Sunday, February 26, 2012

Week 5 Type A entry

 I recently read an article(http://online.wsj.com/article/BT-CO-20120224-714268.html) on The Wall Street Journal's website about the fourth quarter revenue. The 2011 fourth quarter revenue of World Fuel Services was up 60% from the revenue of fourth quarter 2010. The growth was significantly slower than the first three quarters' year to year growth in revenue. The growth is still very significant however, thanks to factors such as higher sales volumes and prices. Also, another story on the same page says that the value of the American Dollar is rising and has made it to .9996 to one Canadian dollar ratio. It is good to see the American Dollar increase in value and almost pull even with the Canadian Dollar, a currency that the American Dollar usually is worth far more than.

Week 5 Type B entry: Response to John Smith situation from Dr. Johnson's blog post

 I don't believe that John Smith should sell the names and phone numbers of people possibly interested in purchasing an automobile in the near future. I think that it is an invasion of privacy, unless there was a user agreement that was agreed upon, upon completion of the survey that indicated to the participant that the results and personal information of the participants will be shared with third parties. I don't think that John Smith can take the businesses present financial position into consideration when making this decision, as hard as it might be. The American Marketing Association's statement of Ethics doesn't exactly address a similar situation to that of John Smith's, but The Fairness section and respect sections of their statement of ethics kind of says that privacy and legality is striven for. The situation is indeed a difficult one for the John Smith company, but they still have to honor and respect their participants' rights and privacy.