Brave New World Essay Example for Free

Brave New World Essay When we first got off the early rocket at the Savage Reservation, I was full of joy, excitement at the fact that I was finally going to see the Savage Reservation. I had heard lots of stories about the place and I was drawn in when the first story had started. What was more was that I was going with the man whom I was with at the time. It was a feeling I had never felt before in my life. I think the people here call it love. When we first arrived, we got given our soma rations- enough for 2 half-gramme tablets a day and we started following the directions of the Delta-Minuses. Seeing them there, mindlessly repeating the directions to us, made me sure that I definitely would not want to be a Delta-Minus or any class for that matter, Beta-Minus’ get the best of both worlds. We get very good jobs and Alpha’s are attracted to us. What could be better? The first message we heard from the Delta was that we were a good few miles away before we would even see the Savage. So we set off and progressed hill after hill, a tedious and laborious job. A few hours later, we finally arrived at the Savage Reservation at dusk. Nothing could have prepared us for what we saw at that moment. The building were no more than 2 stories high and most of them were huts. The place was full of dirt, with no Deltas or Epsilons to clean up the mess. There was no factories or hatcheries. We were told shortly after we arrived, that people had babies here. Not pre-designed babies but real life babies! Our stay was quite short-lived. We were only supposed to stay here for a month, my stay was much more long-lived. We decided to go out for a walk that day, through the forest, the only part with decent greenery. We soon got tired after the long walk, so we decided to lie down and rest, although we did not get much. We were awoken to the sound of thunder and lightning piercing our ear-drums. No amount of soma could have prepared us for what was to come. When we saw the lightning we ran as fast as we could, whilst hearing the screams and shouts from the locals. All Tomakin’s movements were a blur to me, for all I could think about was my feet and the fact that I needed to take soma. I think we were running for a long time when I started to feel tired and stopped running, going down to a normal walking pace, increasing the distance between Tomakin and I. To make matters worse, a bolt of lightning struck down right in the middle between us so I could not run back to him. I then fled as far as I could, away from the thunder. Away from the soma. Away from my life in the hatcheries. The social services then tried to look for me but at that point I was hidden away within the maze of the forest, hiding in a hut that I built. Therefore I was never found and was presumed dead. I will never forget that day. That day that Tomakin and I were split up forever.

Primary School Capers :: essays research papers

It seems so long ago now, since the mischievous days of mid-primary school. Since the days I never did homework, and was ever so surreptitious to avoid getting caught – well trying to anyway. And the days when my little ploys of â€Å"forgetting† to have done homework, were discovered in the most humiliating of ways. There was on specific day this happened, I can vividly remember. It was grade 3, half way through primary school, a time I never contemplated high school or my future, a time when the concept of homework was a joke. Like the facetious Hyena, I was in hysterical laughter at peoples’ earnestness toward school. But life is not without karma, as I now understand the importance of homework and schooling. Today school is about â€Å"ENTER† scores and getting â€Å"A+†. Back then it was about staying away from the â€Å"Goodie, Goodies†, who would always have the homework completed for question time the next day. â€Å"Goodie, Goodies† to us little â€Å"blokes†, were usually girls in the class, or a boy we considered to be a girl – a â€Å"pussy†. Why is it that the majority of human beings have a lackadaisical approach to school? All those cliched comments like â€Å"I hate homework† or â€Å"school sucks big time man†, reinforce a wide spread inclination to not do homework. Is that what it is, or is it all about image and ego to us â€Å"blokes† – earnestly trying to avoid the dreaded label: â€Å"Goodie, Goodie†. It is therefore not half-obvious why schools such as Camberwell Grammar experience horrific cases of school bullying. Occupied with maintaining our â€Å"tough† image, we â€Å"little tackers† never took heed to these important issues. Nor did we take heed to doing homework. During grade 3, our Math homework became accustomed to rotting away at the depths of our school bags, along with the mould ridden sandwiches and three-year-old bananas. One day â€Å"judge dread† (the teacher), was going through the homework question by question†¦ â€Å"Math books open at least nights homework† in what sounded like a vultures screech. I opened at some pretend page and stayed low key, whilst the teacher mercilessly pointed her finger around the room. It was terrifying as she always seemed to sense an â€Å"evader† in the room – her eyes a radar, and her finger a laser, ready to embarrass her victim at any moment. All the â€Å"Goodie, Goodies† held their fingers in the air back at the teacher, which seemed like some tribal link between teacher and â€Å"Goodie, Goodie† – it was the â€Å"Kripendorfs Tribe† of St.

Payless Service Blueprint

Payless Shoe Source is a discount footwear retailer with over 4,572 retail stores in 15 countries. This company does not only focus on providing different fashion possibilities for the family at a great price, but distinguishes themselves by offering an engaging, easy-to-shop experience and outstanding customer service. Our group chose this company to blueprint because it has a very elaborate customer service process.This company focuses heavily on providing the customer with a great shopping experience by following a series of â€Å"critical actions† that must be delivered to one hundred percent of the customers during their journey in the store. In addition, one of our group members works in this company and therefore, it would be easier to grasp an in depth understanding of the service process and be able to have easier access to all the information we needed.When shopping at the store, the customer goes through five different steps in their shopping experience. The company calls this process the â€Å"customer journey,† consisting of the following stages: Enter, Browse, Try-on, Check-out, and Walk-out. When the customer approaches the store, the customer is impacted by the store’s physical evidence for the first time. The first physical evidence the customer comes across is the store’s outer appearance. They may ask themselves does the store look in good condition and/or is it open.Once they get that established, they notice the parking lot to see if there are any available spaces to park and also if it’s clean. Once they park, the first thing they see on the store is big posters on the windows. The store always has advertisements on the windows to show customers what sales they have going on during that time. The sale posters alone can influence a customer to walk in the store and that alone can make a customer walk in the store with certain expectations, such as prices and brands. As the customer walks in the store, the Enter stage begins.The customer walks into a lobby area, which contains a little jewelry/sunglasses section slightly to the side and in front of them, there are displays of the latest or â€Å"hottest† shoes for customers to view at first. To the left or right wall of the store, there would be handbags/purses for the customer to see, many which match certain shoes. Payless Shoesource as the name says it, is mainly to shop for shoes, but all these extra items that the customers come across in their shopping experience influence a customer who initially went in for a pair of shoes to walk out with two or three extra items, or ccessories they might not even need or did not realize they needed. Once the lobby area has been viewed, the customers are offered assistance and are directed to their size. If they are shopping for children, an associate offers to measure the child’s feet and then directs them to the kid’s aisle. This is where the Browse stage begins. The ai sles are divided by men’s, women, and children. The aisles containing the shoes should be well-organized, put in correct order by size and department, and should be color-coded. This helps the customer and employees to find things easier.In this stage of the customer journey, an associate approaches the customer and initiates interaction. The salesperson asks the customer an open ended question such as, â€Å"What type of shoes are you looking for today† to better understand the customer’s needs. The associate then suggests the customer styles for them to try on and helps them find the right size. Furthermore, in this stage the associate also ensures that the customer understands the promotion that the store has in case they were not yet given that information at the Enter stage.If a certain style is not found in the aisles, the associate checks the inventory system (support process) with a handheld computer device called a scanner. With this device the associat e can check inventory, prices, and in what other payless locations the shoe is in stock. This device is very important physical evidence because it can influence a customer’s experience positively. This allows the employees to give a faster and more accurate service. After the customer begins trying on shoes, the associate goes back to check on the customer and delivers the critical actions for the try-on stage.This stage is very important because the company has determined that sixty-four percent of customers who try on shoes make a purchase. The associate begins by complementing their selection. This can change the sixty-six percent to eighty-eight after a customer receives follow-up. The associate then offers the customer a second style or a matching accessory to increase the units per transaction. Once the customer picks the products they want to buy, the associate offers to take the shoes to the registers which are at the front of the store, where the Check-out stage beg ins.In the beginning of the transaction a customer is asked for personal information such as name, address, and email address that is input in to the registration system in the support process. This data is stored and used for marketing purposes and comes up every time the customer shops in the store, allowing for a more personalized service. The cashier then proceeds by checking that the correct shoe mates are taken. This is done verbally to reassure that the customer is taking what they want and to avoid any returns.Underneath the registers, are shoelaces and shoe care merchandise for the customer to purchase at last minute. In the Check-out stage, these items are offered by the cashier because the company determined that one out of five attempts to sell additional items at the register is successful. The shoe care merchandiser influences the customers experience because they are strategically placed to create additional needs to consumers, making them purchase at the last minute. This helps the company, but it also satisfies the customer because they now have an item that can improve the life of their product.Finally, the customer is thanked and invited back. The last stage of the customer journey is the Walk-Out stage. This is whenever a customer is leaving the store without making a purchase. An associate stops the customer and asks then an open-ended question, such as â€Å"Did you find everything you were looking for. † Many times an associate prevents the customer from leaving and directs them back to the aisles for further help and may actually save a sale. If not, they give the customer a reason to come back by informing them of an upcoming promotion or the day new shipment arrives.Of course, even the best process has potential fail points where problems may occur and/or bottlenecks where backups or slow delivery may occur. There are three different types we can identify. The first bottleneck is the handling of uncooperative customers. All the critical actions that the service employees need to deliver during the customer journey require cooperation from both ends; the customer and the firm’s employees. Customer participation is crucial in effectively delivering all aspects of the service delivery the company wishes to give all of its customers.However, sometimes the company comes across â€Å"difficult† customers, or often called â€Å"get out of my face† customers that can slow the delivery process or even cause a fail point. There are times that customers do not want to be offered assistance and they will either keep walking, ignoring the salesperson, or they will respond with a quick phrase like, â€Å"I am just looking. † For instance, during the Browse stage, the employee is required to interact with the customer.If they are explaining the current promotion to the customer, but a customer refuses to respond to the employees help by not listening to them, then this part of the service del iver creates a fail point if the associate gives up or it makes the process slow down is the associate later attempts to explain the same information once again during a different stage, to avoid the customer arriving at the register not understanding the promotion. Another instance would be at the Enter stage, where the associate offers to measure children’s feet.It is the salesperson’s job to deliver this critical action, however how successful this is also depends on the customer’s participation. If a customer does not allow the associate to measure their child’s feet, then the whole purpose of this part of the service delivery fails because the associate will not be able to give the customer this service. The purpose of doing this is to allow the associates to interact with the children as well as the parents in order to create a pleasurable experience for the whole family.This is a service that many competitors don’t offer, so it is a competit ive advantage. The only solution to this bottleneck is for the front line managers to exercise continuous training with their employees. This will help them gain ease in talking to customer in general. It will provide the associates with practice that will help them learn to enhance customer participation and to effectively deliver good service. That way if a customer shuts down an associate, the associate will be trained to not give up and instead exercise the learned ways to gain a customer’s trust.Unenthusiastic employees are another fail point we identified. Employee’s unwillingness to participate in delivering the customer service can be a potential fail point in the service delivery process. Uncooperative employees can be the result of a variety of things. The first is that the company was involved in an ineffective hiring process. Another is that the company failed to exercise proper training. The employee must be trained to switch from tasks to customer service whenever a customer walks in.Fortunately, this fail point is somewhat controllable by the company. To avoid this, the company should hire the right people from the start. A solution is for the company to develop strategies to determine who is right for this position. Another alternative is to treat their employee’s right. The company must know when to reward their employees and must provide motivation that will drive them to try their best. A third fail point identified is out of stock merchandise. Not meeting the demands of the ustomers can be a big problem that can lead to many lost sales. The solution to this is to exercise more effective communication during the support process where the manufacturer sends the merchandise to the pool point and from there it is sent to the store, and it is received and input into the inventory system. Every time an associate uses the inventory to search for a shoe and prints out a receipt for the customer to go to another location is valu able information that should be used in benefit of the company.This is additional information that should be considered when making the inventory and should be effectively and accurately communicated within the support process to successfully meet the specific demands of customers. A service blueprint not only allows for a quantitative description of critical service elements, such as time, logical sequences of actions and processes, but also specifies both actions/events that happen in the time and place of the interaction and actions/events that are out of the â€Å"line of visibility† for the users, but are fundamental for the service.With the realization of the importance and the domination of services in the world’s economies, there is a growing emphasis in business practice on creating meaningful, memorable customer experiences. Payless Shoe Source has reinvented itself and repositioned its brand as a business that is as passionate about helping customers as they are about the products they sell. By using a detailed service blueprint, Payless can strengthen its Marketing, HR Management, and Operations areas and achieve a stronger bond with its customers.The company’s blueprint showcases key points where customers are more attracted to, spend more time at, and are more likely to focus on promotions, ads, and its products. This will especially be helpful to the stores’ â€Å"extensive media plan. † Measuring the stores traffic in customers, sales, and productivity, the company develops the plan which determines what amount of advertising impressions would be the most effective in T. V, radio, magazine, and newspapers. It was this plan that led them to be awarded the â€Å"2006 Marketer of the Year† by Footwear News among other recognitions. Another important aspect of the organization is its’ employees.Payless is proud of its associates and has a culture that encourages personal, informal feedback between al l employees and includes programs in its stores and corporate offices to recognize excellence by individuals and teams. Through the blueprint Payless can evaluate associates, their relationships with customers, and manage their Development, Recognition, and Compensation Programs. For example the quarterly and annual Pinnacle Awards program recognizes top store and district performers in their three regions. Payless is also an organization looking to innovate their service to customers.Its store operations are a critical, important area in its service process. A blueprint will be helpful to create performance standards for workload scenarios, improve alignment among key business functions, and implement new technologies where needed the most. An example of how payless optimized it’s workforce was the creation of KRONOS. Kronos is a an integrated, analytical workforce management system which pulls data from various sources such as the POS, traffic counters, supply chain systems , and associate preferences to create automated, optimized work schedules.Through this assignment we learned how significant a service blueprint can be to an organization for it to be successful among its customers. The blueprint allows firms to visualize the service process, points of customer contact, and the physical evidence associated with their services from their customers’ perspective. The uniqueness of this technique is its continuous focus on the customer as the center and foundation for innovation, service improvement, and experience design. That doesn’t mean that customers are the source of innovation, but rather that value to the customer is the central purpose of innovation.The service blueprint helps firms improve and innovate their service and create a â€Å"customer-focused† design for the firm, which in turn increases customer retention, creates a competitive advantage and mainly increases brand equity. Payless Shoesource is a perfect example o f how a blueprint can be successfully used to innovate, improve, and communicate the firms’ philosophy of great service to its customers.Works Cited Bharat Book Bureau. February 2009. 5 July 2010 http://g51studio. com/parsons/ServiceBlueprinting

George Orwell s Plea For Understanding - 2384 Words

Kervick 10 Orwell?s Plea for Understanding George Orwell has gone done in history as one of the greatest novelists of the Twentieth Century. His works Animal Farm and 1984 have been acclaimed masterpieces of social commentary. While his less known work ?Shooting an Elephant? is perceived as imperial criticism, it is actually much more. It constitutes his public declaration of why he chose to leave his job, live for years with the poorest of the poor and flip his political views upside down. Born Eric Arthur Blair in Motihari Bengal1, Orwell was always acutely aware of his social position. His father, Richard Walmesly Blair, worked as an administrator in the Opium Department of the Indian Government. Richards marriage to Ida Mabel Limouzin Blair2, the daughter of an unsuccessful teak merchant, firmly established his family as members of the landless gentry which constituted a large part of the Sahib class. This being the case, Orwell was born into an ?atmosphere of impoverished snobbery.?3 he would later try to pinpoint his family?s social standing by calling it the ?lower-upper-middle class.?4 This position divided him from his peers when he finally started school. Returning to England in 1905 at age two with his mother and brother, it wasn?t until his father retired and joined them in 19115 that Orwell started his education.6 Despite the scarcity of money, Orwell was sent to St. Cyprian?s, a prestigious boarding school in Eastbourne7, along the southern coast of England.Show MoreRelatedDifferent Forms Of Government Treat Their Citizens2121 Words   |  9 Pagesdifferent ways. George Orwell illuminates a society in which the government has complete control and people are forced to follow any and all demands from their leaders. This dystopic society shows how a completely totalitarian government connects with the people. Oceania, the country in which the main character Winston lives, is ruled by â€Å"The Party†. In order to stop a revolution there is surveillance at all times and citizens are â€Å"vaporized† if they are believed to be nonconformists (Orwell). In the novelRead More Terrorism Essay2696 Words   |  11 PagesGeorg e Orwell once said, â€Å"Political language— with variations this is true of all political parties, from Conservatives to Anarchists—is designed to make lies sound truthful and murder respectable, and to give an appearance of solidity to pure wind.† In today’s modern society, the world is continuing to become smaller and more interconnected than ever before due to media networks such as Cable News Network (CNN) providing round-the-clock news coverage and the Internet. In the last few decades, bothRead MoreHistory of Social Work18530 Words   |  75 Pages....................4 Understanding History through Historical Phases .......................................................................................................5 Photos of Walter Friedlander Simon Patten 9who used the term social work first time) ....................................9 The Settlement House ..................................................................................... .......................................................10 Understanding the History of Social Welfare

Role of Project Management Information Systems in Project...

ROLE OF PROJECT MANAGEMENT INFORMATION SYSTEMS IN PROJECT MANAGEMENT. INTRODUCTION 1. Background of Management Information Systems The concept of Management information system (MIS) has been in existence as early as the 19th Century. Works of majorly were in the form of tabulated cards which could be counted and sorted commonly referred to us punch – cards. The punch-cards still remembered by many, could capture elements of information keyed in on punch-card machines; the cards were then processed by other machines some of which could print out results of tallies. Each card was the equivalent of what today would be called a database record, with different areas on the card treated as fields. The initial idea of MIS was to†¦show more content†¦It’s used to support all aspects of project management cycle, from initiating to closing and can include both manual and automated systems. ii. Project management software which involves wide alterations, configurations’, or customization before it’s applied. ROLE OF PROJECT MANAGEMENT INFORMATION SYSTEMS IN PROJECT MANAGEMENT. Collaboration software: centralized stores of intergraded information with rules for access that serve the project team. Or a tool used in project management to deliver information. ROLE OF PMIS a) Guiding collaboration with policies and work flow diagrams. PMIS is a control tool and therefore owners can prime it with policy or regulatory requirement that govern workflow and institutionalize best practices specifically designed for their organization. Policies: If team members were to collaborate they need to know the rules of engagement i.e. how to work together. They must understand policies that govern interaction workflow and decision making. Passing of information from one person to another, organization to organization properly honed, clearly documented but flexible procedures improve efficient and effectiveness of a team. Individuals are more productive when they have a clear idea of what to do. Therefore, when these policy and procedure manuals are electronic. They can use allShow MoreRelatedImplementing A New ERP System Into The Enterprise: Best Practices In Project And Change Management1396 Words   |  6 PagesImplementing A New ERP System Into The Enterprise: Best Practices in Project and Change Management Introduction The role of Enterprise Resource Planning (ERP) systems in companies today is rapidly changing from just providing after-the-fact reporting of results to delivering analytics and intelligence on how to succeed with new products and services. 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The E Commerce Companys Strategy - 1724 Words

The e-commerce company’s strategy focus allowed it to differentiate itself by providing better services to its customers. The company put an innovative business model in which customers would try out the company’s services without any cost. As time progressed, the company was able to generate revenue from alternative means. In addition, the company began to generate revenue from an increase in the willingness of its users to pay for additional services. First mover advantage is referred to as a competitive advantage because it allows the first company to acquire superior brand recognition and customer loyalty, while allowing the company to perfect its product or service. Alibaba’s operations stated when e-commerce was at infancy stage in†¦show more content†¦Credit cards may have been used in China, but they had yet to be trusted by the community, the Chinese were not comfortable with them and preferred different mediums of transaction. Thus, Alibaba est ablished the payment system to provide the Chinese with a sense of safety, contributing to the Chinese willingness to participate in online transactions. Regulations can pose a challenge for businesses operating in emerging markets like China. For example, the internet was highly regulated and was a reason why some foreign companies struggled to succeed in China. Alibaba navigate the posed challenges well and took advantage of the opportunities while at the same time mitigating the risks of operating. The popularity of Alibaba and the growth of e-commerce in China attracted foreign e-commerce companies. In 2002, eBay entered the Chinese e-commerce market through an acquisition of 33% of EachNet, creating eBay EachNet. That same year eBay EachNet merged as the leader in online auctions, leading to the capture of 79% of the online auction market by 2003. In consideration of the growth in the online auction market, Alibaba launched Taobao.com as a rival to eBay EachNet. Taobao.com was launched to capture the opportunities in C2C e-commerce market in China. Having already established a dominance in B2B e-commerce, Alibaba was hoping its local knowledge would help it dominate the C2C e-commerce market, toppling the newcomer eBay

Law of Business Organization Productivity Commission

Question: Discuss about the Law of Business Organization for Productivity Commission. Answer: When a company has to get registered, the person planned for the registration must primarily apply with the ASIC. The ASIC is one of the most important key and rather aspect when a new business is going to take its form. The ASIC is the unique number provided to the applicant so that they can protect their business from violation of privacy and it also helps to protect some important business news (Rahman 2013). The explanation of the ASIC is mentioned under the section of 117 of the corporation act. After the registration under Sec 117 of the Act, the question comes in about the formation and type of business set up as mentioned under Sec 112. So, in this matter, the type of company: Proprietary Limited Company. The next factor explained here is the limited form of company mainly limited by the shares explained under 601CW of the corporation act which can be summed up as: The mentioned section applies to the registered body subjecting to the Subclause(2). When the registrable body is same as the Australian registrable body, then the application of the section will have no validity concerning to the place of origin. Clause 9- all the other body except the Australian ADI, there must be an affix of the name in front of the corporating outlet whether in the painted form or in any other form which is legible to all. The name of the company is compulsory to have the display in front of all other corporating offices including the registered office. Along with the other mentioned criteria, the company must also put the suffix sign of Limited or Ltd. And proprietary or pty. The actual liability of the entity must be well understood to the newly registered organizations (australia.gov.au 2016). The next step that follows after the determination of the type of company is done concerning the sec 117(2) in this Act. In this step, the following things must cover up to complete the registration: The new business entity must indicate the liability of all the person within the corporation: The set up of the company to mentioned in suffix form, Suggestive names of the company (not registered under the name of business), Names must be in such form to get the sanction from ASIC since it will not approve the name of any corporation existing in the era of business, The consent of the members involved with such entity since it is mandatory to keep a record of all the valid consents. The consent must be made from the following persons: The director of the registered company expected to be over the age of 18 years. All the members of the company acting with the present set up. The necessity of the consent from the from the secretary is not neede for the proprietary form of the business. Once the step gets over with undertaking of the valid consents from the part of the company, the fulfillment of the registration comes in after the following details provided: The registration of the application must contain the following: details of the applicant: Name: Company name: Position: Address (residential and proposed registered office): Contact details ( residential and official): Details of the company: Company name (proposed in preference): Suffixed name: State of incorporation: Registered address of office: Business address: Superannuation acting trustee: Seal: Company presentation: Seal: Bank kit: Verification made prior that the same name is not registered elsewhere: Actual role of the applicant whether he will act as an agent or with the compliance of the ASIC: Shareholder: Type: Name: A.C.N or A.B.N.: Address: Personal details: Position in the company: number of shares: Whether beneficially owned or trustee: The pattern to be followed for all the other shareholders and must have a record of such submission. Apart from that any additional notes: Next step is to deal with the payment: General fees are $738 GST: Pattern of payment: After the completion of the registration, some internal procedures governing constitution constructed which includes the procedure for governing the same. The clause of the internal management is mentioned under section 134 of the corporation act (legislation.gov.au 2016). There are replaceable rules as mentioned under the sec of 135 of the act which is essential for the include in the making of the constitution and the members are expected to work with the concern to the mentioned regulations. Although it is not mandatory for the proprietary company to form a constitution, yet it is advisable for the same so that the effective regulation of the members can get maintained and the directors can work with good faith. Constitutions are mainly based on the redeemable with the option of the shareholders (Anderson et al. 2015). The legal authority of the members ensures that the company was acting in the good faith with all the important necessity. Sec 124 defines about the legal capacity that the members or the directors acting get the control to carry on with some activities for which may not need any forum and the act based on the situation. This section has a critical role in the formation of the business (Bakan 2012). It is paramount for the members acting members since such legal authority given the concern of the situation as well as for the purpose of the security policy (abr.gov.au 2016). Sec 129(1): the essential of the company constitution with the replaceable rules compiled together is mandatory since there must be scope for the amendment made as there are some of the situation which may not comply with the situation that takes place in the business. The combining of the replaceable rules with the actual constitutions helps the company to make the essential changes during the time of the situation when such changes become an absolute necessity (austlii.edu.au 2016). Section 588(M) (3): the clause arises some necessity to the act after the introduction of this section. Here there is an explanation of the creditor who is not liable to get the damage in means of compensation from the directors of the company. The creditors are also known as the investors of the company. Hence, they are liable to get the compensation to the loss occurred to them due to the insolvency of the company as mentioned under the subdivision B. Concerning the section of the act, and the amount is equal to the amount of loss occurred (Dobson 2014). Also, the liquidator of the company is also liable for the compensation provided that the director has been proved for his insolvency (Wright 2014). So, all the three sections mentioned here hold a major role in the carrying out of the business. References: Abr.gov.au. 2016. For Business, Super funds Charities | Australian Business Register. [online] Available at: https://abr.gov.au/For-Business,-Super-funds---Charities/ [Accessed 23 May 2016]. Anderson, C., Howell, N. and Mason, R.F., 2015. Submission to the Productivity Commission issues paper business set-Up, transfer and closure. Asic.gov.au. 2016. Lodging paper forms | ASIC - Australian Securities and Investments Commission. [online] Available at: https://asic.gov.au/online-services/lodging-paper-forms/ [Accessed 23 May 2016]. Austlii.edu.au. 2016. CORPORATIONS ACT 2001 - SECT 129Assumptions that can be made under section 128. [online] Available at: https://www.austlii.edu.au/au/legis/cth/consol_act/ca2001172/s129.html [Accessed 23 May 2016]. Australia.gov.au. 2016. ABN, ACN, business management | australia.gov.au. [online] Available at: https://www.australia.gov.au/information-and-services/business-and-industry/abn-acn-business-management [Accessed 23 May 2016]. Bakan, J., 2012.The corporation: The pathological pursuit of profit and power. Hachette UK. Dobson, R., 2014. Liquidation Winding up a company.Busidate,22(4), p.5. Human, S.E., Clark, T., Baucus, M.S. and Eustis, A.C.S., 2015. Idea or Prime Opportunity? A Framework for Evaluating Business Ideas for New and Small Ventures.Journal of Small Business Strategy,15(1), pp.59-80. Legislation.gov.au. 2016. Corporations Act 2001. [online] Available at: https://www.legislation.gov.au/Details/C2014C00519 [Accessed 23 May 2016]. Rahman, A.R., 2013.The Australian Accounting Standards Review Board (RLE Accounting): The Establishment of Its Participative Review Process. Routledge. Wright, C.J., 2014.A critical enquiry into the need for avoidance provisions in business rescue proceedings.