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Essay / Research Paper Abstract
This 7 page paper examines the leisure industry and provides a recommendation to study mergers and acquisitions. Trustworthiness is at the crux of the investigation and corporate culture is discussed. Bibliography lists 6 sources.
Page Count:
7 pages (~225 words per page)
File: RT13_SA632lei.rtf
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Unformatted sample text from the term paper:
and the Spirit of Capitalism looms large in America today. Although the rich sun themselves and do nothing but have fun, there are few famous people like Paris Hilton or
those on the reality show Rich Girls, who do absolutely nothing. In fact, people like Anna Nicole Smith are mocked for being lazy. Even rich people who do not work
are not admired. But there is a leisure industry. People take vacations that are aligned with a sense that they must go away at least once per year and most
everyone watches films. If they cannot afford to go to the theater, movies quickly are brought to free television. Leisure is desirable and has health benefits. In effect, leisure is
considered a normal good which means that with a rise in income, people will be more likely to purchase more leisure by reducing their work effort (Tanner & Moore, 1997).
Yet, this was not always true. At the height of the industrial revolution, people would have little time for leisure but things would change. Recreation changed
dramatically between 1890 and 1940 because Americans embraced new leisure technologies (Fischer, 1994). Nickelodeons had appeared but then they were quickly replaced by movies (Fischer, 1994). Film-going would
grow as would radio that first appeared in the 1920s (Fischer, 1994). It seems that between the 1950s and the 1990s something happened to change a world of leisure and
an American Dream life into a two income family world. Still, people make time for leisure and leisure is a money-making industry. Within the leisure industry, there are many large
firms. Sometimes, as in a variety of industries, two companies merge. This is not unusual. Yet, when two companies come together, sometimes corporate culture collides. Trustworthiness of employees becomes an
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