choose an article featured on the website (Wall Street Journal, Businessweek, Fo

Question

choose an article featured on the website (Wall Street Journal, Businessweek, Fortune or Reuters Business News Headlines) that relates to two of the key concepts listed here:

1) Free trade, 2) Management, 3) Exchange rate, 4) Planning, 5) Organization culture

Then explain in 5-7 sentences why the article you have selected relates to the concepts you chose. At the end of the post, include the link to the online article referenced in your post.

Feel free to choose any article from the above website

Explanation / Answer

Answer:

The article featured on the website of Businessweek about Cryptocurrency "Ripple" is choosen for discussion. The said article have relation the below concepts.

The Explanation follows:

The article is about the Company called "Ripple" and its cryptocurriency which is being the nucleous called "XRP". Let us first discuss about the management, the vision of management is to make XRP a legal this for completing cross border transcation. Since they want to tie up with the banks, the management consist of several top offical from the different top banks in the world as its board members. On observing that banks are not interested in XRP it shifts it focus to "Ripplenet" where it gets into competition with "Swift".

Exchange Rate: The main reason why banks are not interested in XRP is its exchange rate. The fluctuation of exchange rate with the time duration is the primary reason. The detailed explanation of exchange rate of Ripple is given the article.

The link to the referred article is : https://www.bloomberg.com/news/articles/2018-01-25/ripple-wants-xrp-to-be-bitcoin-for-banks-if-only-the-banks-wanted-it

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