Article Summary Example

Article Summary Example Article Summary – Article Example Article Summary According to research studies by a group of economists, there is a close relationship between violence and the use of drugs (Benson 34). The use of drugs has become an international concern because of its effects on crime and violence. Some countries such as Mexico have made efforts to legalize drug trade in order to reduce its overall effects. Drug trade also has a number of implications on the economy. Drug trade has very high volumes of sales but there are minimal profits from such activities. This is because a large number of intermediaries are involved in the business hence reducing profit margins between individual businesses involved in the trade (Bruce 27). When trader can manage to be in business with low profits, they tend to operate by enlarging their bases and expanding business to make more sales. As a result, revenues realized by the respective countries are set to increase and result to economic developments (Bruce 27).Competition also tends to set in b ecause the market has minimum or no barriers to entry hence many people will be attracted to venture in drug trade Opinion polls conducted in the US and Mexico recorded that such countries would be well of if they had legalized the use of drugs. They argue that the legalization process would ensure that the country records high levels of GDP through taxation of the use of drugs. Research shows that if Mexico would legalize the use of drugs, then the country would be able to collect revenues close to what drug cartels collect (Benson 40). Benson, Bruce. Handbook on the Economics of Crime. Cheltenham: Elgar, 2010. pp. 23-145. Article Summary Example Article Summary – Article Example iPhones in a Foreign Market The paper summarizes the article ‘Britain turns its back on Android in favor of iOS’ posted in theTelegraph Media Group Limited by Rhiannon Williams on 7th January 2015. The article shows the expansion of the Apple’s market share in U.K. The article asserts that the market share for Apple’s Smartphone has grown rapidly in the recent years as compared to its competitor, Android (Williams 1). The article states that Apple has recorded its highest market share in Britains smartphone where it accounts for 42.5 % of all smartphone sales in U.K (Williams 1). The growth for Apple market share in foreign markets like Britain relates to its iOS operating system. The article shows how and why Britain consumers opted to buy iPhones instead of Android phones from Google leading to significant growth in iPhone sales (Williams 1).The article quotes a recent research done by Kantar WordPanelCom Tech Research Company that indicated Apple Company ’s sales as of November 2014 to be 23.8 % of smartphones sales in Britain, Germany, France, Italy, and Spain (Williams 1). Indeed, the article recognizes an increase in iPhone sales U.K in the last one year. The article attributes this to the introduction of iPhone 6 and iPhone 6 plus on September 2014 (Williams 1). The increase in brands and devices from different manufacturers allows U.K consumers to analyze different products before purchasing. The quality and features of iPhone 6 and iPhone 6 plus motivated U.K consumers to choose Apple Smartphones that increased Apple market share. The article notes that the introduction of iPhone 6 and iPhone 6 plus expanded Apple’s market shares in other foreign markets like China (Williams 1).Williams, Rhiannon. Britain turns its back on Android in favor of iOS. 7th January 2015. Web. 4th March 2015.