powerful tools used in business to determine whether or not to invest in a particular project; both methods have its pros and cons. If given a choice I would choose NPV‚ because of the potential to anticipate profitability. As it is assumed that the objective of a firm is to create as much shareholder wealth as possible for its owners through the efficient use of resources‚ the preferred method in determining whether or not to invest in a project is NPV. The reason for this is that NPV takes into
Premium Net present value Rate of return
car-sharing company Zipcar is the industry leader with over 400‚000 users in 13 major cities‚ and 150 college campuses. Zipcar mainly operates in urban areas and in college towns where car ownership is lower and parking is expensive and/or limited. People are enjoying the convenience of reserving the car over the phone or online for a nominal fee on an hourly or per day basis. The cost of service includes the fuel‚ car maintenance‚ and insurance charges. Currently‚ the main goal of Zipcar is to enter into
Premium Zipcar Automobile Public relations
Environmental Analysis for Car2Go I. Introduction This project has been conducted to do an environmental analysis to the company called Car2go and its membership/sign-up product in Vancouver. The analysis has been done using all the external forces that involves collecting facts about the company through primary and secondary research. The external forces has been divided into 6 categories namely Demographic‚ Socio-Cultural‚ Competitive‚ Technological‚ Economic‚ and Regulatory
Premium Electric vehicle Automobile Sustainable transport
PACCOUNTING AND FINANCIAL ANALYSIS 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
Premium Balance sheet Generally Accepted Accounting Principles Asset
ZIPCAR Case 1. Who are Zipcar’s primary stakeholders‚ and what are their particular interests? Zipcar’s primary stakeholders include their internal claimants‚ which are the executives and employees such as Scott Grffith; chairman and CEO‚ Steve Case; board of director‚ Ed Goldfinger; CFO‚ and Mark Norman; President and COO. Their particular interests are to drive Zipcar forward giving it strategic growth. They also aim maintain the business model and operations while maintaining focus on customer
Premium Zipcar Car rental
Borrowed Car‚ Inc: Zipcar Watch Out Car Sharing & Opportunities for Growth Zipcar‚ Inc. is an entrepreneurial venture started in 1999 and was incorporated in the year 2000 by founders Robin Chase and Antje Danielson. The Zipcar business model is a sophisticated form of car sharing that was innovative for the time. Yet‚ it is important to note that this form of company is not the first of its kind. This would be a potential business to model our business after. Our goal is to create a smart economical
Premium Zipcar Automobile
CASE STUDY: Merger of Zipcar and Avis Budget Group On January 2‚ 2013‚ Zipcar announced that it would be acquired by the Avis Budget Group. This merger may let staff members of both companies to feel uncertain and uncomfortable‚ especially of Zipcar and they feared that company was swallowed. Motivational problems related with finance were of major importance to employees of both companies and here too. The senior management and executive members of Zipcar company sought to gather and discuss
Premium Management Mergers and acquisitions Theory X and theory Y
way people in metropolitan cities around the world commute‚ go shopping‚ take weekend vacations and travel to business meetings. She founded Zipcar in June of 2000‚ a company that utilizes the idea of car sharing‚ where a group of registered members can utilize a community-based pool of vehicles of every size and caliber ( Time’s Most Influential People). Zipcar has become the largest carsharing company in the world. Soon after her first successful company launched‚ she realized the need for more real
Premium Zipcar
Tzuo and K.V. Rao founded Zuora to address the need for billing efficiency. They are aware that there’s an increase in products being offered as a subscription service (i.e. Netflix offering a monthly subscription for a library of shows and movies‚ Zipcar offering a pay as-you-go utility that eliminates the need to buy cars etc). Their vision is to provide an e-commerce platform that provides a low-cost‚ state-of-the-art and highly efficient billing systems. Before the launch of their billing module
Premium Cloud computing Software as a service Everything as a service
Case #1. Zipcar: Refining The Business Model The objectives of this case: The Zipcar case was developed to permit students to closely track the development and evolution of a company’s business model in the very early stages of its life. The case describes the development of Zipcar‚ a car-sharing service located in Boston‚ but with national ambitions. The case includes the very first version of a financial model for the business‚ a version that was developed after significantly more research
Premium Management Logic Strategic management