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Business Commons

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Business Administration, Management, and Operations

Marshall University

Management Faculty Research

2013

Articles 1 - 2 of 2

Full-Text Articles in Business

Challenges And Opportunities In Business Higher Education, Dale H. Shao, Lawrence Shao, Ralph E. Mckinney Jan 2013

Challenges And Opportunities In Business Higher Education, Dale H. Shao, Lawrence Shao, Ralph E. Mckinney

Management Faculty Research

The catchphrase “Today’s Challenges Lead to Tomorrow’s Opportunities” succinctly describes the environment currently relevant to the area of business higher education. The future of business higher education in the 21st Century will involve dramatic changes that will lead to a vastly different business education environment than we have today. By recognizing opportunities and preparing strategies to embrace these changes, business schools will be better able to prepare for what lies ahead. There will be new opportunities to try strategic initiatives that could not have been previously attempted. Business schools must look for new alternatives and utilize a proactive approach for …


The Reality Of Digital Currency As A Financial Medium Of Exchange, Dale H. Shao, Lawrence Shao, Ralph E. Mckinney, Duane C. Rosenlieb Jan 2013

The Reality Of Digital Currency As A Financial Medium Of Exchange, Dale H. Shao, Lawrence Shao, Ralph E. Mckinney, Duane C. Rosenlieb

Management Faculty Research

This paper presents a discussion of the requirements for the long term acceptance of digital currency as a financial medium of exchange through the examination of fundamental criteria associated with common tender and the examination of selected digital currencies. According to the U.S. Treasury, digital currencies are subject to regulation if that digital currency has a substitutive purpose for facilitating exchanging goods and services (Financial Crimes Enforcement Network, 2013). Although governments can place stipulations on currencies, users of common tender, such as digital currencies, expect at least three basic privileges for a digital currency to evolve from conception to realization. …