Business Article review - Essay Example

Only on StudentShare

Extract of sample
Business Article review

The Department of Labor reported that unit labor costs increased by 1.4% while inflation-adjusted compensation rose to only 0.4 %. The higher rate of increases in productivity relative to the mount in hourly wage indicates that "companies are still able to keep a significant share of productivity gains for themselves and their investors." An implication of this is that companies are able to keep a larger share of their revenue as gross profits which can dampen the possibility of inflation as they allow companies to absorb more costs. However, the article also recognized that as companies have strong pricing power, they are hesitant in absorbing higher input costs but are inclined to pass these costs to consumers. The decline in the number of unemployed is indicative of a strong job market (Whitehouse).
The article revealed the interrelation of different macroeconomic variables in the society as well as showed how the economic climate affects the position and decision making of business entities. The concepts such as inflation, productivity, and employment levels which are presently tackled in the class and their relationships are more elucidated and understood in the business article.
Theoretically, labor productivity and wages are closely li ...Show more

Summary

The business article summaries the first quarter labor situation in the United States and their implications on business organizations. The article reported that as labor productivity in the country increased by 3.2% relative to the 2005 level. This mount in productivity resulted in company's higher output…
Author : cokon
Save Your Time for More Important Things
Let us write or edit the essay on your topic
"Business Article review"
with a personal 20% discount.
Grab the best paper

Related Essays

Review Article
More than 40% of hospitals in US hospitals surveyed had registered burnout levels beyond the norm. Concerned on the effects of the crisis, many government agencies and independent researchers conducted scientific studies that would establish the effects on nurses and patients.
20 pages (5000 words) Essay
Article Review
The author has taken a subject of the minorities, specifically, the Afro-Americans who are most often looked at as the people with the wrong words and deeds rather than people who are wronged. Particularly stressing on the NCLB approach of states like Louisiana and the result of this approach after the passage of the act, the paper also does a detailed literature review in addition to the data collection and research towards a solution for the problems identified.
2 pages (500 words) Essay
Scientific article review
It discusses several new important breakthrough in figuring out why the immune system attacks the brain and spinal chord, and how this can be contained.One important new breakthrough is the discovery of "T-regs", a cell that regulates T-Cells (Inner Conflict).
2 pages (500 words) Essay
Review of Current Newspaper Article ( Business Law )
The article illustrates how the Australian government fails to provide enough protection to consumers like McFeddans family who have spent their money and time waiting for the completion of the house they have dreamed of only to be devastated because of the long process of the government to run after private insurers and the builders who take refuge in bankruptcy proceeding and who practices unfairness in trade.
2 pages (500 words) Essay
Article Comparison/Review
4 pages (1000 words) Essay
Article Review: You Belong
Rather than geographically-based groups, communities are forming around non-traditional focuses like commonality in work or unity for a short-term cause. This principle is extended beyond the standard human experience to include brands as generators of community relationships.
2 pages (500 words) Essay
Assignment1 Industrial Ecology
37). Management should shift its attention from inspection and focus on building quality products. This can be done through defect detection, defect prevention, and continuous improvement of the product. The aim should be to
3 pages (750 words) Research Paper
(power relations) in Greco-Roman myth
In many cases, the stories and plays that have survived the passage of time illustrate the various different power struggles that took place within human society regardless of the actual story told. Conflict, and the individuals means of dealing
5 pages (1250 words) Essay
Find out how much would it cost
to get a custom paper written by a pro under your requirements!
Win a special DISCOUNT!
Put in your e-mail and click the button with your lucky finger
Your email
YOUR PRIZE:
Apply my DISCOUNT