Cash Connection Payday Loans Strategy‚ Ethics and Forces 1. What is Cash Connections strategy? * Differentiate itself from competitors to gain the largest piece of the $40 billion dollars of paid lending that the United States industry has to offer‚ while adhering to government restrictions and meeting customer’s needs. Reference: Thompson‚ Peteraf‚ Gamble‚ and Strickland. P. (2010). Crafting and Executing Strategy: The Quest For Competitive Advantage Concepts and Cases (18th ed
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1.1 Evaluate impact of the organization’s culture and values on leadership. Organization’s culture and values All companies have a culture. In order for employees to function and succeed‚ it is essential they understand and believe in the culture. Organization’s culture can be defined as “A pattern of basic assumptions that the group has invented‚ discovered‚ or developed in learning to cope with its problems of external adaptation and internal integration” more precisely it can be said that organization’s
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Pervasive Issues “How will ethical issues affect leadership in a business?” Word Count: 5671 In this essay I am going to discuss how ethical issues can affect leadership in a business. In order to answer this question the essay will start by giving a brief introduction into the two topics; leadership and business ethics. I will then aim to successfully link them by considering the argument of whether leaders should concern themselves with ethical issues or whether making as much money as possible
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However‚ some disagree as they belief religion still has importance to many and it is needed for society to function properly. Post-modernists argue that religion doesn’t act as a shared universe of meaning anymore‚ this is a result of globalisation. This is supported by lyotards argument that there has been a collapse of the meta-narrative (religion) that falsely claims to offer the truth and how the world works as a means of progress to a better society. He believes that no one has special access
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Abstract Leadership is present in our everyday lives and involves influence on a group of individuals to achieve a common goal (Northouse‚ 2010). It is a part of everyone and varies from individuals leading their families or leading an organization. Johnson (2012) uses the metaphor of light and shadow to dramatize the differences between moral and immoral leaders. There are toxic leaders that I have unfortunately been around and those experiences have led me to base my leadership style on morals
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Reflection Paper #1‚ “The Three Ethical or Systems of Morality” We have discussed three major ethical or systems of morality; Ethical Egoism‚ utilitarianism‚ and Kantianism. The three systems go to different degrees in respect to the two ethical principles of autonomy and beneficence. Although quite different from each other in many ways some of them do share some common principles between them. In this paper I will discuss the similarities and differences of the three systems. We also watched the video
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Running Head: VALUES AND ETHICAL DECISION MAKING � PAGE * MERGEFORMAT �1� Running head: SELECTING THE RIGHT COMMUNICATION CHANNEL � PAGE * MERGEFORMAT �3� Values and Ethical Decision Making MGT 521 December 19‚ 2011 � Values and Ethical Decision Making Values differ greatly across generations‚ cultures‚ genders‚ personalities‚ and many other factors (Robbins and Judge‚ 2010). Yet‚ Robbins and Judge stated‚ a person ’s "[v]alues represent basic convictions that "a specific mode of conduct or
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Case Study 2: Cash Connection: Are Its Payday Lender Strategy And Its Business Model Ethical? The Situation: Allen Franks‚ President of Cash Connections‚ a short-term cash lending firm realized that the most profitable endeavor in the check-cashing store industry is to set up stores in towns where no check-cash stores exist. Setting up Cash Connections in these places‚ his business became one of the leading companies in his industry
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QUESTIONS TO ASK BEFORE YOU BELIEVE A POLL Opinion polls and other sample surveys can produce accurate and useful information if the pollster uses good statistical techniques and also works hard at preparing a sampling frame‚ wording questions‚ and reducing nonresponse. Many surveys‚ however‚ especially those designed to influence public opinion rather than just record it‚ do not produce accurate or useful information. Here are some questions to ask before you pay much attention to poll results
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1.) Do you believe achieving absolute consensus is possible‚ or do most group processes result in achieving only modified consensus in which one or more members are not in complete agreement regarding the decision ultimately reached? Discuss. I believe that it is possible to achieve absolute consensus. But it may be better off to not have all parties agreeing. To achieve absolute consensus will take time but insisting on it may prove to be counterproductive when there is a need for a quick decision
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