Question
Your reference sources must be limited to the Wall Street Journal, Financial Times, New York Times or a journal article from a recognized financial resource...Any other sources must be approved prior to submission. To complete the article review, you should do research on the assigned topic to provide some in-depth information about the topic’s significance to the current business climate regarding global finance. The article review should be a minimum of 250 words and be submitted in the APA format.
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The current business climate regarding global finance can be gauged in part through looking at economic factors that impact the level of business activity globally, such as the price of oil. These economic factors can also be used in various Causal Modeling forecasting methods for budgeting purposes, as discussed in Chapter 3 of the text . According to the November 4th, 2014 Wall Street Journal article the price of oil dropped further on Monday. Reasons for the recent drop in oil prices and various economic implications are outlined in the article and summarized here, followed by a brief discussion of how the information might be used in a revenue or cost forecast for budgeting purposes....