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March 2006

Media Coverage: March 2006

Minneapolis Star Tribune, 03/26/2006—Fred Hurvitz, instructor of marketing, comments on Target's marketing of upscale pet food. "By developing a private-branded pet food, Target may be able to eventually develop a brand-loyal customer to their new proprietary product offering," said Hurvitz. "Since Target is most likely contracting a dog-food manufacturer to produce the product, the capital outlay is most likely minimal." (Target Joins Upscale Pet-Food Market). This article was also distributed by Scripps Howard News Service and appeared in several newspapers.

Centre Daily Times, 03/26/2006—News brief on the Penn State Smeal College of Business Sports Symposium. (Panel To Discuss Sports Business Jobs).

Centre Daily Times, 03/26/2006—News brief on the appointment of Patricia Gardner to director of Penn State Executive Programs. (Business People: Management).

Newsday, 03/25/2006—Fariborz Ghadar, director of the Center for Global Business Studies, comments on how the conflict in Iraq is affecting businesses and the U.S. economy. "In future years, the opportunities and constraints are likely to continue; only the cast of business characters may change. Companies specializing in infrastructure, from roads and water to electricity and telecommunications, will be the next entrants, says Ghadar." (Businesses Find Benefits, Costs In War Work). This article also appeared in the Detroit News.

Metro Source Radio News, 03/24/2006—Charles Enis, associate professor of accounting, offers up tax tips in this radio interview, which was distributed to radio stations in every major city via Westwood One.

Pacific Magazine, 03/21/2006—Smeal's Business Building is mentioned in an article announcing the winners of the 2006 Marvin M. Black Excellence in Partnering Awards. (Dick Pacific Construction Wins AGC Excellence Award).

Centre Daily Times, 03/20/2006—Research on personality and career advancement by Martin Kilduff, professor of organizational behavior, is cited. (PSU Probing Question: Are You A Leader?).

Traffic World, 03/20/2006—Article on the Smeal team's victory at the International Graduate Logistics Case Competition. "A Penn State team of six graduate students bested competitors from as far away as Germany in a competition sponsored by FedEx Freight at the University of Arkansas in February." (Beyond The Classroom).

WFMZ-TV (Allentown, Pa.) , 03/20/2006—Vincent Coglianese, senior Marine Corps logistics fellow, is interviewed about his experience in Iraq. "Right now Colonel Coglianese serves as Senior Marine Corps Logistics Fellow at the Smeal College of Business at Penn State University. Although he's been back from Iraq for about a year, he says there's always a chance he could go again." View the clip here.

The Wall Street Journal, 03/18/2006—J. Edward Ketz, associate professor of accounting, comments on the bookkeeping mistakes at General Motors. "I find it amazing there are so many errors cropping up here," said Ketz. "The original errors are all in the same direction, of increasing earnings. ... It certainly indicates an aggressive accounting policy by GM." (GM Bookkeeping Errors May Indicate Aggressive Accounting Style).

Centre Daily Times, 03/18/2006—Article on the University Board of Trustees meeting mentions Jim Thomas' appointment as the next dean. "James Thomas, now the dean of the College of Information Sciences and Technology, will be the next dean at the Smeal College of Business. He said he wants to emphasize competition and community." (Record numbers applying to PSU).

Spartanburg Herald-Journal, 03/17/2006—Fariborz Ghadar, director of the Center for Global Business Studies, comments on nuclear energy. "Although construction costs for nuclear plants are in the billions, operating a plant is relatively inexpensive compared with other forms of electricity, Ghadar said." (Cherokee Goes Nuclear).

The Baltimore Sun, 03/14/2006—Terrence Guay, clinical assistant professor of international business, argues in an op-ed that the decision by Dubai Ports World to withdraw from U.S. ports will harm international trade relations. "The decision by Dubai Ports World to have a U.S. entity manage the operations of several U.S. ports is the latest indication that dubious security concerns outweigh economic policy in this country." (A Setback For Free Trade).

USA Today, 03/08/2006—Timothy Pollock, associate professor of management, comments on the New York Stock Exchange IPO. "The NYSE used to be the only game in town. But market forces are threatening its way of life. Electronic exchanges are cheaper, faster and can operate 24/7," says Pollock. (Taking Stock Of, And In, The New York Stock Exchange).

USA Today, 03/07/2006—Fariborz Ghadar, director of the Center for Global Business Studies, comments on the telecommunications industry. "Consumers demand a spectrum of services, and if you can't afford to invest in that spectrum of services, you're going to be bought out," Ghadar says. (Qwest May Get A Buyout Nibble).

Centre Daily Times, 03/06/2006—J. Edward Ketz, associate professor of accounting, outlines the Enron trial and the defense strategy in an op-ed. "After four years of castigation, Kenneth Lay and Jeffrey Skilling will have an opportunity to tell the public why we shouldn't throw them into prison for a very long time," Ketz writes. (Justice Is Far From Certain In The Trial Of Ex-Enron Executives).

Pittsburgh Post-Gazette, 03/05/2006—Terrence Guay, clinical assistant professor of international business, comments on the fears raised recently by international mergers. Guay says the public and political outcry over recent mergers is "a backlash against a lot of the globalization that people see." (Concerns Over Global Deals Tend To Play To Local Fears). This article also appeared on TMCnet.com.

Arkansas Democrat-Gazette, 03/05/2006—J. Edward Ketz, associate professor of accounting, writes in an op-ed that the SEC was wrong to subpoena the notes of several financial journalists. "Reporters, especially those covering finance, act as watchdogs over big business, keeping a vigilant eye on financial reporting to ensure nothing fishy is cooked up in corporate accounting books," Ketz writes. (SEC Subpoenas Betraying Interests Of Investing Public).

Investor's Business Daily, 03/03/2006—Terrence Guay, clinical assistant professor of international business, comments on the economies of India and China. "For the most part, it's still a pretty accurate stereotype," Guay says. "India's service sector is over 50 percent of their economy. In China, it is only a third or so." (China-Based Software Maker Looks To Change Old Stereotypes).

Army Logistician, 03/01/2006—Article on the partnership between Penn State Executive Programs and the Army Logistics Management College. "Penn State's Center for Supply Chain Research offers certificates in supply chain management and supply chain leadership in conjunction with Penn State Executive Programs. The center was founded in 1989 and has become one of the Nation's leading institutes for supply chain management research and education." (ALMC And Penn State Join To Offer Supply Chain Management Training).

Newhouse News Service, 03/01/2006—Fariborz Ghadar, director of the Center for Global Business Studies, comments on the relationship between the United States and the United Arab Emirates. "They buy $6 billion more from us than we buy from them," Ghadar says. "They are by far one of the most liberal countries in the region, they are a big logistical center and they want to be a major financial center." (Middle East Is Big Investor In U.S. Companies). This article also appeared in The Star-Ledger and AccountingWeb.com.

HR Magazine, March 2006—David Harrison, distinguished professor of management, comments on repatriate workers. "In the last 20 years, we've gotten savvier about preparing families for overseas assignments. But, not [many] firms do repatriation well," says Harrison. (Retaining Repatriates).

EDTECH Magazine, February/March 2006—Article on college trading rooms heavily features Smeal's Trading Room and includes quotes from David Haushalter, clinical assistant professor of finance, and Gary Field, trading room manager. "To simulate a real trading room, three plasma screens were installed for students to watch CNBC. Eight wall clocks depict current times from Beijing to Johannesburg. And each PC has two monitors—one for conducting research, the other for taking notes." (Trading Places).

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