Saturday, March 19, 2016

Week 10 Reading Reflection

1. Holy - freaking - cow. This was, by far, the most difficult chapter I ever read for this class. Some parts flew over my head because of the level of reading required to read and digest. A part that surprised me was the section called "When Currency Loses Its Global Value". It surprised me that losing value in currency can actually, for the short term, be a good thing, because tourists are more likely to come to areas with less value on currency for tourism.

2. Is it wrong for me to say that everything confused me? This chapter was just so complex to read, and there are still some parts that I don't understand.

3. Is there a way that less value on currency can be good for the long run and not just short term? Maybe business owners can have better chances of survival if there are different tactics for taking advantage of this issue. Also, how does a business owner develop the willpower they need to be firm with their customers on payment without becoming cruel? Are there cases where there is no other way? This is because customers prefer to be with a friendly owner than a rude one, and yet it can be difficult being friendly with customers and being firm on doing business too in a number of cases.

4. No, I don't have anything I disagree with on here. I'm still confused over the chapter's contents, so at this point, I can't agree or disagree with the author on the chapter.


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