Business Finance Homework Help

1. Your article report study will include a current business article of your choice. “Current” means not older than one year from the beginning date of the class. This report will be a summary of an article you have selected from a current national news magazine, newspaper, or website.

2. You MUST use the Central Texas College Oveta Culp Hobby Memorial Library to find your articles for the report. They have many online resources for journals, articles, and e-books.

3. Write a three to five sentence summary of the article. You will briefly summarize the article by stating the main points in your own words in a few complete sentences (just enough to capture the gist of the article). DO NOT include your opinion in the summary section of the report. A summary includes only information that is contained in the article–it is not an essay.

4. Write at least a 300-word, double-spaced opinion section about the article. The Article Report should be no longer than 600 words. You should provide your conclusions or opinions about the article. Validate your opinions by citing what the textbook authors write. Your thoughts/opinion should only appear in the opinion section.

5. The report must be in the correct format with all items completed, all information typed. The writing must be correct with regard to grammar, spelling, punctuation, and sentence structure. Central Texas College adopted the Modern Language Association formats for use in all classes.

6. You MUST include the link to the working website where you obtained the copy of the article with the completed Article Report.

7. Substantiate your answers with quotations from the text and article, and give a parenthetical citation. The correct format would be (Author, 102). Do not forget to substantiate your answer with direct quotations from the textbook. Do not cite a broad range of pages as the source for the answer. In other words, do not cite pages 33-55; be specific. If there are no summary or text citations, there could be a substantial percent deduction in your grade.

In this class, a student should directly quote material from the text to support the student’s opinion. The quote should begin with quotation marks and end with closing quotation marks. Next comes the parenthetical citation which identifies from which text the quote came and the page number. A Works Cited section must be included in the Modern Language Association format.

It must be submitted following the instructions below:

• Create your assignment in a word processing software program on your computer.
• Name it Name_AR1 (example: Joe Smith would name his JSmith_AR 1.rtf) and save on your computer or memory device as a .rtf document (rich text format).
• When you are ready to submit it, select the link above (the assignment name).
• When the new screen opens locate ATTACH LOCAL FILE and select the BROWSE button to navigate to the document.
• Navigate to your document.
• Select SUBMIT when you have found it.
• Do NOT paste your assignments in the comments box; this is meant for short notes to the instructor and will not provide enough space to hold an entire assignment.

See the example of an Article Report below. Next, open the links below to access the link to turn in your Article Report

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LLedger_AR

Laws Governing Labor Movements

Summary:

According to Akash Chougle in the Investors Daily, the year of 2017 is going to be one of the great changes for laws affecting state-based unions. Labor laws in Kentucky, Missouri, and Iowa have changed so far as the right to work, unionization activities, and year recertification of unions. Chougle writes that the movement is going to make 2017 the most work-friendly year in generations.

Discussion:

The article covers topics that are presented in the section of the text titled “Laws Governing Labor-Management Relations.” (Ebert 626). The laws that related to this article are the National Labor Relations (Wagner) Act and the Taft-Hartley Act. The National Labor Relations Act gives workers the right to form unions, bargain collectively with management and engage in strikes to reach the union’s goals. It forces management/owners to bargain with union representatives, and it prevents employers from discriminating against union members in hiring, promoting, and firing.

The Taft Hartley Act, among many prohibitions for unions, prohibited union shops. In a union shop, workers can be forced to join a union to get a job, but the Taft Hartley Act prohibited the formation of union shops. The Taft Hartley Act gave states the right to enact right-to-work laws that make it illegal for union membership to be required in order for a worker to get a job. States that pass those laws are known as Right to the Work States, and the authors report that there are 21 states which are Right to the Work States.

There are notable state laws that have changed the way that unions are going to operate in states. Kentucky and Missouri passed laws to make those states Right to the Work States. Kentucky passed a law that requires a written form be signed by the union member employees that allows membership dues to be deducted from the union member’s salary. Union dues can’t be just deducted. There are other state changes in the Right to the Work States that occurred since 2012, and those states are Indiana, Michigan, Wisconsin, and West Virginia.

State actions that are relative to the National Labor Relations Act are the following: (1) In Wisconsin, there has to be an annual recertification of the union that represents state workers. In other words, unions have to earn the right annually to represent workers who are employed by the state. (2) In Missouri, there are no more times for union activities allowed on the taxpayer’s dime. The union organization activities have to occur on the workers’ personal time.

Student Opinion:

The authors state, “Although millions of workers still belong to labor unions, union membership as a percentage of the workforce has continued to decline.” (Ebert 622). The authors give reasons for the decline such as companies hiring workers who are not good candidates for union membership like women and ethnic minorities (Ebert 623). Additionally, companies are giving workers the same benefits that unions have gained except that the companies don’t charge workers union dues for the benefit. For instance, “Motorola…offers no-lay-off guarantees.” (Ebert 623). Having security in employment is a great benefit for the workers.

The latter reason given is the one that makes sense. Managers have recognized that “Effectively managing human resources is the lifeblood of organizations” (Ebert 311). Previously management somewhat abused workers, and those times brought the growth of unions.

Presently, organizations recognize the past failures with worker relations and have taken actions to improve conditions of workers. Concomitantly, state governments have allowed the workers to be free to make choices about using unions or let companies provide benefits without workers paying union dues.

Works Cited:

Chougle, Akash. “2017: A Year of State Labor Reforms.”Investors Business Daily, 03 Mar. 2017, p. 1. EBSCOhost, search.ebscohost.com/login.aspx?direct=true&db=bth&AN=121614934&site=ehost-live.

Ebert, Ronald, and Griffin, Ricky. Business Essentials for Central Texas College, Custom Version 2nd Edition. Pearson. 2017.

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