Find an article on anything related to issues in Chapters 1- 3. (no ethics please) This article will be called Article Abstract #1. Be sure to review the Article Abstract Specifics and Article Abstract Example. This information is at the very bottom of our Moodle page. Under the last unit. The abstract should be from 1 to 1 1/2 pages.See the titles and format as example (points will be taken off not used)
Article AbstractSpecificsFor this assignment, you must select a recentmagazine or newspaper article dealing with a current business issue or eventrelevant to this class and/or information in a specific chapter. I suggest thatyou preview the chapters to be covered in this class to assist you in choosingan appropriate article. Please check withM Fate if you are unsure of the applicability of either the article source ofsubject matter.Sources might include but are not limited to current issuesof publications such as the following: NEWSPAPERS, WALL STREET JOURNAL, FORBES,FORTUNE, THE ECONOMIST, WORTH, NEWSWEEK, INC, MONEY, US NEWS, or anotherBusiness source. (Similar)This paper should be entirely in your own words. The purpose of these assignments are toincrease your awareness of current economic material available and to give youpractice in reading, writing, and understanding current corporate financialissues.This abstract should be one page, double spaced typewrittenpages and you must include a copy (or a working URL) of the article with your abstract.Your structure should be as follows:Summary: The first part of your paper should summarize the major theme of thearticle.Issues: The next sections should discuss the business issues raisedby the article.Analysis:Discuss the various sides of the issue to indicate your understanding of thediscussion. For example, what is the difference between managers andleaders, in what situations should a manager lead and in what situations shoulda leader lead. Who is more important inyour opinion?GRADING CRITERIA1.75% Demonstrated knowledge and understanding ofthe business issues discussed in the article.2.15% Utilization or proper grammar, spelling,sentence & paragraph structure, syntax and punctuation. Consult APAor MLA writing guide for reference. However, be consistent with style3.10% Clarity of exposition, conciseness, style,and creativity.
Article Abstract ExampleSUMMARYIn recentmonths, there has been talk between Delta Airlines and Northwest Airlines ofthe possibility of a merger between the two companies. The hurt that theairlines took after 9/11 was devastating, and the merger would strengthen thebase of the two companies and create one, larger, but more successful company.As of now, the companies are hearing from their respective unions, and seeingif the unions can work out a deal to make the merger possible. If the unions canagree, then the two companies vow to declare their intention to merge. If themerger goes through, economists predict that four other American owned airlineswill attempt to merge as well. The most likely pairs would be American Airlinesand US Airways, and the other merge between United Airlines and ContinentalAirlines.ISSUESTheunderlying issue that is encouraging these companies to merge is the fact thatmost of these companies have been reconstructed under Chapter 11bankruptcy. According to “The Economist”, theAmerican airline industry has seen a 39% decrease in employment, a 30% decreasein wages, and in total there has been over $20 billion defaulted on pensions.The companies believe that if they merge, they will be able to re-establishstability in the airline industry and create more jobs and earnings in the longrun. Another big reason for the merger would because of the prices of gas. Manyof the companies are using planes that are very old and thus very inefficientwhen it comes to fuel usage. If the merger was allowed then companies could usethe older planes less often and eventually gain enough money and stability topurchase new planes that are more environmentally friendly and fuel efficient.The big reason why the airlines are trying to push this past right now isbecause they know a Republican President in the white house is morebig-business friendly, and he is more probable to allow the merger of suchlarge corporations.ANALYSISSupportersof the merger argue that this will benefit the airlines in the long run, and itwill create more jobs and more flight efficiency. The airlines will be able tocreate more comprehensive flight plans that will allow consumers more abilityto get from one place to another with greater ease. Also, supporters of themerger say that if the merger does not go through, then flights to low useairports will be lowered, affecting the availability of travel from scarcelyvisited destinations. Thos e who oppose the merger say that the merges willonly increase travel prices because of less competition, and the consumers willbe the losers in all of this. They also say that less popular airlines such asSouthwest or Midwest airlines will rush in tothe small airports and ensure that flights will continue from the scarcelytraveled destinations.
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