CHAPTER 13

Applying Communities of Practice

I promised to provide a functional view of the financial services industry, an understanding of the standards and tools in place today, and the importance of understanding applied linguistics in viewing the issues the industry faces. I hope at this point, these basic pillars have built a foundation for you to examine and analyze the deeper challenges presented by language and language change within Communities of Practice.

To that end, a high level model of the financial industry, through the lens of CoPs was presented, supported by some of the basic principles of linguistics—through Hockett’s Design Features, influenced by Saussure, as well as social theory, such as Luhmann’s social systems, to the ...

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