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Germane current literature

Discuss your selected Key ‘Inflation’ term. You should explain why you are interested in the term, an explanation of the term, a summary of the germane current literature, and specifically how this relates to Financial Markets, Monetary Systems, and Regional Economic Integration.

The student will complete 4 Discussions in this course.

As you read the chapters assigned to each week, you will find some concepts more interesting and applicable to your personal or work situation than others. Review the key terms listed in the assigned chapters; then, choose a key term that you wish to write on for your thread.

Include the exact key term you selected in your thread’s subject line.

Thread (600 words minimum)

After you have successfully chosen the key term that interests you the most, research a minimum of 5 recent international business/management articles that relate to the concept on which you wish to focus your research. Articles must be found in reputable professional and/or scholarly journals and/or business/trade journals that deal with the content of the course (i.e., not blogs, Wikipedia, newspapers, etc.). After reading the articles, select the 1 article that you wish to discuss.

It is highly recommended that you use Liberty University’s Jerry Falwell Library online resources. A link is provided in the Discussion Assignment Resources. A librarian is available to assist you in all matters pertaining to conducting your research, including what constitutes a scholarly article.

Your thread must be placed in the Discussion textbox and adhere precisely to the following headings and format:

Sample Solution

Teamwork plays an essential role within both Fiedler’s Contingency Theory and Chelladurai’s Multi-dimensional model particularly regarding leader-member relations, if the group are familiar and trusting of the leader policy implementation becomes much simpler. Similarly to leadership, understanding and adapting to the situation is key to a leader being able to implement policies that ensure a group work as a team. Teamwork is a product of good leadership, and is again the responsibility of the leader to ensure the group are working successfully together. Highly functioning teams are essential within organisations to increase productivity and member satisfaction, by utilising the talents of all group members effectively within the constraints of the task, personal relationships and the group goals (Pettinger, 2007). Figure 2: Tuckman’s Model of Group Development (Agile Scrum Guide, 2019) Tuckman in his Model of Group Development provides easily identifiable stages that a groups performance can be measured against, making it useful for monitoring performance, Figure 2 shows Tuckman’s model. Ranking group performance against this scale can provide leaders with a clear understanding of how the group are functioning, allowing them to implement policies to change this if performance is unsatisfactory (Pettinger, 2007). Within organisations, the theory can be loosely applied to creating teams by grouping familiar individuals with the aim that they will reach the norming and performing stage of the model quicker. For short and simple tasks this is an extremely effective way of organising groups, due to the increased short term productivity. However there are significant issues with grouping individuals in this manner, particularly when tasks become more complex, and ultimately the model should mainly be used for monitoring the
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