye of management, a good services will help for t he long term customer relationships. But however, KFC in USA failed to realize the importance of it as employees were not given a proper training regarding good customer services (Eisenback et. al, 2008). According to some of the staff in KFC, there is a lack of communication between the marketing department and the operation of KFC. Marketing department may not give accurate details on the new promotions and new products to the KFC operation nor clearly explain to them about the campaign. This lead to many problems for the operation team as they may be confused about the promotion or coupon and hence might not be able to explain the details to customers with enquiries. In addition, it could affect the efficiency and effectiveness of operation as crewmembers may not be familiar with the new marketing strategies and may not be able to sell the products as the corporate wanted them to be (Lan & Mahmood, 1995). Additionally, KFC in China has also been reported that some KFC restaurants have failed to change their frying oil for four days and also failed to provide fresh soybean milk for customers. The restaurants has been caught for changing the dates for replacing the oil for the purpose of passing examination by district inspectors from the company, and what’s more, the employees also ignore and changed the time on unsold items to make customers believe that they were eating freshly prepared products. The condition of kitchen is also reported to be very unclean and the employees did not follow the food safety regulation such as wearing caps when preparing foods. (China Times, 2009). Despite of the corporate rules on standard operation and regulations, employees at KFC often ignore them. Such incident in KFC would destroy the company’s brand reputation although KFC Corporation claimed that they did provide training booklets which include questions on cross-contamination of food, but because of the lack of supervision, the employees would act whatever they want and ignoring the rules set by the management. The mission of KFC is â€Å"people be the first, customers be the focus† (Yum! Restaurant International, 2003) but however, it is found that KFC did not take proactive approach on listening to customers and employees. There is no systematic customer survey for its products and services. It relies on the branch managers and public relation officers to get the customers’ opinion. Although the website of KFC has a customer service comment box for customers to send suggestion, but KFC ignore those customers who are not computer savvy. Many customers were complaining that customer did not have access to a customer service number and those who were able to reach customer service often received no response. The failure of KFC to deliver efficient service proved that the management does not show concern to their customers and did not make any improvement to take care of the customer’s complaints and thought. Customers are viewed as an important asset of a company and therefore any complaints or opinions from them should be valued by the company (Eisenback et. al, 2008) Other than that, even though KFC has adequate human resources but they are lacking the capabilities. Its mother ompany, PepsiCo, makes wrong decision in its corporate level strategy. They centralize and tightens the control over existing KFC managers and such actions causes the drop of the employee morale. In addition, PepsiCo also limits the rights and powers of the franchisees’ right and power and intents to compete and acquire the franchisees’ units. Such incident has caused a dispute which last for 7 years until 1966. This also make the company performance to drop and drive down KFC’s market shares (Chu, 2003).

Wednesday, October 9, 2019

Woolf & Baym

Virginia Woolf takes into consideration the necessary conditions required for the creation of a literary work. She considers the schooling as the first pre-requisite for this purpose. Shakespeare’s sister is a manifestation of that aggravation that women writers felt over the passage of time over the issue of lack of equal opportunities for women in the literary domain. In this way she contemplates over the socio-historical reason for the inability of female writers to create a high quality work.She looks at the female historical experience and relates it with her thesis. She poses a historical questions why great women writers were absent from the literary realm in the early history of English literature and why there no Shakespeare and/or Chaucer; â€Å"Why no woman wrote a word of that extraordinary literature when every other man, it seemed, was capable of song or sonnet. † (p. 363) Her dismay over the absence of any female literary giant turns into anger and gloomi ness when she learns about the pathos and miseries of female life.Although she tries to search for any available evidence on Shakespeare’s sister but lack of substantiation compel her employ her imaginary and fictional faculties in relating the predicaments of Shakespeare's sister. Woolf's theory postulates that â€Å"For genius like Shakespeare's is not born among labouring, uneducated, servile people† because she is of the view that literary genius is a production leisure class activity. She further thinks that financial independence nurtures freedom of thought and action and this elevated flight of imagination can only produce a work of the calibre of Shakespeare.Women of that time were not free from these obstacles, so were unable to produce a great literary piece. There was female talent and genius but they wasted their talent in making money. â€Å"Hundreds of women began as the eighteenth century drew on to add to their pin money, or to come to the rescue of th eir families by making translations or writing the innumerable bad novels†(366) That is the reason that â€Å"She died young – alas, she never wrote a word. She lies buried where the omnibuses now stop, opposite the Elephant and Castle. † (367)Baym has evaluated the American literary landscape and has tried to search for the reasons for â€Å"the critical invisibility of the many active women authors in America. † Nina Baym considers the similar question about the plight of women writers in American history as Woolf described. But her attitude toward the topic is not literary but rather feminist. She says that women writer â€Å"has entered the literary history as the enemy. † (593). Even the serious critics cast doubt about the female writings. She further elaborated her point of view and questioned the female presentation in the American literature by the male writer.She described three form of male suppression that is manifested subtly in literat ure. Firstly, a woman is equalized with nature or landscape instead of her real life-like portrayal. She considers it a form of subjugation done by the conscious omission of real female characters. Secondly, she is of the view that women has been presented as an epitome of â€Å"entrappers† or â€Å"domesticators†. She considers this misrepresentation and distortion of female character as a manifestation of male suppression. She draws upon various literary sources and texts to support her arguments and to arrive at her conclusions.

Temple of Zeus at Akragas, Agrigento, Sicily 500-460 B.C Essay

Temple of Zeus at Akragas, Agrigento, Sicily 500-460 B.C - Essay Example In Agrigento, Sicily, one of the most ancient architectural designs stands there even today, attracting thousands of people from across the globe. Historically, the town is famous for its splendid assortment of more than seven Greek temples that dates back to the sixth and fifth centuries BC. Standing on the southern part of the city of Agrigento, these temples provide a classic example of a historical study about ancient architectural designs, and how they influences modern day architecture (Wilson 7). Many historians believe that the Greek colonialists are the ones who built the city of Akragas in 580 BC. These colonialists had travelled from far, precisely from Rhodes and settled in Sicily. Life during the colonial times was not any easy, as tyranny, persecutions and slavery took the orders of the day. However, these periods happened and democracy settled in slowly and the city dwellers, about 200,000 of them in the fifth century BC, embarked on a journey of developing their city. High-quality wine, olives, and horses decorated the beautiful city, and later on the most famous and beautiful temples stood elected. However, something astonishing happened in 406 BC. The Carthaginians invaded Akragas just barely eight months after the construction of the temples, and mutilated the temples. The Carthaginians ruled the city until 340 BC when Timoleon engaged the Carthage in war and finally defeated them. However, it is important to note that the city had lost its glory and magnificent scene, a scene that stands unrecovered even up to today. The change o one empire to another has not helped in the rebuilding of the temples. However, these temples still have a historical significance to modern day historians and architectural designers (Paton 74-94). In Italy, historians agree that the Olympian Zeus Temple is the prevalent Doric temple ever built and it has some historical significance. However, it is paramount to note that due to various reasons, the construction of these temple never ended. In fact, today, the temple of Zeus lies in ruins as the people responsible for its construction did not do much to compete it. Standing in the Valle dei Templi, other famous temples surround the temple of Zeus thus giving the later a sheer significance. Nonetheless, it is imperative to note that nobody recorded the exact history this temple, and therefore it is quite unclear. This does not however imply that there are no absolute facts about the temple of Zeus. In fact, one of its significance is the commemoration of war pitting Syracuse and Carthaginians (Battle of Himera 480 BC). As earlier noted the Carthaginians had taken control of the city and imposed their rule. Some historians such as Diodorus Siculus point out that the Carthaginians are the ones who built the temple by using slaves. Here, the slaves were mainly the captured enemies parading as soldiers but were now defeated and taken into captivity where they subjected them into hard work and labo r (Wilson 48-61). The ancient literature does not say much about the temple of Zeus although many historians mention it in their writings. For example, Polybius, one of the Greek historians records in a memo that although the other temples surrounding the temple of Zeus looked complete and beautiful unlike the temple of Zeus, the later was completely odd in terms of appearance, design and dimensions. He goes on to say

Monday, October 7, 2019

Evaluation of Long-Term Finance Alternatives Article

Evaluation of Long-Term Finance Alternatives - Article Example A firm can opt in for any kind of long-term financing like issue of securities, term loans, internal accruals, suppliers' credit scheme and equipment financing. There are also some additional options of funding like deferred credit, unsecured loans and deposits and venture capital financing. Types of Capital: Three types of capital can be issued by firms namely equity capital, preference capital and Debenture capital. All three of them vary in terms of risk, return and the pattern of ownership. Equity Capital - Equity share holders are the actual owners of the business. They enjoy all the profits of the company that are residual in nature and this is after paying the preference shareholders and all the other creditors, if any. The liability restriction of equity share holders is limited to the amount of share capital contributed by them. The cost of equity capital is higher than all other forms of capital. It is to be noted that equity dividends are not tax-deductible expenses and also the costs of issue is very high. Long term financing is essential for any operating firm. Long term finance are necessary for investments such as modernization or expansion of existing firms and also for working capital management. The funding process should be a trade-off between the cost of funding, the risk factor involved and the expected returns. This is in order to maintain a reasonable spread is maintained for the firm. References: 1. Financial Management for Managers, published by ICFAI center for Management Research, Ref no: FMM - 04200405. Preference Capital - Though similar to equity capital, preference capital has no obligatory payment to the preference shareholders. Even the preference dividend is not tax deductible. An advantage that the preference shareholders have is that they earn a fixed rate of return for their dividend payment. Debenture Capital - Debenture is nothing but a marketable legal contract whereby the company promises to pay its owner, a specified rate of interest for a defined period of time and to repay the principal at the specific date of maturity. These are usually secured b y a charge on the immovable properties of the company. A firm can also raise capital from the primary market by way of issuing securities. Different ways of issuing securities exist. Public Issue: Companies issue securities to the general public in the primary market and thereby get them listed in the stock exchange. These securities are then traded in the secondary market. Rights Issue: When a firm issues additional equity capital. It has to first offer such securities to the existing shareholders on a pro rata basis. Such a method of issuing securities is called as Rights Issue. Private Placement: This method of financing involves direct selling of securities to a limited number of institutional or high net worth investors. The delay in going public and also the expenses involved can be avoided in this case. The major advantages here are the easy access to any company, fewer formalities and lower issue cost.