500-1000 Words

Article Summary # ___ “Article Title” Article Source

Article Date (Articles should be dated within the last 6 months) Article Link: Good: https://www.bloomberg.com/features/2016-walmart-crime/ Bad: http://www.bloomberg.com/ Company Profile: Include a brief profile of the company, including (but not limited to):

? Subsidiary of another (parent) organization ? Main products/services ? Relative number of employees ? CEO/President’sName ? Headquarters ? Revenue ? Any other information that may be pertinent based on the article

Book Topic: What book topic does the article highlight? Include Chapter and Page Number, Article Summary & Analysis: Summarize the article, integrating the book topic with the article. Also mention how this applies to management. Don’t copy straight from the article for full paragraphs Use news articles, not blog posts Use credible sources (New York Times, Bloomberg Businessweek, Forbes, Wall Street Journal, etc)

Student examples from previous semesters are provided below.

Article Summary #3

“Facebook replaces lobbying executive amid regulatory scrutiny” NY Times

April 24, 2018 Article Link: https://www.nytimes.com/2018/04/24/technology/facebook-shakeup-regulatory- scrutiny.html?rref=collection%2Fsectioncollection%2Fbusiness&action=click&contentC ollection=business&region=rank&module=package&version=highlights&contentPlacem ent=2&pgtype=sectionfront Company Profile:

? Facebook is a social media network that is about building community by staying connected with family and friends, and also bringing the world closer together via internet.

? CEO is Mark Zuckerberg ? Chief Operating Officer is Sheryl Sandberg ? Chief Technology Officer is Mike Schroepfer ? 1.45 billion daily active users on average for March 2018 ? Headquarters in Men Park, California ? 27,742 total employees ? Has over 20 international offices around the world

Article Topic/Issue Facebook is facing scrutiny from federal regulators and lawmakers after millions of users personal information and data was compromised by a third party out of the UK. The company has violated their promise to protect the data of its users. Book Topic: Social Responsiveness: A company’s strategy to respond to stakeholders economic, legal, ethical, or discretionary expectations concerning social responsibility. Management, 10th edition, 2017, page 87. Summary and Analysis Facebook is under intense scrutiny for violating their privacy policy by not protecting members information. The head of policy for the company, Erin Egan, is being replaced for being the main one responsible for this issue. She was responsible for lobbying and governmental relations for this specific position. Recent reports show that data of millions of users was compromised by the “British political research firm Cambridge Analytica”. This made users very upset as they felt Facebook has broken their 2011 promises made to them to protect their privacy. The main promise made is that Facebook would protect members privacy from third parties. This was obviously broken. A company that can’t be reliable with what they are promoting or promising users, won’t be used after a while. With the new types of social media networks being used and created,

Facebook can’t afford messing up people’s privacy. That is one of the biggest concerns for why people choose to use a certain network or not. In response to this issue, Facebook is looking into new privacy laws like “the General Data Protection Regulation” that is being used by several countries networks already. Even with the big issue Facebook is facing, their social responsiveness is optimistic. They are acting fast on how to better there system to limit this problem from happening again. Facebook is accomodating to its users by “accept[ing] responsibility for a problem and tak[ing] a progressive approach by doing all that could be expected to solve the problem.” Management, 10th edition, 2017, page 88.