Aviation Assignment on What Does the Term Credit Based Economy Mean

Anwer the following questions:
2-A)
The aviation industry as it is today is driven by a credit-based economy. What does the term credit based economy mean? Also, what are some methods that can be utilized by the manager of a FBO improve the cash position of the organization?
2-B)
FBO employees could be considered to be employed at the "bottom of the aviation ladder". The single greatest issue regarding FBO employment is that employees settle on low and erratic pay patterns until the need for financial stability sets in and takes them to other areas of aviation. This issue causes a high turnover rate of employees at FBOs. As the manager of a FBO, what actions would you take to minimize this turnover rate and keep the more experienced employees within your organization from running off and finding a "better" job?
2-C)
Modern theories of management suggest that a company is best managed through decentralization and decision-making through consensus. These two managerial practices involve the employees in managerial decision making, with the belief behind them being, "Decisions should be made by the people putting them into effect". How would you, as the manager of a FBO, feel about such a practice at your FBO? Also, would you select to use such practices or would you opt to keep managerial decision making to yourself?

Anwer the following questions:
2-A)
The aviation industry as it is today is driven by a credit based economy. What does the term credit based economy mean? Also, what are some methods that can be utilized by the manager of a FBO improve the cash position of the organization?
2-B)
FBO employees could be considered to be employed at the "bottom of the aviation ladder". The single greatest issue regarding FBO employment is that employees settle on low and erratic pay patterns until the need for financial stability sets in and takes them to other areas of aviation. This issue causes a high turnover rate of employees at FBOs. As the manager of a FBO, what actions would you take to minimize this turnover rate and keep the more experienced employees within your organization from running off and finding a "better" job?
2-C)
Modern theories of management suggest that a company is best managed through the decentralization and decision making through consensus. These two managerial practices involve the employees in managerial decision making, with the belief behind them being, "Decisions should be made by the people putting them into effect". How would you, as the manager of a FBO, feel about such a practice at your FBO? Also, would you select to use such practices or would you opt to keep managerial decision making to yourself?