Women-And Minority-Owned Businesses Adapt to New Economy

Women-And Minority-Owned Businesses Adapt to New Economy

“Women-and Minority-Owned Businesses Adapt to New Economy”

“Women-and Minority-Owned Businesses Adapt to New Economy” written by Yvette Armendariz was an article that I found in the archives of the Arizona Republic (October 6, 2002) via the internet. This article dealt with the readings from class over the past couple of weeks, especially dealing with women and Global Economy. As the title reads, women-owned businesses are adapting to the new economy, the economy after the New York September 11th attacks. This article is a year old, but I thought that it still had merit and was worth writing about.

In this article there are 4 companies mentioned. Two are owned by Caucasian women and the other two, by men of ethic backgrounds. The companies owned by the women, Anderson Security and Terri’s Consign and Design Furnishings are highly profitable yielding millions of dollars a year, 10 million, and 36 million respectably (in 2002).

Anderson Security is a security and insurance corporation created and