Wednesday, May 6, 2020
Hamlet s Attitude And Treatment Of His Mother - 1522 Words
Modern folklore suggests women look at a man s relationship with his mother to predict how they will treat other women in their life. Hamlet is a good example of a son s treatment of his mother reflecting how he will treat the woman he loves because when considering Hamlet s attitude and treatment of the Ophelia in William Shakespeare s play, Hamlet, one must first consider how Hamlet treated his mother. A characteristic of Hamlet s personality is to make broad, sweeping generalizations and nowhere is this more evident than in his treatment toward women. Very early in the play, while discussing his mother s transgressions, he comments, ââ¬Å"Frailty, thy name is woman. (Hoy, 11).â⬠Hamlet appears to believe all women act in the same manner as his mother. The first time the audience meets Hamlet, he is angry and upset at Queen Gertrude, his mother, for remarrying his uncle so soon after the death of his father. In his first soliloquy he comments on the speed of her remarri age ââ¬Å"Within a month, Ere yet the salt of most unrighteous tears Had left the flushing in her galled eyes, She married. O, most wicked speed, to post With such dexterity to incestuous sheets! It is not, nor it cannot come to good. (Hoy, 11)â⬠It is understandable Hamlet is upset with his mother for forgetting about his father and marrying his uncle, Claudius. In Hamlet s eyes, his father deserves more than one month of mourning and by remarrying so quickly, the queen has sullied King Hamlet sShow MoreRelated The Love Of Hamlet For Ophelia in Shakespeares Hamlet Essay1537 Words à |à 7 PagesThe Love Of Hamlet For Ophelia in Shakespeares Hamlet Hamlet is without any reservations, one of Shakespeares most mystifying plays. Although the play has a concise story, it is filled with many uncertainties relating to different issues behind the plot. The reader is left with many uncertainties about the true feelings of prince Hamlet. One question in particular is, did Hamlet really love Ophelia? This dispute can be reinforced either way, however I believe Hamlet was truly in love withRead MoreHamlet, By William Shakespeare Essay1580 Words à |à 7 PagesIn the play Hamlet by William Shakespeare, it is clear that Hamletââ¬â¢s character is truly a puzzled one. It is no secret that Hamlet is displeased with his life and the relationships around him. William Shakespeare in evaluating Hamletââ¬â¢s relationship with his mother Gertrude and lover Ophelia creates an interesting love-hate relationship. Gertrude and Ophelia both deeply care for Hamlet but he does not seem to recognize that love and is instead blinded by his fatherâ⬠â¢s revenge. Throughout the play,Read MoreHamlet : Once A Man Of Reason1398 Words à |à 6 PagesHamlet: Once a Man of Reason In todayââ¬â¢s world, the word hero has been portrayed in many different ways. With each member of our society having their own creative imagination on what qualifies as a hero, the definition has changed immensely. Unfortunately, no matter how impeccable a hero may present himself, every fictional hero is indeed human. With that being said, the two share the same deficiencies as every human such as physical disabilities, internal ailments, and mental impairments. SocietyRead MoreVillage Is With No Reservations, One Of ShakespeareS Most1636 Words à |à 7 Pageswith no reservations, one of Shakespeare s most perplexing plays. In spite of the fact that the play has a succinct story, it is loaded with numerous instabilities identifying with various issues behind I think Shakespeare made it an indicate be for conflicting to add to the numerous riddles of Hamlet s character and in addition enable perusers to identify with Hamlet?s complex personality. That is the thing that makes a play so intriguing to a reader?s mind?when one can put themselves in the shoesRead MoreEssay about Hamlet844 Words à |à 4 PagesHamlet Drama Exam 1)Shakespeareââ¬â¢s revenge tragedy, ââ¬Å"Hamlet,â⬠critiques the society of Denmark using powerful mononlogues and dramatic action. On the other hand, Wildeââ¬â¢s comic drama pokes fun at the high morality of Victorian Society. One serious theme that I noticed in ââ¬Å"The Importance of being Ernestâ⬠was the consistent act of deception throughout the entire play. However this lack of honesty was not lonesome for insightful comedy and a visible foreshadowing of upcoming events accompaniedRead MoreWilliam Shakespeare s Hamlet - Hamlet And The Ghost Essay1550 Words à |à 7 Pagesover 400 hundred years ago, Hamlet remains a puzzling and complex play, partially due to the ambiguous Queen Gertrude. The Queen is a puzzling character as her motives are unclear and readers question her intentions throughout the play. Townsend and Pace in The Many Faces Of Gertrude: Opening And Closing Possibilities In Classroom Talk view her ââ¬Å"as a simple-minded, shallow woman... who has no self beyond a sexual oneâ⬠while Harmonie Loberg in Queen Gertrude: Monarch, Mother, Murderer sees GertrudeRead MoreA Psychoanalytic Reading Of Hamlet Essay2158 Words à |à 9 PagesAzam Shakespeare 4 December 2016 A Psychoanalytic Reading of Hamlet William Shakespeare s Hamlet is different from other Elizabethan revenge plays in the sense that the playwright did put much effort in depicting the psychological make-up of his hero Hamlet. The way Shakespeare portrays the psychological complexities of Hamlet, the play has become a lucrative text to the critics to see through the psychoanalytic lens. Analysis of Hamlet using psychoanalytic criticism reveals the inward states ofRead MoreHamlet Attitudes Towards Women : Being Hatred Or Not Essay1901 Words à |à 8 PagesNovember 2016 Hamlet attitudes towards women: being hatred or not. In William Shakespeare play, the chief protagonist hamlet shows a negativity view towards women in his life. Hamlet consider that his mother and Ophelia have deceived him through their action; Gertrude married only a mother after hamlet father died and Ophelia heeds her father right not to see hamlet despite confessing her love to him. In this way hamlet views this two women as a fragile and too dependent on the man in his lives whichRead MorePsychoanalyzing Hamlet: Frued a2673 Words à |à 11 PagesShakespeare#8217;s Hamlet is a phantom of literary debate that has haunted readers throughout the centuries. Hamlet is a complete enigma; a puzzle scholars have tried to piece together since his introduction to the literary world. Throughout the course of Hamlet the reader is constantly striving to rationalize Hamlet#8217;s odd behavior, mostly through the play#8217;s written text. In doing so, many readers mistakenly draw their conclusions based on the surface content of Hamlet#8217;s statements andRead MoreElizabethan England - The Period Of William Shakespeare1801 Words à |à 8 PagesZachary Troast Dr. Falck Shakespeare 1 15 Nov 15 OED Essay In Elizabethan England - the period of William Shakespeare - women were socially degraded and taught they were inferior to men. In his play, Hamlet, Shakespeare s perception is thoroughly displayed as women are victimized and presented as inferiors; objects that assist or hinder the action of men. Specifically, Gertrude and Ophelia are displayed as instruments of deceit, fragile-minded women with a dependence on men, and the cause for
Tuesday, May 5, 2020
Night By Elie Wiesel Essay Example For Students
Night By Elie Wiesel Essay Night is a powerful, brilliantly written autobiography of a concentration camp survivor. Wiesel saw his family, friends, and fellow Jews degraded and murdered. Wiesel also says that his God, to whom he was so devoted, was also ââ¬Å"murderedâ⬠by the Nazis. In the novel, Wiesel changed from a devout Jew to a broken young man who doubted his belief in God. When Wiesel first comes to the concentration camp and sees all the walking skeletons, he can t believe that this is real. He feels that he might be dreaming. However, as Wiesel faces each day and witnesses the starvation, the beatings of innocent people, and the tortures, his faith in God begins to waiver. By the end of the book Wiesel has lost his belief in God. If there is a God, how could he allow this to happen, he wonders. As the days go by, there are frequent selections. A man with a little stick decides who will live and who will die. This man acts like God. To the right you live, to the left, you die. As Wiesel watches the evil that exists, his belief in the existence of God continues to deteriorate. Wiesel asks, ââ¬Å"Where is my God? Where is He? â⬠(61) Wiesel continues to witness hangings, beatings, starvation, and torture. One day when Wiesel comes back from a day s work, he sees three gallows being assembled. The whole camp has to witness the hangings. Among the 3 people who would die that day, was a young child. Wiesel wondered what that poor innocent boy had done to deserve to die in this manner. Wiesel watched the boy struggling between life and death. The death was a slow agony. At this point Wiesel lost all faith in the existence of God. ââ¬Å"Where is God now? Where is He? Here is ââ¬â He is hanging here on this gallowsâ⬠¦Ã¢â¬ (62) After this incident Wiesel could no longer believe in God. He felt that no one could believe in God when one saw innocent children die such terrible deaths. Night tells the story of innocent people who were destroyed because they were Jews, These people had done nothing and yet were tortured, degraded and liquidated for no reason other than they were Jews. Wiesel is a witness to all the horrible things. The death of his family, childhood, and God. Reflection Night is a compelling book that deals with the delicate subject of the Holocaust from a first hand perspective. Christianity does not bear a historical responsibility for the Holocaust, but because of the anti-Semitism it fostered, Christianity bears a moral responsibility for the supporting roles or inaction of the Christian population during the Shoah, and for the general indifference and silence of the Christian Churches. I believe that the Holocaust tragedy indicates a general breakdown of the Western civilization, and all its political and religious institutions and leadership. I believe that Holocaust Prevention is the Central issue of the Post Holocaust era. Without doubt, Anti-Semitism was the major factor that made the Holocaust possible. Without the latent and overt Anti-Semitism Hitler, the lowly corporal, could not rise to power. It was Anti-Semitism that cleared the conscience of the killers and onlookers alike and let them participate in the crimes. The problem is that each generation of Christian children is saturated with images of Christ the Redeemer crucified by the wicked Jews, or Judas the Traitor with his gold. Those are powerful images that are imprinted in the tender mind of a child and they last forever. All the synoptic Bibles of the New Testament are the primary sources of Anti-Semitism. Christianity is a conservative, mystic religion, based on reverence of the past, and cannot and will not revise its basic dogma. .ue26844359491efd18d9d3cdb7fafb6be , .ue26844359491efd18d9d3cdb7fafb6be .postImageUrl , .ue26844359491efd18d9d3cdb7fafb6be .centered-text-area { min-height: 80px; position: relative; } .ue26844359491efd18d9d3cdb7fafb6be , .ue26844359491efd18d9d3cdb7fafb6be:hover , .ue26844359491efd18d9d3cdb7fafb6be:visited , .ue26844359491efd18d9d3cdb7fafb6be:active { border:0!important; } .ue26844359491efd18d9d3cdb7fafb6be .clearfix:after { content: ""; display: table; clear: both; } .ue26844359491efd18d9d3cdb7fafb6be { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .ue26844359491efd18d9d3cdb7fafb6be:active , .ue26844359491efd18d9d3cdb7fafb6be:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .ue26844359491efd18d9d3cdb7fafb6be .centered-text-area { width: 100%; position: relative ; } .ue26844359491efd18d9d3cdb7fafb6be .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .ue26844359491efd18d9d3cdb7fafb6be .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .ue26844359491efd18d9d3cdb7fafb6be .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .ue26844359491efd18d9d3cdb7fafb6be:hover .ctaButton { background-color: #34495E!important; } .ue26844359491efd18d9d3cdb7fafb6be .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .ue26844359491efd18d9d3cdb7fafb6be .ue26844359491efd18d9d3cdb7fafb6be-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .ue26844359491efd18d9d3cdb7fafb6be:after { content: ""; display: block; clear: both; } READ: As I Lay Dying EssayThe Church can provide a more logical explanation: The Crucifixion was the will of God, and without the Crucifixion there would be no salvation. So how can the Jews be blamed for an event ordained by God? We can try to stop the flow of Anti-Semitism by developing closer cultural ties. In the Middle Ages, monks believed that Jesus preached in Latin. Today, many Christians are not aware that Jesus was Jewish. Acknowledging the Jewish source of Christianity, the contributions of the Jewish carpenter, tentmaker, fishermen, can bring a change in attitudes. I feel that the Holocaust was a terrible event and that however we look at it we will just try to think of ways on how we could have prevented it. I think that because of Hitler it was inevitable, not because of Anti-Semitism by the Christians. Although many Christians did not try to intervene, mainly the Pope, Pius XII, we must remember that 5 million Christians were killed during the Holocaust too. We can only hope that Jews and Christians fully understand that both groups suffered a tragic blow and that we can only continue to live in peace in the future.
Sunday, April 19, 2020
The Naked Ape Essay Example For Students
The Naked Ape Essay In The Naked Ape, Desmond Morris provides an alternative explanation of the causative factors underlying various human behavior patterns and societal and cultural activities. He develops his theme around such human activities as feeding, grooming, sleeping, fighting, mating and care of the young. He compares human traits and behaviors with those exhibited by animals, mainly the primates, in like activities. His point is that understanding the evolutionary source of many behaviors can throw new light on understanding the complex nature of the human species. Morris begins by examining the evolution of the mammals, from the earliest insectivores to the latest carnivores, detailing the survival characteristics which led to the success of some species over others. He provides great detail on the development of the nearly naked carnivorous hunting ape from the fruit eating primate group. He presents a thorough discussion of sexual behavior, stressing the similarities between human rituals and primate behaviors. Tracing the three characteristic sexual phases of pair formation, pre-copulatory activity, and copulation, the evolutionary process which lies at the root of modern human sexual behavior is clearly laid out. We will write a custom essay on The Naked Ape specifically for you for only $16.38 $13.9/page Order now Similarly, he examines human child-rearing, and provides interesting insights into non-verbal communication and body language between mother and child. The role of exploratory behavior in the basic survival patterns of feeding, fighting, and mating, as well as its importance to an individuals social adjustment, is detailed. Morris analyzes thoroughly our human aggressive urges, as always providing examples of animal behaviors which serve as an objective base upon which to understand why we act as we do. In addition to territorial and social dominance aggressive behaviors, he describes the actual mechanics of aggression, both physiologically and behaviorally. Both displacement activity and appeasement activity are explored in detail. He concludes by examining human feeding and comfort behaviors and mankinds relationships with animals. Throughout the book he stresses that as a species, man is a simple biological phenomenon subject to all the basic laws of animal behavior. He feels that it is important to the survival of the human species to understand itself and the limitations implicit in being a naked ape. Morris admits that he perhaps over-stresses the biological/zoological slant of his thesis, but even so his concepts are capably and logically developed. I found it easy and fascinating to recognize myself (and others) in almost every behavioral situation he describes. One very important point to keep in mind about Morris book is that he is exploring normal social behavior, not abnormal behavior. He has taken almost every aspect of mans everyday life and shown, acceptably and believably in my opinion, that in many cases human behavior can be understood in terms of our evolutionary roots.
Saturday, March 14, 2020
Free Essays on Role Of Blacks In The Civil War
Black Involvement in the Civil War ââ¬Å"We must fight now, not because we want to subjugate the South but because we must,â⬠(McPherson 486) was the cry of the Northerners during slavery. Like Galations 5:1 states, â⬠It is for freedom that Christ has set us free. Stand firm then, and do not let yourselves be burned again by the yoke of slavery.â⬠This means that we should stand firm against everything that is wrong, because Jesus has set everyone free from sin just like the Civil War set slaves free from slavery. The Civil War, also known as the war Between the States, was fought on American soil and was the result of the disagreement between the South and the North on slave issues. After the signing of the Emancipation Proclamation it become a fight of freedom for blacks (Sawyer 15-18, Meltzer 73-82). During the slave trade, African American were transported by Europeans who planned to sell them as slaves. If the slaves were weak or unhealthy they were often abandoned. Nearly 50,000 blacks chained side-by side were brought to America. They were placed in the slave market when they arrived in America, and at auction white property was often sold along with the slaves (Hughes 14-16). Opponents of slavery, called Abolitionists, believed slavery was immoral and the Declaration of Independence should be applied to everyone, slaves as well as whites, that they might enjoy the rights of ââ¬Å"life, liberty, and the pursuit of happinessâ⬠(Hughes 40-42, Meltzer 79-84). The Civil War occurred for many reasons. One was the election of Abraham Lincoln as President of the United States in 1860. The Southern Democrats did not accept Lincoln as president, because they believed that his stand against the expansion of slavery would ruin the South (Encarta). Another reason was the Kansas-Nebraska Act, which allowed each new territory to decide whether the new state would be a free state or a slave state. This lau... Free Essays on Role Of Blacks In The Civil War Free Essays on Role Of Blacks In The Civil War Black Involvement in the Civil War ââ¬Å"We must fight now, not because we want to subjugate the South but because we must,â⬠(McPherson 486) was the cry of the Northerners during slavery. Like Galations 5:1 states, â⬠It is for freedom that Christ has set us free. Stand firm then, and do not let yourselves be burned again by the yoke of slavery.â⬠This means that we should stand firm against everything that is wrong, because Jesus has set everyone free from sin just like the Civil War set slaves free from slavery. The Civil War, also known as the war Between the States, was fought on American soil and was the result of the disagreement between the South and the North on slave issues. After the signing of the Emancipation Proclamation it become a fight of freedom for blacks (Sawyer 15-18, Meltzer 73-82). During the slave trade, African American were transported by Europeans who planned to sell them as slaves. If the slaves were weak or unhealthy they were often abandoned. Nearly 50,000 blacks chained side-by side were brought to America. They were placed in the slave market when they arrived in America, and at auction white property was often sold along with the slaves (Hughes 14-16). Opponents of slavery, called Abolitionists, believed slavery was immoral and the Declaration of Independence should be applied to everyone, slaves as well as whites, that they might enjoy the rights of ââ¬Å"life, liberty, and the pursuit of happinessâ⬠(Hughes 40-42, Meltzer 79-84). The Civil War occurred for many reasons. One was the election of Abraham Lincoln as President of the United States in 1860. The Southern Democrats did not accept Lincoln as president, because they believed that his stand against the expansion of slavery would ruin the South (Encarta). Another reason was the Kansas-Nebraska Act, which allowed each new territory to decide whether the new state would be a free state or a slave state. This lau...
Thursday, February 27, 2020
Finance C1 Essay Example | Topics and Well Written Essays - 1250 words
Finance C1 - Essay Example ence on the textile import from Asia especially from China, Pakistan , India and Bangladesh coupled with Chinaââ¬â¢s traditional superiority in producing cost effective products gave EU a opportunity to increase its trade volume with the region and with it the currency of the trade also. The recent economic happenings in the world economy are clearly suggesting a weakening American economy which is lingering from its subprime crisis and now seems to be engulfing into the energy crisis as the oil prices have started to raise also. The overall situation suggests a different story, a new feature, and new rules of the economic superiority in the world. Though the US is the largest single economy in the world however, its neighboring countries are not that powerful in terms of their economic standing therefore any kind of regional pacts such as EU may not provide a more and better economic power to US to further influence the world economy. In the spring of 2008, dollar traded nearly at $1.6 per Euro suggesting the slide of Dollar against the Euro in the recent past. The rising dollar against the Euro as well as a mild to medium recession into the US economy is suggesting a hint of decrease in the overall competitiveness of the US economy. The consistent slide of dollar in the international market against another major currency suggest that the future may develop itself into a new face where the currency of competition within the international markets may no longer remain as dollar but may very well see Euro as the major currency for trade in international market. The British Prime Minister has recently said that all the Europe will combine together to bail out the current crisis into the international markets and many observers view this statement within the context of the dominance of the EU over the world markets if it succeed in bringing the required stability into the world economic markets. (Rhodes, 2008). The qu estion whether the Euro will lead the future
Tuesday, February 11, 2020
R Software to complete this task Coursework Example | Topics and Well Written Essays - 500 words
R Software to complete this task - Coursework Example The negative skewness implies that there are more data points on the left side of the histogram (negative side of a skew plot). One can conclude that the life expectancy across the 182 countries is well below 70 years. The scatter plot above barely indicate any form of correlation between internet usage and life expectancy. However, it is clearly indicative that as internet usage increase from 20 to 80, the life expectancy tends to stay above 70 years and steadily moves towards 80 years. This can be simply explained by the fact that increased internet usage leads to better health care awareness. Being exposed to better and healthy living habits and information through the internet may be the cause for increased longevity. The histogram for life expectancy in Europe also shows that the distribution is negatively skewed, but much lesser compared to the entire world life expectancy. The skewness coefficient stands at (-0.52496). However, looking at the bar plots above, there seems to be a reduced number of age data points on the left side. This means that Europe experience increased longevity compared to the world (Reimann et al.). A careful look at the histogram shows that between ages 60 to age 78, the distribution is symmetrical. However, when the age limit is extended above 80, the distribution becomes negatively skewed. The life expectancy in Europe is much higher compared to the 182 countries. The first histogram plot clearly shows that the life expectancy across the 182 countries is 70 years, while the second histogram plot shows that the life expectancy in Europe is at 78 years. Both histograms distribution are negatively skewed, however, Europe seems to have more access to information technology (internet access) which obviously has improved the living standard and heath care for the aging population. In addition, one can also conclude that since Europe has many developed markets, a huge proportion of the population is able to
Friday, January 31, 2020
Strategic Plan Initiative Essay Example for Free
Strategic Plan Initiative Essay Starbucks is a fast growing coffee distributor around the globe. Starbucks is challenged to manage its business with strategic initiatives. This paper will discuss the relationship between strategic and financial planning efforts of the Seattle-based barista and initiatives outlined in the latest annual report. Also, how these initiatives affect the organizationââ¬â¢s financial planning and what risks are associated with the initiatives will be reviewed. Understandably, in the highly competitive market of supplying customers with the best coffee products calls for calculated strategic and financial planning. Strategic Vs. Financial Planning Starbucks began as a lone coffee shop in Seattle, Washington; just 40 years later, Starbucks is now a leading competitor of coffee confections around the world (Starbucks, 2012). Because the ultimate goal is to be the best supplier of good coffee to coffee enthusiasts, having strategic and financial plans in place is crucial, since one is the basis for the other. Strategic planning is the guide for which all financial planning will follow suit. A ââ¬Å"strategic plan defines, in very general terms, how the firm plans to make money in the futureâ⬠(Titman, Keown, Marin, 2011, p. 564). The strategic plan is the backdrop that drives and guides financial planning. ââ¬Å"Financial planning is all about allocating finite resources such as money, employees and equipment over time, to reach the broad goals set out in strategic planning. To do so involves measuring current performance against past data and trends for the futureâ⬠(Boone, 2013, para. 3). There are four key compo nents to developing a financial plan which engages many different players. The four steps are: collect historical financial data, identify trends, adjust projections, and revise estimates (Titman, Keown, Marin, p. 564, 2011). But strategists cannot forget that financial planning can be divided into two components, short and long term planning. Long term planning is typically three to five years, whereas short term looks only one year ahead. Starbucks outlines both short and long strategic planning initiatives each year in annual reports and in turn gives the public and stakeholders the short and long term company initiatives. Starbucks Strategic Planning Initiatives and Financial Effects Starbucks has a number of creditors, investors, shareholders, and all around stakeholders that have a vested interest in viewing the success and vision of the company regularly. The latest annual report, 2011, speaks to these initiatives in great detail, outlining the successes and risks of chosen strategic path. According to the Starbucks Annual Report 2011, (2011), the c ompany ââ¬Å"reported the highest annual revenue ever: $11.7 billionâ⬠(Starbucks Corporation Fiscal Year 2011 Annual Report, 2012, p. 1). Clearly, the Starbucks leaders and family are doing something right, and most assuredly, the strategic initiatives are working. One key initiative was to increase earnings per share and return millions to shareholders; not an easy task given the troubled economy in the United States. Starbucks ââ¬Å"ended fiscal 2011 with record earnings per share of $1.62, up 31 percent from last yearââ¬â¢s $1.24 per share. Through share repurchases and dividends, we returned approximately $945 million to shareholders, more than doubling the amount returned in fiscal 2010â⬠(Starbucks Corporation Fiscal Year 2011 Annual Report, 2012, p. 3). According to Titman, Keown, Marin (2011), one key principal of the valuation of investment opportunities is made available through cash flows (p. 333). Looking at the cash flows data from 2010 to 2011, Starbucks decreased approximately $.1 billion cash flows from operations and increased capital expenditures by approximately $92 million (Starbucks Corporation Fiscal Year 2011 Annual Report, p. 21, 2012). Starbucks actively manages these as short-term investments. Another feather in the Starbucks cap is payment of cash dividends to shareholders. In 2011, $.13 per share totaling $390 million was paid (Starbucks Corporation Fiscal Year 2011 Annual Report, p. 21, 2012). Studies have shown that use of cash in this manner, paying cash dividends and share repurchases, has grown significantly from stating that ââ¬Å"the proportion of firm earnings distributed through both approaches has grown from about 40% in the 1970s to near 80% by 2000â⬠(Titman, Keown, Marin, 2011, p. 537). These Initiatives of this nature can affect the organizationââ¬â¢s financial planning lending better cash revenues and fiscal statistics. More specifically, reducing the number of stocks increases the earnings per share. This was evident with the price per share increase of $.38 per share from 2010 to 2011, as noted above. However, companies cannot operate without caution; risks are associated with every financial planning endeavor and the initiative to pay out millions to shareholders is not without exception. Risks associated with the initiative. When conducting financial risk management, leadership and financial planners cognizant of market risks associated with the financial planning efforts and the long term effects of these short term goals. ââ¬Å"Market risk is defined as the risk of losses due to changes in commodity prices, foreign currency exchange rates, equity security prices, and interest ratesâ⬠(Starbucks Corporation Fiscal Year 2011 Annual Report, 2012, p. 37 ). Companies today must closely monitor market trends and risks alike. Starbucks is no exception, and significantly due to its dealings overseas and across varied currency rates and cultures. Although, market risks are not key player when discussing cash dividends and share repurchases. The main risk here is the long term impact of the payout strategy. It is commonly believed that just increasing earnings per share does not necessarily mean company success. ââ¬Å"Companies shouldnt confuse the value created by returning cash to shareholders with the value created by actual operational improvements; moreover, a companys fixation on buybacks might come at the cost of investments in its long-term healthâ⬠(Dobbs Rehm, 2005, para. 1, 3). Management must understand the pitfalls of creative financing and keep the benefits to shareholders as a key focus and paramount for longevity. Conclusion The Starbucks Corporation is committed to profiteering with short term investments and long term focus to remain competitive. Starbucks understands the relationship between strategic and financial planning and many initiatives are outlined in every annual report. In particular, the financial planning was clearly defined by a number of incentives, and the incentive to utilize cash flows to return a substantial allocation to shareholders and reduce shares through share buybacks created success story for the company. The coffee market is not without major competitors, however, the strategic vision, financial planning, and monitoring of financial risks allows Starbucks to not only stay afloat, but lead the coffee frontier. References Boone, B. (2013). Whatââ¬â¢s the difference between strategic and financial planning? Retrieved from http://money.howstuffworks.com/personal-finance/financial-planning/strategic-and-financial-planning.htm Dobbs, R. Rehm, W. (2005, August). The value of share buybacks. McKinsey Quarterly. Retrieved from http://www.mckinseyquarterly.com/The_value_of_share_buybacks_1630 Starbucks Corporation Fiscal Year 2011 Annual Report. (2012). Retrieved from http://investor.starbucks.com/phoenix.zhtml?c=99518p=irol-irhome Titman, S., Keown, A.J., Marin, J.D. (2011). Financial management: Principles and applications (11th ed.). Retrieved from University of Phoenix eBook Collection database.
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