Fiat money

Schlichter’s article is based around the use of fiat money and obvious complications it has made for the economic world we live in today. Through the use of fiat money we have the ability to control much that was uncontrollable in the past and there have been many positive outcomes to date. Although he doesn’t propose switching our system to gold or any other object which might be of better value, he does insist that there is going to be a flaw when we might least expect it. The issue of our past recession in the United States is part of his discussion as he states, “The recessions fought with easy money today are the inevitable result of the easy money of the past. Lowering interest rates and extending credit on the basis of new money may…

After going through the reading this week, I have one specific recommendation that I would give Marchionne in his endeavor with Chrysler. It would be in Marchionne’s best interest to incorporate the clan culture to gain the best cultural change. I have learned that employees can tend to feel more a part of the organization when clan culture is being used. Clan culture can give the feeling of satisfaction and encourage commitment from the workers. This would cause Chrysler to become profitable…

In this case, I think Kerrie does a great job of getting her team involved. The first thing that she does is call them all into a meeting. She explains what the meeting is being called for and what the company expected to take place to meet the objective. She seeks the opinion of her senior management team on the best possible way to reduce the expenses. She ask for their buy in by assigning them tasks on ways the company would save money if they downsized the account managers and outsourced…

Complete Name: Unit 4 Student Name: Carroll, Nicholas ********************************************************************************************************** 1. Describe Mendel's P, F1, and F2 generations in his experiments with pea plants. Student Answer: Mendel's F1 generation, also known as the first filial generation is the parent of the offspring generation which is the F2 generation(Daempfle,2016). The P generation is the also known as the parent generation. The parent…

Sergio Marchionne had a tall order when he came onboard at Chrysler. Obviously his methods have been successful when I review the recent financial records of the company (FCA Group, 2015). His merger with the Fiat group has strengthened his sustainability and revitalizes his brand (Ebhardt, 2014). However, personally, I tend to be more of a creative type, all about the employees style of manager. I enjoy thinking outside of the box and being innovative in technique as well as process. Mostly, I…

Sergio Marchionne did a wonderful job, in my opinion, getting Chrysler back to a respectable station. Mr. Marchionne created a functional market culture that created the Fiat Chrysler Automobile company we have today. He created strategies that focused the strengths of the company to become efficient during a terrible time of Chryslers’ history. Having said that, I see Mr. Marchionnes’ lack of focus on clan culture is disappointing. This case study was an interesting read that has to be…

have a few similarities. Some of the similarities will be something like the hybrid. Most car companies at least produce a hybrid type vehicle. Another similarity would be the car line up, for example, truck, pickup, sedan, crossover, etc. The only difference would be in the engine specs. For example, Nissan is known to be high efficiency in gas but low on horsepower. On the other side, General Motors has both the horsepower and gas efficient. In the beginning, General Motors focused on…

SHORT TITLE ALL CAPS 2 Complete Name: Complete Unit #1 Student Name: Mansaw, Brittani ********************************************************************************************************** 1. John Mackey, Cofounder and Co-CEO of Whole Market, Believes in `Conscious Capitalism` (pp. 29 & 30) ********************************************************************************************************** 2. What role, if any, does McGregor's Theory Y play at Whole Foods? Explain. Student…

Firstly, there was a strategic dimension involved. Executives at Tata acknowledged the fact that the acquisition would enable Tata to overcome high entry barriers in foreign markets allowing them to make a mark in the international arena. This was of significance since Tata Motor’s foothold was strong only in India and the deal would bring them up to a different level with respect to becoming a global passenger car company. Secondly, the deal would give them access to better technology and a…

until Fiat launched their campaign to join the movement and try to persuade those to not drink and drive, using a creative way to share their message. Within these advertisements, Fiat tries to evoke…