Themes Of Hamlet Essay - 1782 Words

THEMES Themes are the fundamental and often universal ideas explored in a literary work. Asthe main theme of this play emanates from the appearance of the King Hamlet’s ghost to his son, narrating him the circumstances of his death, and that his anticipation from his son to take revenge from Claudius for his death. KEYWORDS : fundamental , King Hamlet’s ghost , circumstances. THE IMPOSSIBILITY OF CERTAINTY What separates Hamlet from other revenge plays (and may be from every play written before it)is that the action we expect to see, particularly from Hamlet himself, is continually postponed while Hamlet tries to obtain more certain knowledge about what he is doing. This play poses many questions that other plays would simply take†¦show more content†¦Shakespeare first uses the revenge theme to create conflict between Hamlet and Claudius. In Act I, Hamlet is visited by the Ghost of his father, who makes Hamlet aware of his murderous death completed his brother. The ghost says this to Hamlet regarding Claudius, â€Å"Revenge his foul and most unnatural murder†(Shakespeare, Hamlet, I , v, 25).this is where Hamlet is first introduced to the revenge plot between himself and Claudius. Hamlet wants to insure that the ghost really was his dead father before he kills Claudius. Hamlet wants to entrap the king by making him admit his actions. To d o this Hamlet has people act out the death of his father in front of Claudius and declares him Guilty by his reactions to the play, â€Å"o good Horatio, I’ll take the ghosts word for a thousand pound’’ (iii, ii,281-282) . Hamlet affirms that Claudius’ guilt to Horatio and now realizes that he must continue on revenge plot. Hamlet’s desire to get revenge for his father is the driving force to the development of the play. While Hamlet takes the length of the play to take actions, laertes, upon hearing of his father’s murder, reacts swiftly and recklessly. He returns to Elsinore threatening to overthrow Claudius if he does not explain the death of Polonius. When Claudius tells which reinforces the theme of vengeance. While Hamlet and laertes are at opposingShow MoreRelated Themes in Hamlet Essay3035 Words   |  13 PagesThemes in Hamlet      Ã‚  Ã‚   Within the Shakespearean tragic drama Hamlet there are a number of themes. Literary critics find it difficult to agree on the ranking of the themes. This essay will present the themes as they are illustrated in the play – and let the reader prioritize them.    Michael Neill in â€Å"None Can Escape Death, the ‘Undiscovered Country’† interprets the main theme of the play as a â€Å"prolonged meditation on death†:    How we respond to the ending of Hamlet – both asRead MoreThemes within Hamlet Essay1987 Words   |  8 PagesThemes within Hamlet  Ã‚        Ã‚  Ã‚   Regarding the themes in Shakespeare’s tragic drama Hamlet, there is a divergence of opinion among literary critics about which should be called the dominant theme and which should be classed as secondary. This essay will discuss the various themes and their ranking.    Perhaps the most popular theme in the play is that of revenge. R.A. Foakes in â€Å"The Play’s Courtly Setting† explains the burden of revenge which the protagonist must carry for the durationRead MoreHamlet Theme Family Essay886 Words   |  4 PagesGrace 1 Kayla Grace October 29, 2012 Unit 2: Family 797 words Hamlet: Family Relationships The theme, family, in The Tragedy of Hamlet is major theme with lots of major points. This play is notorious for how it dwells on the issue of incest. In Shakespeare’s time, incest was a sin against God and the state. Queen Elizabeth I asked the Church of England to come up with a list of rules about marriage, basically a list of relatives who couldn’t marry, including in-laws. Also another focus isRead MoreThe Theme of Actors and Acting in Hamlet Essay1917 Words   |  8 Pages Custom Written Essays - The Theme of Actors and Acting in Hamlet. nbsp; Many would perceive madness and corruption to play the most influential role in Hamlet. However, it could be argued that the central theme in the tragedy is Shakespeares presentation of actors and acting and the way it acts as a framework on which madness and corruption are built. Shakespeare manifests the theme of actors and acting in the disassembly of his characters, the fa#231;ades that the individuals assumeRead MoreTheme of Revenge in Hamlet Essay880 Words   |  4 Pagesyou seek revenge, dig two graves.† This ancient Chinese proverb explains the mood in Hamlet, a play, written by Shakespeare. The theme of revenge is seen throughout the play as each character extracts one form or another of revenge from a person who has wronged them. In the play the characters Hamlet, Laertes, and Fortinbras all desire revenge for a lost father; however, their motivations for murder differ. Hamlet is unlike the other two characters in the way that he uses reason and logic beforeRead MoreThe Theme of Knowledge in Hamlet Essay1617 Words   |  7 PagesWho Knows?: The Theme of Knowledge in Hamlet What may be true to one person is not always true to another. There are huge factors to take into account like a difference in opinion, secrets, or lies. Another important aspect of information is what is done with it, since knowledge is power. The need to verify information is always as great as the need for it in the first place. These are all central pieces to consider when evaluating a theme of knowledge. This theme is especially noteworthy in WilliamRead MoreHamlet Theme Of Revenge Essay1520 Words   |  7 PagesThe play â€Å"Hamlet† by William Shakespeare follows Hamlet, the prince of Denmark, following the death of his father. Just months after his sudden death, his uncle Claudius has taken the throne that once belonged to his father and has married Hamlet’s mother, Gertrude. It is when Hamlet meets his father’s ghost one night and discovers that his father was murdered by Claudius that he begins to take part in the main theme of the play: revenge. In o rder for there to be revenge, the act of punishing someoneRead MoreEssay on The Theme of Revenge in Hamlet411 Words   |  2 PagesHamlet is a play based on revenge. Gertrude, Hamlet’s mother, marries Claudius, Hamlet’s uncle after killing his brother. Hamlet discovers that his uncle had killed his father when his father visits as a ghost and secretly tells Hamlet what had happened. Hamlet’s pretend craziness and rejection of love towards Ophelia drives her mad and results in the death of the both of them. In the end, the outcome is that everyone but two dies, Horatio and Fortinbras. The statement an eye for an eye is oftenRead MoreTheme of Guilt in Hamlet Fifth Business Essay example938 Words   |  4 Pagesacid drop it corrodes the soul within and in extreme conditions it demolishes one’s life, it is better known as guilt. Guilt is a reoccurring theme in Robertson Davies’ Fifth Business, and William Shakespeare’s Hamlet, that is demonst rated by various characters including, Dunstable Ramsay, Paul Dempster, Hamlet and Claudius and this essay shall compare the theme of guilt between the two literatures. In the novel Fifth Business, guilt is a plague that has spread throughout the lives of Dunstan RamsayRead MoreThe Theme of Revenge in Hamlet Essay example932 Words   |  4 PagesRevenge is a recurring theme in Hamlet. Although Hamlet wants to avenge his father’s death, he is afraid of what would result from this. In the play Hamlet, Hamlet’s unwillingness to revenge appears throughout the text; Shakespeare exhibits this through Hamlet’s realization that revenge is not the right option, Hamlet‘s realization that revenge is the same as the crime which was already committed, and his understanding that to revenge is to become a â€Å"beast† and to not revenge is as well (Kastan

The Reasons Why Colonists Were Colonists From The British...

The Patriots wanted freedom from the British and the loyalists were â€Å"loyal† to the British There were many different reasons why colonists were revolutionaries or loyalists. Sometimes they chose sides according to what was happening in their own communities and what their personal needs were or If people they did not get along with did not want independence, they might take the revolutionary side. If their rivals were the ones who came up with the idea of independence, they are known as loyalists because of their rivalry with the revolutionists. Some people felt it would be better off if the colonies stayed in British power. Some of these people were afraid that if they defied against the British they would be killed or worse. Some had†¦show more content†¦The most famous patriot at the time was probably the first President of the United States George Washington who led the Continental Army. Other famous Patriots included Paul Revere, Samuel Adams, Ethan Allen, P atrick Henry, and Ben Franklin. Or if you support the other side of the argument here are some famous loyalists. Since the loyalists lost the war, there weren t as many famous loyalists as there are Patriots. Benedict Arnold was a general in the Continental Army who fought for the British. Another example of a loyalist was Joseph Galloway who was the Pennsylvania delegate to the Continental Congress but later started to work for the British army. Other famous loyalists could be Thomas Hutchinson (the governor of Massachusetts colony), Andrew Allen, John Butler (the leader of the loyalist s troops Butler s Rangers), and David Mathews (not the famous singer) (the mayor of New York City). He has to support both of the argument so it will not be biased and there have been some instances wherever the United Kingdom protected America, however, he was on the Patriot s side Paine begins the pamphlet sense with comments relating to the govt. He sees that folks confuse government with society . Paine argues that society is typically one issue to try to form, where as a result of the govt. is a necessary evil. Society fosters the fulfillment of our needs, whereas the govt.. is there solely to stay man from gratification his vices. If all folksShow MoreRelatedloyalist or patriot...1528 Words   |  7 PagesArgumentative Essay Loyalist or Patriot Background: Various events of the 1700s led colonists to develop strong beliefs regarding the British government. The Trial of Peter Zenger, The Proclamation of 1763, the Boston Massacre combined with constantly changing taxes and rules that governed them made many think that self-governance was the best path for the colonies. Others felt that the King and his appointed officials had their best interests in mind and preferred to stay loyal to the crown. LaterRead MoreWilliam Smith, Jr. And The British Empire846 Words   |  4 PagesColonists who stayed loyal to the British Empire wished to retain the power and protection of being part of that Empire. They wanted to fix the disagreements between the British government and the colonies before it was too late, even though they knew that the taxes being levied by Parliament against them were excessive.1 Some suggested that the British simply needed to be willing to negotiate a bit with the colonies and give them the greater political an d commercial autonomy they so desired. WilliamRead MoreThe American Grievances Essay1662 Words   |  7 PagesCh. 7-10 Questions 1. Were all the American grievances really justified, or were the British actually being more reasonable than most Americans have traditionally believed? The British were actually more reasonable than most Americans have traditionally believed. For example, the navigation laws, laws that regulated trade to and from the colonies, would be seen as an American grievance but were not really enforced by the British government until 1763, which allowed people to smuggle goods, â€Å"ButRead MoreThomas Paine s Common Sense887 Words   |  4 PagesThomas Paine’s pamphlet Common Sense questions the King’s priorities and why American colonists would stay with him, which gave the American colonists the confidence in themselves to separate from the British. In Thomas Paine’s first page of his pamphlet Common Sense, Paine says â€Å"As a long and violent abuse of power.† Now for years the colonists had believed the King had bad advisers and that basically everyone in Britain but the King was the problem. Paine goes on to state â€Å"The remains of MonarchicalRead MoreAmerican Revolution : The Great British Army Conq uered Parts Of The American Colonies1027 Words   |  5 PagesRevolution Essay After the Great British Army conquered parts of the American colonies, they thought it would be easy to conquer all of the colonies because of their huge advantages against them. However, the British was wrong. Starting from about 1763, the American colonies were taken under control by a new British ruler, King George III. He was such a tyrant because he tried to do everything he could, to defeat and claim the America’s lands. He created new laws that were unjust and unreasonable forRead MoreBenjamin Franklin And The American Revolution1375 Words   |  6 Pagesinfluenced their political and personal actions henceforth. The American colonists and British were a politically divided population during the 1770’s. British subjects were separated by their support of three political principles, supporting independence from Britain, the Patriots, remaining with Britain, the Loyalists and those neutral. These key figures involvement in the events leading up to the Revolution provide an answer for why these figures’ loyalty resided with either Britain or the coloniesRead MoreEssay on British Rule in Florida1740 Words   |  7 PagesThe British were not good rulers because they had only ruled for 20 years, while Spain had dominated Florida for over 288 years. The British were weak, the only reason they got Florida was because they were teamed with the French. This of course was before the Treaty of Paris. In 1672 the British had captured Havana but the use of it was nothing. Many of the British territories had recruiting programs that were not hard to like. Also when the British were working for good times luck was not thereRead MoreThe Loyalists: Their Reasons for Fleeing the United States and their Impact on Canadian2400 Words   |  10 PagesThe Loyalists: Their Reasons for Fleeing the United States and their Impact on Canadian History When discussing the question of who exactly were the first political refugees to arrive in Canada, one of the first groups that comes to mind is the Loyalists, also called the United Empire Loyalists. Loyalists were American colonists that remained loyal to Great Britain and its king George III during the American Revolutionary War which began in 1776 and ended in 1783 with the signing of the Treaty ofRead MoreConventional View of the American Revolution1206 Words   |  5 Pageseconomical and political reasons behind the American Revolution. The tyrannical and foreign British rulers pave the way for the Americans to rise. If we go through history of revolution, we would come to know that there were mainly thirteen colonies, showing resentment. These thirteen colonies were between South Carolina and Maine. These colonies were originally established for trade and prestige. The other colonies in the Caribbean were established for supplying sugar to the British. Historians when sayRead MoreReasons For The United States Independence1831 Words   |  8 Pagesthat the war for independence led to these colonies becoming the United States we know today. There are many arguments as to why these colonies felt independence was necessary and how those who lived within managed to abandon the rapidly growing empire that Britain was creating at the time. The Thirteen Colonies all waged war in the American Revolutionary War that took place from 1775 to 1783 and this political uprising led to independence in 1776. However, some would argue that independence was not

Strategic Brand Management Building Measuring

Question: Discuss about the Strategic Brand Management for Building Measuring. Answer: Introduction: Strategic management can be defined as the process that involves development of the strategy that is required by the organization to function and to achieve success. These strategies have been made by the organization after analyzing the environment of the company internally and externally along with the analysis of the resources available for the organization. Strategic management practices are used by the organization in order to analyze the environment of the company so as to provide a direction for further functioning of the firm (Aaker, 2008). It is not a static process but is the ongoing process as it requires evaluating the strategies implemented in the organization timely so that corrective action can be implemented at right time. There are many theories and model given by some of the theories related to the strategic management of the organization. Some of the theories are resource based theory of strategic management, knowledge based theory of strategic management and netwo rk based theory of strategic management. Resource based theory suggests that any organization have lost of resources and capabilities. These resources involve physical, human, intangible and tangible assets (Ansoff, 2007). According to this theory, the firm should have the potential to convert these resources and capabilities of the organization into strategic advantage for the firm so that it can function accordingly. The firm should use its resources optimally so that the output can be generated at the lowest of input. This is the extension of the resource based view of the strategic management function. This suggests that the firm consists of knowledge that issue to imply the strategy formulated according to the capability and the resources of the firm (Ansoff, 2014). Knowledge is considered as the basic resource for the firm and is also act as the basis for achieving competitive advantage. According to this view, the organization functions with the help of the connection of different elements such as suppliers, customers, other relevant institutions, etc. Connectivity among these elements provides the framework for the organization to perform and function. Diversification in these connections signifies the strength of the firm. Strategic management of Woolworths: The strategic management initiates with the analysis of the environment of the firm that supports the organization to frame its strategies for its functioning (Arli, Dylke, Burgess, Campus Soldo, 2013). The mission of the company suggests that the company wants to provide thee customers with the low price and good quality products. The company wants to give great experience of shopping to its customers. In order to complete this mission, the company needs to analyses its environment, resource, capabilities and then has to make the strategies accordingly. As per the resource based view of strategic management the resources ad capabilities of Woolworths is being analyzed. In terms of resources, the company has very effective supply chain. This can be analyzed by observing the distribution network and the logistics of the company. It has been identified that the produce of the company directly reaches to its distribution center at international or national sites (Armstrong Taylor, 2014). At these distribution sites, the quality of the produce is certified and then the produce is send directly to the stores. This simple process of distribution helps the company to reduce its operating cost by $2.5 million. In addition to it, it has also been observed that all the trucks and the distribution center are owned by the company itself and thus this also helps the company to distribute the produce according to their process. And there is no issues of workers strike frequently as the workers are in control of the company only (Dos Santos, Svens son Padin, 2013). The combination of tangible and intangible assets of the economy such as the supplier relation and the technological capability of the firm supports it to compete with the competitors and it is a cost saving approach by the company. The other competitors cannot even imitate the technological strategies of the company. They also have high brand reputation and the effective top management. Brand reputation of the company has built by many efforts of positioning itself as the brand of fresh products. This is possible only because of the distribution network bad the quality of products that company is catering to the customers. The marketing team of the company work effectively to attract the customers with the slogan such as fresh food people. These strategies support the company to develop the image and positioned itself among the customers as the fresh food brand. The benefits that the company gets from the reputation of the brand cannot be provided by nay of the o ther resources (Eden Ackermann, 2013). This is because brand reputation of the company made the customers base and loyalty of the customers towards the brand. The top management of the company acts as a great support for strategic management. Top management of the company is responsible for making strategies for the company operations. Thus, it is very important for any company to have an intelligent top management team so that they can take wise decisions. Even in the time of high recession and economic downturn, the company like Woolworth is standing in the market with grace because of the companys top managements economic intelligence(FitzRoy, Hulbert, Ghobadian O'Shannassy, 2012). The connection of the company can be analyzed by the help of PORTERs five forces analysis. PORTERs five forces is another approach or concept of strategic management that describes the industrial analysis of the company. It is the model that relates to the strategic management since years. The analysis of the industry by this model helps to determine the market structure and the industry conduct that helps in identifying the companys performance level in the industry. This model explains the companys bargaining power and the relation with the customers, competitors and the suppliers. As per the analysis, it has been analyzed that the bargaining power of the supplier in this case is low because there are considerable number of suppliers available in the market (Freeman, 2010).Another reason for low bargaining power of the suppliers is because Woolworth and Coles have occupied around 80% of the total market share in the industry and thus suppliers do not have many choices of competitiv e players to deal with. On the other hand, the customers of the company have high bargaining power because there are many options available for the customers and the switching cost is very low (Sands Ferraro, 2010). Interference of government by suppressing the increasing market share strategies by the big players and allowing the entry of new players has somehow shifted the bargaining power in the hands of the customers. The threat from the new brands is low because of the high capital investment of the company. Any of the company who wants to enter into the industry of retail supermarket have to invest a large capital initially and this act as the barrier for many new entrants to enter the industry. In terms of substitutes also, the firm is facing high threat because substitutes are also available. The company not only faces the threat from the supermarkets but other convenience stores also act as substitute for Woolworths. Rivalry is at the highest rate in supermarket industry o f Australia the main competitor for the company is Coles. The above discussion summarizes the external environment of the company. The third strategic management concept is the value chain analysis of the company. Value chain analysis of the company helps in determining the activities that add value to the processes of the company. This helps in determining the value of the activities so that the activities that are not adding any value can be eliminated from the process (Hill Jones Schilling, 2014). This analysis supports the company to form its strategies according to the value added activities. The main function that creates value for Woolworths are in bound logistics, operation s and marketing and sales. As discussed that Woolworth is company that is into retail industry and do not product its own products. For having control over the market, the company owns its distribution network so that delivery can be done safely and precisely. In the distribution network of the firm, there are two main functions that are, logistics and procurement (Hitt, Ireland Hoskisson, 2012). The strategy of certification and pr acticing Quality audit at regular interval of time supports the company to have effective procurement process. In terms of logistics, the owning of trucks and the distribution network is the strategy of the company to lower the cost of operations and chances of delivery failure. Another major activity is operations that involve quality assessment and inventory management (Williams, 2009). There is a standard quality assessment process is used by the company. According to this process, from the time the products reach the stores till the time they are being displayed the assessment team regularly keeps a check on the products quality. Forecasting programs is also used by the company to forecast the future changes in the demand of the products; this helps the company to make the changes according to the forecast. In context of marketing and sales, there are two types of activities. The first one is related to the in store promotions and second one is related to the organizational dyna mism. In store promotion is done with several strategies such as selling the products on reduced prices, sales catalogues are used to promote the discounted items (Hubbard, Rice Galvin, 2014). Weekly special discounts are being offered to the customers. All these activities are for short term boosting of the sales. For long term boosting the company has the capability of formulating the strategies according to the change in the environment. The company constant does analysis of its market and the environment along with customers needs that helps the company to come up with the strategies to align the activities of the organization with the charges (Jeyarathmm, 2008). In accordance with the mission statement of the company, it wants to serve the customers with the fresh and quality products along with the great shopping experience. The main of the company now is to increase its sales to AUD$1 million by the end of 2020. The company is following some of the strategies to achieve this objective. The first strategy of the company is related to the extension of the leadership in the areas of food and liquor. For this, the company has made efforts in re-establishing the marketing campaign of fresh food people. This is done in order to boost up the business growth and to acquire more market share in Australia (Hult, Ketchen Arrfelt, 2007). The concentration of the company in order to achieve this objective is on increasing the value of the brand, in store services and providing fresh food products. Another strategy that has been used by the company was integration of the media the voice and the fresh food people marketing campaign. This integration has accelerated the campaign effect on the people. Another major aim of the company that requires strategic approach is to maximize the shareholders value (Wheelen Hunger, 2011). To maximize the same, the company has worker on its portfolio in order to improve it. The company is already having a strong portfolio as it is the impleme nter for many hotels and local pubs of the country. The company has used the strategy to maintain the track records for growth of the company. Except from Australia, the company has made efforts to expand its business in New Zealand. There are some of the values followed by the company that integrates with the strategy of the company. The first value is related to the responsible marketing by the company. The company never uses any unethical practice to market its products. In terms of employee relation also, company has never used ay of the bad and unethical practice towards is employees. It used to take care of the employees rights. The company has made several efforts towards sustainability of the environment by boycotting the se GM crops so that deforestation can be reduced and use the sustainable source for sourcing the sea food products such as fish (Kapferer, 2012). The company has the policy to provide safe working environment to the employees and safe products to its custom ers. These values supports the company to achieve its objective in ethical way, this also helps the company to raise its revenue along with improvement in its brand value. Recently, the company has announces some of the strategies adopted by the company for 3 years. The main aim of formulating such strategies is to gain the trust of the customers and to achieve higher customer base as well as to improve the shopping experience of the people. The company argues that they are keeping the customers at the first place for whatever they do. The company is applying the customer oriented approach. The results of the strategy would be reduction in the prices, more and more fascinating offers and innovation in the activities and the products. The three main principles the company is focusing on are offers, growth and the efficiency (Keller, Parameswaran Jacob, 2011). Offers are such that forces the customers to make their preferred choice as Woolworth. Growth is said in terms of fulfilling most of the needs of the customers. Woolworth has recognized that even if the company is having large customer base but most of their needs are not fulfilled by the company. This forces the company to innovate its products range in such a way that all its customers get their basket full under the one roof only. Efficiency is the principle that allows the company to improve its process so that can attract more of the customers and achieve brand value. According to strategic analysis of the company, several recommendations can be made for the company in order to make some of the changes that can help the company to improve its position in the market (Nag, Hambrick Chen, 2007). Woolworth has the capability to opt for other cost leadership strategies to reduce its operation cost. Cost leadership strategy can be defined as the strategy that helps the company to produce the good at low prices by low input and high output. The strategy can be used in terms of reduction of stock (Thompson Martin, 2010). The company should deliver the stock or the products to the retailer only when they are required by the retailer so that it can save the cost of stocking and no products can be kept in the retail stores as waste. To implement this strategy, the company needs to develop a forecasting demand programs so that the demand can be forecasted and the products can be delivered accordingly. Strategic alliances are another strategy that can be use d by the company. The company is already into strategy alliances collaboration with some of the companies but more efforts to make strategic relations with other companies that can benefit the organization is also a good approach for expanding business. The new innovation that can be done in this strategy is to associate the strategic alliance to the reward program. This can bring shirt term sales boosting for the company but can also help in bringing long term brand loyalty. As discussed earlier, that the company wants to serve its customers in such a way so that they cannot go empty handed from the stores (Rotha?rmel, 2017). This suggests that the company needs to diversify its products range. Increasing the products range of the company helps the company to serve its customers all the products under one roof. This helps the customers to stick to the brand and they will not go anywhere else if they find all their required products in one store. As per the analysis, it has been ide ntified that the company is mainly focusing on its customers and not more on its employees. The company should opt some of the strategies to engage employees to perform effective. This is because human resource is very important for any of the customers oriented industry. Therefore, training the employees regarding customer service help the company to achieve higher customer service rating and positive reviews from the customers(Saloner, Shepard Podolny, 2011). Conclusion: Woolworth is the company that is ranked among top companies in super market industry of Australia. According to the strategic analysis, it has been analyzed that the company is facing the competition in the industry. It has the core competencies such as its supply chain and the resources available to deal with the rivals in the industry. The strength of the company is supporting the firm to withstand on the op position in the industry (Spillan Ling, 2015). The company is cutting down its prices to serve the customers with low prices products without compromising the quality of the products. This strategy of the company has supported it to achieve high degree of customer base and loyalty. The company can use some of the approaches like cost leadership and innovation in the products to achieve higher market share in future. References: Aaker, D. A. (2008).Strategic market management. John Wiley Sons. Ansoff, H. (2007).Strategic management. Springer. Ansoff, H. (2014).Strategic management. [Place of publication not identified]: Palgrave Macmillan. Arli, V., Dylke, S., Burgess, R., Campus, R., Soldo, E. (2013). Woolworths Australia and Walmart US: Best practices in supply chain collaboration.Journal of Economics, Business Accountancy Ventura,16(1). Armstrong, M., Taylor, S. (2014).Armstrong's handbook of human resource management practice. Kogan Page Publishers. Dos Santos, M. A., Svensson, G., Padin, C. (2013). Indicators of sustainable business practices: Woolworths in South Africa.Supply Chain Management: An International Journal,18(1), 104-108. Eden, C., Ackermann, F. (2013).Making strategy: The journey of strategic management. Sage. FitzRoy, P., Hulbert, J., Ghobadian, A., O'Shannassy, T. (2012).Strategic management: The challenge of creating value. Routledge. Freeman, R. E. (2010).Strategic management: A stakeholder approach. Cambridge University Press. Hill, C. W., Jones, G. R., Schilling, M. A. (2014).Strategic management: theory: an integrated approach. Cengage Learning. Hitt, M. A., Ireland, R. D., Hoskisson, R. E. (2012).Strategic management cases: competitiveness and globalization. Cengage Learning. Hubbard, G., Rice, J., Galvin, P. (2014).Strategic management. Pearson Australia. Hult, G. T. M., Ketchen, D. J., Arrfelt, M. (2007). Strategic supply chain management: Improving performance through a culture of competitiveness and knowledge development.Strategic management journal,28(10), 1035-1052. Jeyarathmm, M. (2008).Strategic Management. New Delhi: Himalaya Pub. House. Kapferer, J. N. (2012).The new strategic brand management: Advanced insights and strategic thinking. Kogan page publishers. Keller, K. L., Parameswaran, M. G., Jacob, I. (2011).Strategic brand management: Building, measuring, and managing brand equity. Pearson Education India. Nag, R., Hambrick, D. C., Chen, M. J. (2007). What is strategic management, really? Inductive derivation of a consensus definition of the field.Strategic management journal,28(9), 935-955. Rotha?rmel, F. (2017).Strategic management. New York, NY: McGraw-Hill Education. Saloner, G., Shepard, A., Podolny, J. (2011).Strategic management.. New Delhi: Wiley India. Sands, S., Ferraro, C. (2010). Retailers' strategic responses to economic downturn: insights from down under.International Journal of Retail Distribution Management,38(8), 567-577. Spillan, J. E., Ling, H. G. (2015, January). Woolworths: An Adizes Corporate Lifecycle Perspective. InBusiness History Conference. Business and Economic History On-line: Papers Presented at the BHC Annual Meeting(Vol. 13, p. 1). Business History Conference. Thompson, J. L., Martin, F. (2010).Strategic management: awareness change. Cengage Learning EMEA. Wheelen, T. L., Hunger, J. D. (2011).Concepts in strategic management and business policy. Pearson Education India. Williams, K. (2009).Strategic management. New York, N.Y: DK Pub.

Leasing (IAS 17)

Leasing IAS 17 refers to a set of regulations put in place by the government to guide the leasing process. The key objective of these regulations is to offer a clear prescription to both lessees and leasers appropriate accounting policies and disclosures to apply in relation to finance and operating leases (Badaracco 2003).Advertising We will write a custom essay sample on Leasing (IAS 17) specifically for you for only $16.05 $11/page Learn More These regulations apply in all leasing processes a part from those concerning the exploitation of such resources as oil, minerals, natural gas and any other asset of similar nature. The manner in which these regulations apply however, casts a lot of doubt on whether they can govern an extremely expanding real estates industry. The standards upon which such leases are transacted leave both parties with a considerable amount of risk that would jeopardize the entire leasing process. A summary of some of the risks th at would arise due to the failure by the regulations to meet the need of the users include: Categorizing all leases which transfers risks and rewards incidents into ownership as financial leases. This provision is vague in the housing sector which is largely considered a financial lease. The lease is financial because the leaser seeks financial benefits from the asset but still retains the risks. Such risks like a fire break out in the rented house would bear consequential risks for both the parties and this therefore becomes the contentious occurrence in the housing and real estates industry. The fact that the regulations do no spell out the types of risks that these two parties would bear and how to go about the entire remaining lease term in such circumstances make them fail to meet the needs of users and are therefore of no significance to players in the industry.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15 % OFF Learn More In a financial lease, the secondary lease should be at a price a little bit lower than the primary lease. The house depreciates but the land on which the house stand normally appreciates. The regulation code does not describe how to go about this and therefore in real estates, laws do not offer much solution to users and this would be referred to as fail (Alexander Jorissen 2010). The proposed alternative laws that would treat both the land and the house as two separate assets would be of much help to the sector as the two would always be handled differently despite the fact that there can be no house without a land. The current trend in the real estates industry is the development of sky scrapers; a single acre of land would carry on it a hundred or so flats. This means that the land bears more than its value. Treating the two differently in such a case would be prudent as the small peace of land would attract several leasers in the form of the countless tenants. The tenants in this case must be made to understand that they are in the transaction only for the house and not the land. Any occurrence that does a way with the presence of the house definitely ends the viability of the lease (Badaracco 2003). In retrospect, the lease regulations commonly referred to as the leasing (IAS17) have been very instrumental in reaching a consensus between the leaser and the lessee but the fact that they never anticipated that there would be newer trends as has been witnessed in the real estates sector casts a spell of uncertainty in their viability. All that is needed is a correctional amendment that would put to rest any conflicting circumstance that would be presented when developing transactions. Reference list Alexander, B, Jorissen, A 2010, International Financial Reporting and Analysis, Oxford University press: oxford.Advertising We will write a custom essay sample on Leasing (IAS 17) specifically for you for only $16.05 $11 /page Learn More Badaracco, J 2003, Defining Moments: When Managers must choose between right and wrong. Harvard University; Harvard. This essay on Leasing (IAS 17) was written and submitted by user Kaeden Rhodes to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.