Cash Connection Essay - 1718 Words

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.). Page, C-114. Which of the five generic strategies discussed in Chapter 5 most closely fits the competitive approach that Cash Connections is taking? * I choose a broad differentiation strategy as a best fit. Allen Franks seeks to produce†¦show more content†¦Can all be taken into account when consumers are choosing or switching providers. The threat of Substitutes-HIGH-Competitors with substitute products including banks with products/services like overdraft, Credit Card companies/banks with credit card offerings, employers who offer pay advances, and even Banks like Wells Fargo who are starting to offer payday loan style products called checking advance products. I think that consumers will readily (gladly) accept these substitutes whenever possible. Advances from one’s employer are the best option but is not readily available to everyone. Overdraft is similar in pricing and many credit cards are as well. Overdraft is easily converted to cash when credit cards are harder to acquire cash from. Credit cards along with loans, lines of credit, home power lines of credit and mortgage refinancing are each increasingly lower in costs but are not as readily available as payday loans which is one of the reasons why there is a $40 billion dollar market. Plus, most substitutes are attainable with good credit while most payday loan companies do not require a substantial amount of information to obtain a cash loan from them. This with the extremely fast turnaround of one to, at maximum, a few hours until you receive cash in hand is another main reason the industry is so large. The text book discusses, in a 2004 survey by Cypress Research Group, 84% of customers who use payday loanShow MoreRelatedCash Connection2210 Words   |  9 PagesCash Connection 1. What are the dominant economic characteristics affecting the payday lending industry? The industry for short-term cash loans (payday loans) grew in the early 1990’s because of the shift in financial services marketplace. The cost structure of the market rose due to bounced checks, overdraft protection fees, and late bill payments penalties. Second the trend of regulation of payday advance service that allowed protection for consumers. To avoid such cost, payday loans wereRead MoreCash Connection: Are Its Payday Lender Strategy and Its Business Model Ethical1064 Words   |  5 Pagesare likely to be protracted and at times acrimonious. Case Study 13.2 Reporting season’s moment of truth 1. If cash is the best measure of success, why have the accounting profession and regulators persevered with analysing debt-to-equity ratios? There is far less discretion as to the timing of disclosures under the cash flow model. Adoption of cash flow can distort earnings and reduce the capacity of management to smooth income. Arguably however, accrual accounting may allowRead MoreCash Connection - Ethically Sound2719 Words   |  11 PagesCash Connection Strategic Analysis Case Study October 24, 2011 Table of Contents Cash Connection Strategic Analysis Case Study 3 Cash Connection’s Business Strategy 3 Cash Connection SWOT Analysis 4 Ethical or Unethical Industry 5 Cash Connection’s Porter Fives Assessment 7 Cash Connection Lending Key Success Factors 9 Economic Characteristics and Driving Forces 10 Industry Financials 12 Recommendations 13 Reference 14 Table of Figures Figure 1: Cash Connection - SWOT analysis Read MoreDelta Air Lines, Inc.1408 Words   |  6 PagesSteady and consistent growth Strengths Delta is one of the largest airlines in the world, being named in the first 50 of the fortune 500 as of 2014. The company has a diversified geographical presence, as of February 2014, the company and the Delta Connection carriers offer transportation service to 322 destinations in approximately 59 countries in six continents. Therefore, a strong market position and wide global presence helps Delta expand its service offerings in new markets and enhance its marketRead MoreCase Study: Independence Air2472 Words   |  10 PagesAIRLINE CASE STUDY | | Alois Nyandoro | 3/14/2013 | Dr. Bruce Ellis | A brief history Independence Air started as Atlantic Coast Airline (ACA) on 15 December 1989. It operated as a feeder service as United Express for United Airlines and Delta Connection for Delta Airlines. United withdrew from the contract after ACA labor and management objected to a request for concessions for a lower fee-for-departure agreement. Consequently, ACA reinvented itself as a low cost carrier known as Independence AirRead MoreW1 Active Adj14109 Words   |  57 PagesW2 condition n S2, W1 conduct n W3 conduct v W2 conference n S2, W1 confidence n S2, W2 confident adj S3, W3 confine v W3 confirm v S2, W2 conflict n S3, W2 confused adj S3 confusing adj S3 confusion n S3, W3 congratulation n S3 connect v S2, W2 connection n S3, W2 conscious adj S2, W3 consciousness n W3 consent n W3 consequence n S3, W2 consider v S1, W1 considerable adj S3, W1 considerably adv S3 consideration n S2, W2 consist v W3 consistent adj S3, W3 constant adj S3, W3 constantly adv S3, W3Read MoreEssay On Rural India8 18 Words   |  4 Pagescore internet subscribers till September, 2016, 24.7 core of the connections are concentrated only in cities. Urban India is way ahead with 61.9 internet subscriptions per 100 people while rural India is struggling with 13.7 subscriptions per 100 people. Digital disparity is so high that Delhi alone has 2.2 core internet connections while the entire North-East lags behind with just 4.3 lakh connection. Half of the 3 core connections in Maharashtra are concentrated in Mumbai. It is to be noted thatRead MoreCase Analysis of Whole Foods Decides to Open in Detroit1092 Words   |  5 PagesPeople - We recruit the best people we can to become part of our team. We empower them to make their own decisions, creating a respectful workplace where people are treated fairly and are highly motivated to succeed. Whole Planet - We recognize the connection between our lives, our communities and the environment.ï ¼Ë†Barbaraï ¼â€° The mission statement shows their deepest purpose as an organization is helping support health, keep member happiness and excellence, create wealth through profits and growth andRead MoreReview the Annual Reports for Pepsico, Inc. and the Coca-Cola Company in Appendixes a B of Financial Accounting. Select Either Pepsico, Inc. or the Coca-Cola Company. in Your Estimation, the Company You Chose May Be Financially Healthier or Weaker.23052 Words   |  93 Pagesand Cash Chapter STUDY OBJECTIVES After studying this chapter, you should be able to: 1 Define internal control. 2 Identify the principles of internal control. 3 Explain the applications of internal control principles to cash receipts. 4 Explain the applications of internal control principles to cash disbursements. 5 Describe the operation of a petty cash fund. 6 Indicate the control features of a bank account. 7 Prepare a bank reconciliation. 8 Explain the reporting of The Navigator cash. Read Moreswot analysis of french connection1637 Words   |  7 PagesFrench Connection Group plc Fundamental Company Report Including Financial, SWOT, Competitors and Industry Analysis Phone: +44 20 8123 2220 Fax: +44 207 900 3970 office@marketpublishers.com http://marketpublishers.com Phone: +44 20 8123 2220 http://marketpublishers.com French Connection Group plc Fundamental Company Report Including Financial, SWOT, Competitors and Industry Analysis Date: Pages: Price: ID: January 1, 2014 79 US$ 499.00 F05339C0744EN French Connection

The Black Death Responses of Christians vs Islams - Free Essay Example

Sample details Pages: 2 Words: 644 Downloads: 7 Date added: 2019/06/17 Category History Essay Level High school Tags: Black Death Essay Christianity Essay Islam Essay Did you like this example? The Black Death began in the 1340’s, in which it began to spread from China and moved west. The Black Death contained three different bacterial strains; bubonic, pneumonic, and septicemic (Background Essay). While it continued to spread, it ended up reaching to where Christians and Islams were located. Don’t waste time! Our writers will create an original "The Black Death Responses of Christians vs Islams" essay for you Create order While this is happening, it’s noticeable that the two religions had more different reactions than similar reactions. Different responses to The Black Death was whether this was a negative or positive. Most of the Christians believed that this was a punishment for their sins, while islams believed that it was a blessing. Another difference was who was to blame. The Christians would blame the Jews for their sins and thought they were behind this as well. On the contrary, Islamic people didn’t have anyone to blame, and were in peace with the Jews. While the two have differences, they also share a similarity, that this was an act of God. The idea of one being a punishment and one being a blessing are extremely distinct. Christians described The Black Death in a very torturing and frightening tone, describing it as â€Å"the end of the world† (Doc 1). They also described it as a â€Å"reward† for their sins, meaning they viewed The Black Death as something they deserved for sinning or that there’s been an excess amount of sinning going on throughout time (Doc 4). However, the Islams took in the Black Death as a gift from God. They went through The Black Death and accepted it, taking it in as a blessing (Doc 4). Islamic people found disgust in those who prayed in hopes of The Black Death to end, as they must accept this. These two ideas are prominently different, their ideas happen to be on the exact opposite side of the spectrum. With this belief in mind, it also allows their future actions to more different, rather than similar. As time passes, you’ll note that the Christians have not taken The Black Death in very well. They go through frustration and lose hope of their religion. They began to turn against their religion and rulers. They would commit more vices. (Doc 6). While, as we got through the different Documents, we see that the Islamic people don’t have this reaction since they see it as a gift given to them by God. Christianity becomes more dysfunctional, leading to evil in their communities. In contrast, Islams continue to have hope in their religion and continue to follow the rules. Despite their different reactions to The Black Death, they happened to share a similarity. That is the idea that God has sent them this act of death. The Christians believe that it’s their Almighty inflicting The Black death (Doc 4). And so do Islams, saying The Black Death was given to them by God as a gift (Doc 4). While the reason behind their belief is different, the origin of who is causing this remains the same. Another difference the two seemed to have had was the conflict of who was to blame. The Christians were blaming the Jews, for bringing in their sins and for cursing the wells (Doc 7). The purpose of Document 7 is to â€Å"inform† the jews or to put someone to blame since have no actual scientific reason on why this happened. They also state that the Jews have provided this Black Death with their crimes. (Doc 8). Despite the Christians blaming The Black Death on the Jews, the Islam people did not. Instead, they had fasted and continued to pray with the Jews (Doc 9). Islamic people found no correlation in The Black Death and other religions so they had not blamed any of the coexisting religions, but instead tolerated them (Doc 10). In conclusion, when The Black Death was occuring, the two different religions had more diverse beliefs and responses to it than similarities.

Math Lab Evaluation Paper Free Essays

The Math lab evaluation Have you ever been to a place that is depressing, gloomy, and absolutely apathetic? If not then by all means make a point to go by and visit the math lab. As a student of the University of South Alabama I have been asked to evaluate the math lab by my supervisor. My supervisor had received various complaints by students, for that reason I have been asked to observe the math lab record what I saw and write down any suggestions for change. We will write a custom essay sample on Math Lab Evaluation Paper or any similar topic only for you Order Now During this evaluation I will discuss the pros and cons of the environment in the math lab. This evaluation will serve a purpose for both present and future math students. As you enter the fifteen hundred square foot room the first thing you will see is approximately fifty computers on your right against the wall and in the center of the room there are ten round tables with six computers on each one, some of which are designated for testing only as for the others they are used for classes. There are a total of one hundred and fifty computers. The room has several spaces separated by temporary partition walls that do very little to block sounds and serve very little purpose. There are student workers walking around that tutor the students as needed. There are also many students throughout the room at their individual computer station. At the time of my observation there were no classes in progress and all the professors were in their office, which are located at the far end of the lab. The math labs hours of operation are Monday through Thursday from nine am to nine pm and nine am to five pm on Friday they are closed on Saturday but open again on Sunday from three pm to nine pm. Although there is not a class in session you will still see students working to fulfill their required minutes in the math lab that has been assigned every week by their professor. Tutors and instructors are available during all operating hours to assist students. Students appear to be unable to focus due to various distractions like the constant noise of some of the math tutors joking with one another and the lights flickering throughout the room is also very distracting. The computers are located only a foot or so apart so if anyone were to sit next to you and make any type of movement like simply erase something or write, shakes the whole table. The sound of students that are coming and going throughout my observation because it is a work at your pace type of curriculum. The temperature in the lab was sixty five degrees which for a cold nature person would be uncomfortable making it difficult to study comfortably for a long period of time. Some of the rules that are enforced within the math lab are as follows no cell phones, no eating, no drinking, and no music. I would make the following changes in the math lab to make it a more productive and studious environment. Starting with the noise level of the room I would make the tutors aware of the complaints because of their actions and the effect on students they have caused. Secondly I would space the computers further apart that are against the walls. I would also add individual partition walls between each computer therefor blocking routine noises made by working students. This also provides privacy when trying to concentrate and study making the students more comfortable and able to work quietly. I would raise the temperature in the room to seventy two degrees which is an ideal temperature. Although rules are very necessary It is a fact that music can help students retain and comprehend knowledge for that reason I would change the rule and allow students to listen to music but only with individual ear buds. The suggestions were implemented and students agreed that the privacy of the individual spaces made it a much more enjoyable learning environment; they were able to get more accomplished in a shorter amount of time. The tutors were more respectful and worked hard to be very helpful to the best of their ability. Allowing the students to listen to music helped them to focus and not to feel so stressed when working. The temperature was set at seventy two degrees. Students and faculty both agree that it was an ideal temperature. The lights were fixed and no longer flicker furthermore they do not cause any more distractions. The room is no longer a gloomy dreadful place nor is it apathetic but now the atmosphere is enjoyable. Students no longer dread going to the math lab and their grade averages have continued to go up. So overall I would have given it a C minus before any changes were implemented but after I would give it an A after seeing the positive results. How to cite Math Lab Evaluation Paper, Papers