Leadership and Decision Makin Case Study

Open, View, and/or
Download this Document

Total Length: 955 words ( 3 double-spaced pages)

Total Sources: 2

Page 1 of 3

Leadership in Criminal Justice

Key issue

The key issue in this case study is loss of revenue by the Rapid Cash Store which can lead to the company going out of business.

Root causes

There are several causes for the loss of revenue within the company which include; criticism by people towards the company about their high rates of interest alongside claims that company exploits the poor. Another reason is that new retailers like the Cash Centers at Wal-Mart cash stores which charge lower fees entering into the business.

Possible Solutions

A solution to this problem is trying to come up with new avenues for getting resources for the company through expansion of their brand and items. Another solution would be a reduction of charges on borrowers to retain them and not loose them to the new comers in the business. They can also take advantage of their high standing in the market as compared to the new entrants to subsidize some of the goods on their shelves with the aim of retaining their brand community.

Advantages and disadvantages

An advantage to this solution is that the company can get access to more revenue that they can use to lend out to borrowers at lower rates. A disadvantage of this solution is that yes the organization can get access to revenue but borrowers would not be willing to borrow money from them so the company will have the revenue but no one to lend to since they would have all run to the cheaper option at hand .

Final recommendation

I recommend that the company ensures that they set low rates of interest once they get new sources of revenues so that they can attract more customers to the business hence not loose them to the new entrants.

Stuck Writing Your "Leadership and Decision Makin" Case Study?

View All Our Example Leadership and Decision Makin Case Study

Have A Custom Example Essay Written



Question 1

Sam as the CEO has a great individual responsibility of furnishing creative ideas for generating new businesses for the Rapid Cash store. This is because he is the CEO and he should be always at speed when it comes to new ideas for the business. He is the one who can provide a way forward for any new business that rapid cash store is going to venture into.as a CEO other members of the team look up to him for any new and prospectus idea. They expect him to have the answer to everything concerning any issue that the business faces. This is however not the case all the time since there are instances that even the CEO goes blank on ideas. Therefore it is worth to note that as the CEO should not be left with the duty of furnishing creative ideas for the business. This responsibility should only be to a certain extent and the other part left to other members of the team. This is because other team members are also capable of coming….....

Show More ⇣

     Open the full completed essay and source list


OR

     Order a one-of-a-kind custom essay on this topic


sample essay writing service

Cite This Resource:

Latest APA Format (6th edition)

Copy Reference
"Leadership And Decision Makin" (2014, March 29) Retrieved June 30, 2025, from
https://www.aceyourpaper.com/essays/leadership-decision-makin-186247

Latest MLA Format (8th edition)

Copy Reference
"Leadership And Decision Makin" 29 March 2014. Web.30 June. 2025. <
https://www.aceyourpaper.com/essays/leadership-decision-makin-186247>

Latest Chicago Format (16th edition)

Copy Reference
"Leadership And Decision Makin", 29 March 2014, Accessed.30 June. 2025,
https://www.aceyourpaper.com/essays/leadership-decision-makin-186247
   

Open, View, and/or
Download this Document
order custom essay example