Economics and Business Letters
EDITOR
YoungJun Kim, Henderson State University
EDITORIAL BOARD
Wendi Boyles, Henderson State University
Renae Clark, Henderson State University
Dennis DiMarzio, Henderson State University
Kenneth Green, Sam Houston State University
Margaret Hoskins, Henderson State University
Paul Huo, Henderson State University
Lonnie Jackson, Henderson State University
Gary Linn, Henderson State University
Jack Meadows, Henderson State University
Bobby Medlin, University of South Carolina-Upstate
Paul "Jep" Robertson, Henderson State University
Calvin Shipley, Henderson State University
Carl Stark, Henderson State University
Glenna Sumner, Henderson State University
Michael Watters, Henderson State University
Anita Williams, Henderson State University
Alan Wright, Henderson State University
The Economics and Business Letters (EBL) is an official journal of Economic Society in the School of Business supported by the School of Business at Henderson State University. The EBL is aimed at supporting and encouraging high quality student research in economics and business by publishing the best students’ papers.
Any undergraduate and graduate student with a background in all areas of business and economics (non-majors included) may submit an original article to be considered for publication in EBL.
The EBL is published annually around July. Although submissions will be accepted throughout the year, articles which are submitted by the end of May will be considered for publication in the current issue.
Submitted articles will be edited and reviewed by the EBL editorial Board. The EBL reserves the right to make minor grammatical corrections and adjustments in the format of the paper.
Economics and Business Letters, Volume 1, 2007
Contents
1 Foreword
Dr. YoungJun Kim
2 From the Dean
Dr. Y. Paul Huo
3 Economic Impact of the Legalization of Sports Gambling
Yurik Paroubek
8 Improving Company Performance: A Look into Employee Engagement and How it Effects
Individual Performance
Solayman M. Rafiq and Laura L. Damron
13 The Impact of Fuel Prices on Motorcycle Sales
Richard E. Braughton and Steven R. Wayland
18 Economic Measures on Tobacco Control
Jia Pu (Ann), Xiaoxiao Jia (Shelly), and Xiaomin Gao (Jasmine)
23 Financial Analysis of Hershey Foods in 2006
Ryan Spratt and James Neal
42 Welfare Reform and its Effect on the United States Economy
Brent Burris and Summer Howerton
48 The Black Market Peso Exchange System
Jared Wesley
51 Decision-making: Importance of marginal analysis
Hervey Logang
54 Analysis of Investment Opportunities
Nick Vaughn
57 WALMART "WITCHBROOMS"
Leila Hell
60 The Economic Impact of the Retirement of the "Baby Boom" Generation on the Social
Welfare System
Leah Rudolph
62 Economic Analysis of US Economy
Jay Hoover
68 American versus Chinese Business Culture and Etiquette
Michael LiMandri
73 Carbon Emissions Market and Economics in the U.S.
Fofeyin Yengo Bonito
75 WAL-MART in China
Bart J. Walker
Call for Papers!
You are invited to submit papers for publication in Economics and Business Letters 2008 Volume 2 which will be published in fall 2008 in print version.
We welcome original articles from all graduate and undergraduate students. Student papers sponsored by members of faculty will also be highly considered.
Paper Format: Use Microsoft Office format,
Size 11-point Times New Roman font with single spacing.
Submission Deadline: May 31, 2008
Online Submissions: Submit your paper (MS Word file) online to
Dr. YoungJun Kim
Editor-in-Chief, Economics and Business Letters
Advisor, Economic Society
Assistant Professor
School of Business,
Henderson State University,
Arkadelphia, AR, 71999, USA
Tel: 870-230-5457
Fax: 870-230-5286
E-mail: kimy@hsu.edu
www.hsu.edu/kimy
www.hsu.edu/schoolofbusiness