Please read an article of your choice from the Sports Business Journal and write a 2-3 page paper, double-spaced, times new roman font, size 12. Summarize and reflect on the article. Thoroughly describe the key points and analyze the information being presented. Do you agree or disagree? Please use citations in your paper. All work should be written in your own words. The paper will be graded out of 100 points.*Please attach your paper as a word document or PDF. Other file types will not be acceptedThis is the article NASCAR: A Quick StudyBen Kennedy is on a fast learning curve in the family businessBY ADAM STERN5.3.2021 The France family used to have a rule that once they sat down at the dinner table, it was time to stop talking about business.The rule — designed to create some down time for NASCAR’s ruling family — quickly went out the window after the pandemic hit, according to Ben Kennedy, the scion of the Frances, who have owned NASCAR since its founding in 1948.Kennedy’s great uncle, Jim France, runs NASCAR as chairman and CEO after taking over for Kennedy’s uncle, Brian France, in 2019. His mother, Lesa France Kennedy, is NASCAR’s executive vice chair.NASCARSo it was no surprise that during a recent lunch with his mother, Kennedy talked about scheduling concepts for the 2022 season, laying out analysis on some of the recent moves they had made to be sure she was on board with them.It’s all part of a high-profile, multiyear crash course for Kennedy as he learns the family business ahead of a future where he could be the person who runs it one day. Kennedy’s now in his fifth role since joining the sanctioning body as an executive in 2018. That came after moving on from an initial foray into possibly becoming a full-time driver.At 29, and serving as senior vice president of strategic development, Kennedy is one of the youngest senior vice presidents in the history of NASCAR. He has the eyes of the industry on him and the pressure that goes with it.The pandemic has accelerated his learning curve markedly, as Kennedy was one of the key people in a cross-department group that helped remake NASCAR’s schedule on the fly last year. He is now working on long-term initiatives, including reimagining the future of where the sport will race.“It’s almost like I wear a couple of different hats that I feel like I have to: One is the family side of it and the other is being a good teammate to everyone I’m around because at the end of day, that’s who I want to be,” said Kennedy. “My personal philosophy has been to take the right amount of time to learn everything and earn my stripes as I go through it. Yes, I am a family member and that comes with a great deal of responsibility, but I really want to be a team player to everyone I’m around and earn their respect.”Kennedy is part of NASCAR’s strategy group, which works on big-picture items like the charter system and NASCAR’s key financial initiatives, such as when it explored a sale or when it bought track operator International Speedway Corp. in 2019. He is getting close tutelage from the likes of NASCAR President Steve Phelps and Steve O’Donnell, executive vice president and chief racing development officer. Kennedy is based in Daytona Beach but travels routinely to Charlotte, the other major hub for the sport.The Florida native graduated from the University of Florida in 2014 with a degree in sports management and a minor in business administration. He has raced in NASCAR’s Xfinity Series and Camping World Truck Series, and now owns a grassroots team that competes in the Late Model division, but he lets someone else handle the driving duties so he can concentrate on NASCAR’s business.Inside the halls of NASCAR, Kennedy has quickly won over staff with his high level of engagement and strong work ethic. There has been little that he hasn’t rolled up his sleeves to learn. He attended in-person Team Owner Council meetings before they were suspended by the pandemic, often sitting in the back of the room and listening intently to veterans of the sport. He has been involved in meetings on NASCAR’s plan to introduce a Next Generation car model starting next year.He’s learned various parts of the business in recent years as the family gave him a chance to move up the NASCAR ranks. He has served as general manager of the Camping World Truck Series and been involved in NASCAR’s international expansion efforts.He was promoted to his current role in April. NASCAR has also started to integrate other younger executives in senior leadership positions, such as Daytona president Chip Wile recently being promoted to NASCAR’s chief track properties officer role. Sources regard these moves as signs that it is preparing for a new generation of leadership.These days, NASCAR’s schedule-making takes up a significant amount of Kennedy’s time. Ahead of crucial media rights negotiations that will start in the coming years, the sport is rethinking the approach to its nearly 10-month schedule to attract interest from more TV networks, adding new disciplines such as dirt track racing and more events on road courses.Kennedy said NASCAR has started putting together preliminary drafts of the 2022 schedule. Amid a renaissance for street courses in the U.S., with IndyCar and Formula One adding new events in 2021 and ’22, NASCAR is keen on adding a street race of its own as it works to race closer to urban centers. It’s currently looking at staging a street race in Chicago. Kennedy also sees opportunities to expand NASCAR’s presence in areas such as the Pacific Northwest, where it has no races, as well as the Midwest.As he learns new parts of the business, Kennedy is increasingly taking a more visible role, speaking in public more often than the reclusive Jim France does. For example, Kennedy last month gave the opening remarks at a private industry meeting where people across the sport caught up on topics such as NASCAR’s plan to reopen infield hospitality in May and its work in diversity, equity and inclusion.The 29-year-old Kennedy has taken on a more public role and is part of a group working on long-term initiatives for the sport.GETTY IMAGESChris Blair, executive vice president and general manager of World Wide Technology Raceway in Madison, Ill., said he will routinely trade texts with Kennedy during the NASCAR Camping World Truck Series race that his venue hosts annually. Blair said he’s been impressed with Kennedy’s earnestness and said he is open to new ideas and tries to keep everyone working together. He said Kennedy can look at a situation through multiple lenses given that he’s also a team owner and a former driver.Sources say Kennedy’s role will continue to evolve to give him more responsibilities on the competition and business side, including having him become a key liaison between the sanctioning body and team principals.Every now and then, Kennedy said, he allows himself to think about possibly running NASCAR one day. But he also noted that it’s been perhaps the busiest half year of his life, so he doesn’t think about it too much.Business is constantly on the mind of Kennedy and his family, especially during the challenges of the past year.Kennedy acknowledges the family rule during meals has shifted a bit. When he and his mother are out with friends, they try to be more balanced and talk about various aspects of their lives, but during the private family meals the conversations have focused on business, such as the recent lunch when they discussed the 2022 schedule.For the young Kennedy, it all goes back to learning and absorbing as much as he can on the family business and drawing on his mother’s leadership and management advice from her years in motorsports, which included serving as CEO of ISC.“She has a ton of experience working on the track side of the business over the years, so it’s good to have her as a resource and sounding board when contemplating some of our potential changes,” Kennedy said. “We also spend a good amount of time talking about One Daytona and real estate opportunities. That is a common interest that we have in land development and, in particular, how we can continue to help grow the Daytona area.”Such is life for America’s first family of racing.

Determine and discuss, from a biblical, societal, and individual perspective, the positive and negative aspects of Wal-Mart retailing. As you consider Walmart's approach to wages, benefits or supplier relationships, etc. be sure to integrate a biblical worldview and support your responses with Scripture and your internet research.

Steps to Perform: Step Instructions Points Possible 1 Start Excel. Download and open the file named Exp19_Excel_Ch03_Cap_Gym.xlsx. Grader has automatically added your last name to the beginning of the filename. 0 2 You will create a pie chart to focus on the expenses for the current year. Insert a 2-D pie chart using the ranges A11:A19 and D11:D19 on the Income worksheet. 5 3 Move the chart to a new chart sheet named Expenses. Move it to the right of the Membership sheet. 3 4 The chart needs a descriptive, easy-to-read title. Change the chart title to Expenses for Year 3 and change the font size to 20. 5 5 You want to create a clustered bar chart. Insert a clustered bar chart using the ranges A4:D4 and A11:D19 on the Income worksheet. 5 6 You want to place this chart and other charts on a Summary worksheet to look at trends. Move the chart as an object on the Summary worksheet. Cut the bar chart and paste it in cell I1. 3 7 The chart should have a descriptive title to explain which expenses are excluded. Change the bar chart title to Expenses (Without Payroll and Cost of Sales). 3 8 You want to filter out the Payroll and Cost of Sales to focus on other expenses. The bar chart displays expenses the first expense (Advertising) at the bottom of the category axis. You want to reverse the categories to display in the same sequence as the expenses are listed in the worksheet. Apply a chart filter to remove Payroll and Cost of Sales. Select the category axis and use the Format Axis task pane to display categories in reverse order. Change the Maximum Bound to 25000. 8 9 You decide to format the pie chart with data labels and remove the legend because there are too many categories for the legend to be effective. Display the Expenses sheet and remove the legend. Add Percent and Category Name data labels and choose Outside End position for the labels. Change the data labels font size to 10. 8 10 You want to emphasize the Education & Training slice by exploding it. Explode the Education & Training slice by 12%. 2 11 Add the Light Gradient – Accent 2 fill color to the chart area. 2 12 You create another chart showing the Balance sheet items. You change the chart to a clustered column and switch the row and column data to focus on each balance sheet item. Insert a stacked column chart using the ranges A4:D4, A10:D10, A15:D15, and A16:D16 on the Balance sheet. Change the chart type to Clustered Column and switch the rows and columns in the chart. 10 13 You want to move the column chart to be on the Summary worksheet along with the bar chart. Move the column chart to the Summary worksheet. Cut the chart and paste it in cell A1. 5 14 The column chart needs to have a descriptive title to indicate the data comes from the Balance sheet. Change the title to 3-Year Balance Sheet. 2 15 The last chart will be a line chart to show the trends in Memberships. Insert a line chart using the range I3:L15 on the Membership worksheet. 5 16 You want to move the line chart to be on the same Summary sheet as column and bar charts. Move the line chart to the Summary worksheet. Cut the chart and paste it in cell A17. 4 17 Because the lowest value is between 200 and 300, you will change the vertical axis at 200 instead of 0. Adjust the vertical axis so the Minimum Bound is 200 and display a vertical axis title # of Memberships for the line chart. 5 18 Apply Chart Style 4 and change colors to Monochromatic Palette 8 for the line chart. 4 19 Move the legend to the top of the chart and add the chart title 3-Year Membership Trends. 4 20 It is a best practice to add Alt Text for each chart for accessibility compliance. Display the pie chart and add Alt Text: The pie chart displays percentage of expenses for Year 3.(including the period) 2 21 Display the column chart and add Alt Text: The column chart displays total assets, total liabilities, and retained earnings for three years.(including the period) 2 22 Display the bar chart and add Alt Text: The bar chart displays expenses for three years without payroll or cost of sales.(including the period) 2 23 Display the line chart and add Alt Text:The line chart displays monthly trends in memberships for three years.(including the period) 2 24 You want to add sparklines to the Daily Attendance Trends. You add high points to emphasize which time of day is the most popular for your membership. Select range B16:F16 on the Membership worksheet. Insert Column Sparklines using data from the range B6:F14. Display the high points for the sparklines. 7 25 Insert a footer with Exploring Series on the left, the sheet name code in the center, and the file name code on the right on the Membership, Expenses, and Summary sheets individually. Change to Normal view. 2 26 Save and close Exp19_Excel_Ch03_Cap_Gym.xlsx. Exit Excel. Submit the file as directed. 0 Total Points 100