Porter’s five forces applied to Zipcar
Threat of new entrants:
Potential new entrants include existing car rental firms, companies that currently supply cars to car-sharing businesses (such as Volkswagen), and new start-up car-sharing ventures. As Zipcar is operating in only Boston, there are opportunities for new entrants (with sufficient resources) to establish themselves as dominant car-sharing service providers in other cities. This threat to the profitability of Zipcar’s planned future expansion activities would pressure Zipcar to expand rapidly in order to remain ahead of the competition. A major barrier to entry is Zipcar’s patented technology involving wireless transmission of usage data between the shared cars and a server. New
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Such advertising techniques have generated a lot of publicity for Zipcar, enabling the company to build brand recognition and attract customers without incurring huge marketing costs.
Services are convenient because reserved cars are parked within short walking distance from user locations and public transport stations. In addition, reservations can be made online or over the phone at any time.
Zipcar has invested heavily in developing a patented technology platform that can be used only by the company. Each driver is given a unique Zipcar card that can unlock the car door at the specific time for which the subscriber has booked. The driver need only be concerned with unlocking the car and driving. While the car is in use, usage data is transferred (real-time) wirelessly to Zipcar’s head office. Data is
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recorded and stored to ensure correct billing. The data collection and billing processes are timely, accurate and hassle-free, contributing to the ease and efficiency of Zipcar’s business operations. Furthermore, the reduction in manual recording (and therefore the use of paper) has reinforced Zipcar’s green image.
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Recommendations
The minimum age for Zipcar drivers could be lowered to 18 years old. Zipcar would be able to attract more subscribers and earn more revenue. Provided that the company’s incident record regulations remain in place, most 18 year old drivers would be responsible and reliable. If there is doubt,
Everyone has felt that feeling where they cannot wait to learn how to drive and to get behind the wheel. Little do they know, driving causes a number of deaths every year. Teen drivers are involved in more car-related accidents than any other drivers. The minimum driving age should be raised from 16 to 18 because 16 year olds are more accident prone, 18 year olds are more experienced, and a 16 year old’s brain is not as developed as it is at 18 years old.
Vroom, vroom! The first time behind the wheel alone--exciting, nerve-racking, free. No parents or instructors, just yourself and the car; all decisions are solely made by you. Are you ready, are you... old enough? The discussion of keeping the minimum driving age at 16 or raising it to 21 revolves around generic maturity, but there is more than just that to look at. After reviewing all pros and cons, the minimum age for being allowed to operate motor vehicles should be kept at 16.
The driving age should be lowered to 14 or 15 years old because people should know how to drive a vehicle by then.People need the experience it will improve their driving skills before they get older and it will make it easier for tennagers to get to school and to their job because it will make them understand responsibility.
Mike Sadle is the owner of Mike’s Wrecker Service in Huntsville, Alabama. Mike has been providing tow services in the Huntsville and the surrounding areas for the past 20 plus years. During that span, Mike has experienced firsthand the growth and evolution of the towing industry. The purpose of this project was to help Mike identify an area in his business where a significant contribution could be made to increase the overall success of the company. The goal was to present Mike’s Wrecker Service with a telematics solution that will not only bring added value to the company but also provide a significant competitive advantage.
All of the studies that have been carried out in this field show that younger drivers that are behind the wheel are more likely to be involved in serious accidents - raising the age would make the roads a much safer place for
Mike Sadle is the owner of Mike’s Wrecker Service in Huntsville Alabama. Mike has been providing tow services in the Huntsville and the surrounding areas for the past 20 plus years. During that span, Mike has experienced firsthand the growth and evolution of the towing industry. The purpose of this project was to help Mike identify an area in his business where a significant contribution could be made to increase the overall success of the company. The goal was to present Mike’s Wrecker Service with a telematics solution that will not only bring added value to the company but also provide a significant competitive advantage.
The driving age should not be tampered with and raised to 21. Raising the driving age to 21 will introduce numerous of problems for parents and young teens that are working , social events ,and also school activities have
There are many laws put in place when it comes to driving, yet most people do not follow these laws. “Any licensed driver under the age of 18 is subject to provisional restrictions. For the first 12 months, a driver must be accompanied by a licensed parent or guardian, an instructor or another licensed driver who is at least 25 years old…” is a law that can be found in regards to
As teenagers are leaving their homes, cities, and in many cases, states, to attend colleges, driving has become an integral part in a teen’s life. However, many states are putting heavy restrictions on teen drivers to keep not only them safe, but the rest of the community as well. But that has not been enough- teen drivers still are a major problem on the road due partly to their lack of mental development. This has pushed some states to consider raising minimum driving age, eliminating the whole problem of inexperience in drivers. The minimum age should not raised, however, because it will not help the issue of road safety.
If the age limit were raised to the age of eighteen, it would give teenagers time to practice on driving skills and safety regulations of the road. Furthermore, if teens are given more time to practice and understand specific guidelines, it will gradually make them better drivers and help them recognize smart driving skills.
GTC provides different types of LTL service that include different timings and rates which help customer to make the best choice according to their needs. We also provide dedicated drayage service at Montreal rail yards. The other specialized transportation delivered by our company includes storage trailers, dry and temperature controlled trailers which help retail outlets and food industries to transport their perishable goods from one place to another. The storage trailer provide temporary space during renovations and for other storage purposes. All the overnight truckloads are scheduled in advance which help the customers to track their delivery online. It make the process of dispatching and delivery easy and more convenient. We make use of in-truck communication system to
Both informational articles in the Performance Assessment discuss the subject of minimum driving age and how the driving requirements have affected teens. They both inform and show the reader statistics on young drivers’ crash rates and how certain laws changed the crash rates. While reading and from personal experience, I do think that the minimum age requirements should not be lowered. The requirements should not be lowered because it does help young drivers get more insight on driving, the crash rates aren’t as high as 18 year olds, and it is more convenient for children with hard working
They accommodate the business, shopping, administrations, and entertainment and hotel needs of the occupants and guests to the city. The transference of these services has been intended to arrange the cars as the essential type of access by customers in the half of the 20th century.
Zipcar offers one of the most advanced car sharing platforms in the world in regards to the technology it employs. Consumers can register for the service, pay a nominal fee, and gain access to a multitude of different types of automobiles (Zipcar, 2012). Thus far the company is only
Zipcar is expanding rapidly since it was established in 2000. According to its latest 8-k form, for the 2012 first quarter, revenue increased 20% to $59.1 million compared to $49.1 million in the prior year period. Revenue growth resulted primarily from a 23% year-over-year increase in membership to more than 709,000 members at quarter end. But does it really have a sustainable growth to support its expanding and operation? We implement a rough accounting and financial analysis to evaluate its performance and forecast its future.