Cite how a currency crisis within world financial markets in the past 10 years affected Delta’s...

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Cite how a currency crisis within world financial markets in the past 10 years affected Delta’s global operations. Recommend some measures that Delta might employ to prevent this from happening again in the future.

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Currency Crisis Scenario: U.S.-based Delta Industries, Inc. manufactures steel axles for all types of vehicles in its plants in Brazil, Mexico, Malaysia, Thailand, and Korea. To run these plants, the company sources labor and raw material locally from these countries. Your Task: Cite how a currency crisis within world financial markets in the past 10 years affected Delta’s global operations. Recommend some measures that Delta might employ to prevent this from happening again in the future. Create an executive summary for Delta’s Board of Directors, analyzing how the currency crisis threatens the firm’s global operations and measures to prevent this. Grading CriteriaMaximum PointsCited a currency crisis in the past 10 years and how it affected Delta’s operations.15Recommended prevention measures for Delta going forward.15Presented a structured document free of spelling and grammatical errors.5Properly cited sources using APA format. 5Total40

Currency Crisis Scenario: U.S.-based Delta Industries, Inc. manufactures steel axles for all types of vehicles in its plants in Brazil, Mexico, Malaysia, Thailand, and Korea. To run these plants, the company sources labor and raw material locally from these countries. Your Task: Cite how a currency crisis within world financial markets in the past 10 years affected Delta’s global operations. Recommend some measures that Delta might employ to prevent this from happening again in the future. Create an executive summary for Delta’s Board of Directors, analyzing how the currency crisis threatens the firm’s global operations and measures to prevent this. Grading Criteria Maximum Points Cited a currency crisis in the past 10 years and how it affected Delta’s operations. 15 Recommended prevention measures for Delta going forward. 15 Presented a structured document free of spelling and grammatical errors. 5 Properly cited sources using APA format. 5 Total 40

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David · Accepted Answer

Delta’s Currency Crisis 
As a CEO, one should take a number of cost cutting measures to bring the company out of the 
deep financial crisis. One should take a lot of cost cutting measures including cost cutting 
measures, restructuring of company’s long term debt, aircraft maintenance, and ramp handling 
operations. One should also negotiate with APLA, the Delta pilots’ union in order to get deep 
concession and help the company to get out of bankruptcy. One should also build trust and 
confidence among the hierarchy of employees of the Delta Inc, most of whom had differences in 
opinions with the previous management employees. One should promise honest communication 
and grant himself an annual salary of no more than 450,000 USD with no grants and options. 
This figure is well below the multimillion dollar salary drawn by Mr. Mullin and his executives, 
at the time when the company was running into losses of billions of dollars. One should be build 
an atmosphere of trust and care and ensure proper communication till down to earth. This would 
help build a family kind of atmosphere within the organization. 
One should be able to attract highly talented executives to run the organization. These executives 
can play a vital role in resurrecting weak sections of the organizations.

Cite how a currency crisis within world financial markets in thepast 10 years affected Delta’s global operations. Recommend some measures thatDelta might employ to prevent this from happening again...

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