Preview

National Auto Parts Llc Executive Summary

Powerful Essays
Open Document
Open Document
4559 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
National Auto Parts Llc Executive Summary
LINCOLN UNIVERSITY

National Auto Parts, LLC.

(BA 392, MBA Internship Report)

Presented to
Lincoln University

By:
Liping Zhang

Advisor:
Professor Sergey K. Aityan

November 2013
Table of Contents
Acknowledgement 6
1. Introduction 7
1.1. Auto Parts Industry 7
1.2. Automotive Parts Sector Definitions 8
1.3. The Objective of Internship 9
1.4. Sources of Data Collection 10
1.5. Definition of Terms 10
2. Company 13
2.1. Company Description 13
2.1.1. General Information 13
2.1.2. Finance 13
2.1.3. Competition 19
2.2. Online Business Analysis 19
2.2.1. Online Auto Parts Market Analysis 20
2.2.2. Market Analysis of the Organization 20
3. Company Analysis 20
3.1. Company’s Competitive
…show more content…
Shipping duration could also open the customer’s options to purchase the products elsewhere.
No Direct Customer-Seller Interaction
Some customers prefer buying by reaching personally to the market, seeing the product physically before making a decision.
3.2.3. Opportunities
Ecommerce is a perfect example to expand a company’s growth and take advantage of areas where the competitor’s vulnerable.
Easy to Increase Product Awareness
Not too long ago, if a person starts a business, he might place a few advertisements locally in the hopes of building a name for himself in the area. The Internet has changed that practice completely. An Internet presence instantly gives his company a global audience. Customers from around the world are able to learn about and purchase his products and services. His potential population of customers is endless.
Potential Worldwide Customers
As time proves, Internet users are rapidly increasing, the internet links everyone on the world together. Besides, more and more are feeling comfortable buying through Internet

You May Also Find These Documents Helpful

  • Better Essays

    The internet offers the potential to achieve a global market success for any business. Businesses that go online increase their opportunities to reach their target market and is cost effective when compared with other forms of marketing. It creates opportunities, benefits and challenges for a business but in the long run is worth it for the added publicity and hopefully profits. Going online has benefited many organisations including Tesco PLC. I will be using Tesco as my example of the benefits, opportunities and challenges for a business by using the internet. Tesco has operated on the Internet since 1994 and started an online shopping service named 'Tesco Direct' in 1997 which gave their customers the availability to shop online and have the items/groceries delivered straight to their house. It is also possible to order groceries online to be delivered to the customer’s door.…

    • 2622 Words
    • 11 Pages
    Better Essays
  • Powerful Essays

    Unit 41

    • 6070 Words
    • 25 Pages

    The internet changed our way of shopping, and is gaining in popularity more and more. This has three advantages:…

    • 6070 Words
    • 25 Pages
    Powerful Essays
  • Powerful Essays

    The advent of e-commerce in business was made possible by the introduction of technology. For example the internet and credit cards and this technology have continued to be made better. By using a few different types of web hardware and software, e-commerce won’t just give more functionality to a business, but it will improve the effectiveness. Plus, now that a great number of customers are able to high speed internet connections, for example broadband. It is even more important that e-commerce if efficient. If a website is slow, a customer is likely to choose to go somewhere else.…

    • 1587 Words
    • 7 Pages
    Powerful Essays
  • Good Essays

    The advancement of technology has made it possible for people from different areas to be able to connect easily. It is the advancement of Internet that has made globalization a reality and also helped to increase and improve the level of investments in different countries. The fact is that Internet has brought about good effects on the community and especially in the business sector. The cost of operating a business from one region to another has been significantly reduced. It has now become easier for people to meet and connect. Approximately 3 billion people spend several hours of their day on online platforms either conducting business or simply communicating with their friends (Carr). Many young…

    • 1176 Words
    • 5 Pages
    Good Essays
  • Powerful Essays

    As another meritorious statesman of the globalization, Internet played an important role in the global market. Thanks to the internet, a great deal of international business can be done without travelling around the world and face-to-face communication. And the development of e-commerce brought a fresh new way of doing business online. There were a lot of internet companies launched during the last few decades, and increasingly more people began to buy things on the internet instead of shopping in real stores.…

    • 7588 Words
    • 31 Pages
    Powerful Essays
  • Good Essays

    Firstly, the net acts as a gateway to global opportunities. It allows companies, specially small and medium enterprises to position themselves globally at low cost. In addition, it alleviates the red tape regarding the prospect of doing business globally, consequently avoiding the regulations and restrictions in export countries, which normally companies should abide by if they physically enter the market ( Paul, 1996). Furthermore, low cost can also be associated with the elimination of intermediaries because Internet connects end-users to producers directly. Moreover, the global advertising costs which was considered as a barrier to entry, is now reduced as internet permits to attain the target audience cheaply ( Eid & Trueman, 2002).…

    • 1852 Words
    • 8 Pages
    Good Essays
  • Satisfactory Essays

    Automotive Suppliers

    • 37242 Words
    • 616 Pages

    At Xerfi Global, we believe that international classifications are not the only valid definition of a market. It…

    • 37242 Words
    • 616 Pages
    Satisfactory Essays
  • Good Essays

    To earn greater profits a lot of companies must spend some dollars and energy in advertising. The least expensive method to advertise is online. It's both economical and reaps wonderful benefits. This is actually the sole reason behind its success among many small and big companies. It is now using any electronic media to market your items and promote them before customers. It may be by means of television, radio, mobiles and also the internet. Because of the expansive utilization of internet nowadays by customers around the globe, internet marketing has lately moved it focus to the…

    • 891 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    E-commerce in China

    • 925 Words
    • 4 Pages

    In the 21st century, the world has entered a new economy era, the development of information and Internet technology create a world where all the products and services can be traded in everywhere instantly. All the government departments, public service agencies, telecommunications companies, banks and other financial services institutions all types of businesses and hundreds of millions of individual users have invested and participated in e-commerce activities. E-commerce has become an irresistible trend in the world.…

    • 925 Words
    • 4 Pages
    Powerful Essays
  • Powerful Essays

    Bibliography: Following websites where considered while publishing data and company background in this project report.…

    • 10322 Words
    • 42 Pages
    Powerful Essays
  • Powerful Essays

    The twenty-first century is characterized by the use of information and communication technology which has revolutionized our working and living patterns. A new kind of market has emerged out nowadays called as “e-market” or “internet-market”, where customer can perform many of their shopping electronically over the internet through their personal computer or laptop at any time convenient to them, without having to be restricted to regular store visit and can also avail many services through internet itself such as ticket booking, bill payments, etc. Furthermore, customer is expected to perform at least one of the following activity online namely ticket booking, bills payment, purchasing software, music and transferring funds.…

    • 6516 Words
    • 27 Pages
    Powerful Essays
  • Powerful Essays

    The Internet has proved to be the perfect vehicle for e-commerce because of its open standards and structure. No other methodology or technology has proven to work as well as the Internet for distributing information and bringing people together. It’s cheap and relatively easy to use it as a conduit for connecting customers, suppliers, and employees of a firm. No other mechanism has been created that allow organizations to reach out to anyone and everyone like the Internet.…

    • 5772 Words
    • 24 Pages
    Powerful Essays
  • Satisfactory Essays

    zalora

    • 429 Words
    • 2 Pages

    As the Internet penetration rate is on the rise, many businesses decided to have an online presence as part of their growth strategy and as a means to reach out to more customers both locally and abroad.…

    • 429 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Hospitality 2015

    • 686 Words
    • 3 Pages

    As online usage has soared over the last decade the internet has become a vital outlet for all retailers.…

    • 686 Words
    • 3 Pages
    Powerful Essays
  • Powerful Essays

    A world without internet

    • 2669 Words
    • 11 Pages

    Today, technological world is fast developing. Within the astonishing growth of the Internet, these days businesses are more often, taking place online.…

    • 2669 Words
    • 11 Pages
    Powerful Essays