A convenience pennant streamer is created in a way to provide you with tax benefits regardless of your location. Many ships that appear as if these come from Panama, a convenience nation, are actually coming from a different area as indicated by their flags.
Before electronic communication devices became rampant, small pennants were the norm when ships send messages between them. Every position assumed by a seafarer will require him to send the message to other vessels. It is important that the message is sent clearly to avoid accidents and to let others know about the particular location of the ship.
Currently, several groups with a pennant will like to let others know what their company is all about. The flag or pennant may feature the logo of the group or also indicate the special features of the company or business. The pennants are generally created larger than usual and will be displayed from the peak of a structure or from a huge parking lot to grab the attention of different individuals. You might notice how shopping malls, sports stadiums and car dealerships always have these flags and pennants around.
Families usually have a family crest made to represent the clan. Many European nations have families that have their own crest to symbolize the traits and history of the clan. The family crest flag is expected to be displayed with honor and pride. Those who disrespect the emblem can be severely punished. These are also used when different clans are fighting for their property or honor.