Premium Essay

Business Recommendations for Big Drive Auto

In: Other Topics

Submitted By bailey0508
Words 1723
Pages 7
Business Recommendations for Big Drive Auto Trendi Emerson, Gabriel Konigsberg, Brain Bailey, Rebecca Wilson and Oniel Rhooms
Economics 561
University of Phoenix
| |Possible |Earned |
|Content/Development (60%) |3.0 |3.0 |
|Logic/Organization (20%) |1.0 |1.0 |
|Format/Style/ Grammar/Punctuation/Spelling (20%) |1.0 |.8 |
|Total (100%) |5.0 |4.8 |

Your content in this paper is very good, but you should review the use of citations and how to match them to the reference listing.
You must list the scenario as a reference so you may cite it appropriately.
Please use the proper naming convention for assignments attached to your post (the file name, not the subject).

Business Recommendations for Big Drive Auto Big Drive Auto is a dealer of several manufacturers' cars and trucks, in several states. Citation?Several business recommendations have been made to ensure success of Big Drive Auto. The recommendations include pricing strategy, non price barriers and product differentiation. These recommendations must be implemented over the next five years to make Big Drive Auto a bigger, more successful company.
Price Strategy Big Drive Auto has been keeping records on how much goods they have been selling and at what price. As useful as this data is for Big Drive Auto, it will not be enough to help the company make the next step towards sustainable success. In order for this company…...

Similar Documents

Free Essay

Big Business

...Big Business Andrew Carnegie, born in Scotland in 1835, settled in Pennsylvania with his family at the age of 13. He started off working in a cotton factory, later moving to a telegraph company. Here he met Thomas Scott who hired him as a secretary and telegrapher. Scott was a superintendent of the Pennsylvania Railroad’s Pittsburgh division. When Scott moved up to become general superintendent for the railroad, Carnegie, at the age of 24, took over his position within the Pittsburgh division. Carnegie worked for the Pennsylvania Railroad for 12 years, leaving in 1865 (Biography.com, 2010). His first steps toward big business were his investments in a sleeping car company and oil. Both investments paid off handsomely (n.d.). Then, in 1864, he turned towards the iron business. He had contracts with the railroad to build new bridges out of iron replacing the existing wooden ones. In 1872, Carnegie learned the Bessemer process which converted iron into steel. Steel was more flexible than iron and lasted longer (PBS, 1999). In 1875 he opened the biggest steel mill in the world. His final step toward being one of the wealthiest men in the nation was expansion. He bought competitor mills and built new ones. By doing this he had control over the industry and could ensure profits at all stages (Davidson, Gienapp, Heyrman, Lytle, Stoff 2006). In 1901, Carnegie sold his business to J.P. Morgan for $480 million (PBS, 1999). The reason Carnegie did so well is because he knew business...

Words: 860 - Pages: 4

Free Essay

Big Blunders from Big Business

...Big Blunders from Big Business     Mistakes in Multinational Marketing (Irwin series in marketing)   By David A. Ricks: http://aib.msu.edu/fellow.asp?FellowID=46     International marketing can be a tricky business. With the increase in global trade, international companies cannot afford to make costly advertising mistakes if they want to be competitive and profitable. Understanding the language and culture of target markets in foreign countries is one of the keys to successful international marketing. Too many companies, however, have jumped into foreign markets with embarrassing results. Out of their blunders, a whole new industry of translation services has emerged.    Faulty translations  The value of understanding the language of a country cannot he overestimated. Translation mistakes are at the heart of many blunders in international advertising. Since a language is more than the sum of its words, a literal, word-by-word dictionary translation seldom works. The following examples prove this point. Otis Engineering Company once displayed a poster at a trade show in Moscow that turned heads. Due to a poor translation of its message, the sign boasted that the firm’s equipment was great for improving a person’s sex life. The Parker Pen Company suffered an embarrassing moment when it realized that a faulty translation of one of its ads into Spanish resulted in a promise to “help prevent unwanted pregnancies”.  Automobile manufacturers in the United......

Words: 1387 - Pages: 6

Free Essay

Auto Salon Business Plan

.........................................................................30 5.2 Tindak Lanjut...........................................................................................................................30 Latar Belakang Perusahaan Data Perusahaan: 1. Nama Perusahaan : PT. Roda Kencana Abadi 2. Bidang Usaha : Otomotif 3. Jenis : Perawatan mobil (salon mobil) 4. Alamat Perusahaan : Kelapa Gading, Jakarta Utara 5. No. Telp : 021-45476891 6. No. Fax : 021-45476890 7. Email : rodakencanaabadi@live.com 8. Website : www.theautosalon.com Data Pemilik: 1. Nama : Jason 2. NIM : 13408015 3. Dosen : Ir. Aso Kusuma M,Ing. 4. Asisten : Astury Gardin (13406021) THE AUTO SALON “ONE STOP CAR DETAILING” BAB I Gambaran Umum Bisnis 1.1 Latar Belakang Penduduk Indonesia khususnya di kota-kota besar rata-rata memiliki sebuah mobil, bahkan tidak jarang seorang warga penduduk memiliki mobil lebih dari satu. Setiap orang yang memiliki mobilitas tinggi terhadap penggunaan mobil harus merawat mobilnya yang dilakukan dengan berbagai cara, diantaranya dengan sekedar mencuci atau melakukan perawatan cat mobil kepunyaannya. Di Indonesia sendiri perkembangan pembelian mobil mewah akhir-akhir ini meningkat tajam, hal ini ditandai dengan bermunculnya berbagai macam importir umum dengan showroom mobil mereka masing-masing yang sudah bertebaran di kawasan elit ibukota seperti Kelapa Gading, Senopati dan Pondok......

Words: 6719 - Pages: 27

Premium Essay

Recommendation for Big Valley’s Erp Alternatives

...MEMORANDUM TO BOB HENDERSON TO: Bob Henderson, CIO for the City of Big Valley, California DATE: April 2, 2012 FROM: …. SUBJECT: Recommendation for Big Valley’s ERP alternatives ------------------------------------------------- Big Valley faced a strategic decision with its primary enterprise resource planning (ERP) applications. There were three alternatives under consideration: continue with Oracle, new support provider and new ERP system. All had varying levels of risk, associating with various pros and cons. I recommend new ERP system, specifically Government E-Management Solutions (GEMS). Reasons for choosing GEMS: * GEMS had a relatively low cost. GEMS was a tier II ERP solution. Therefore, it was relatively inexpensive to purchase, implement and maintain. Compared with the other options, GEMS did have the lowest annual maintenance fee which would save a lot of money in the future. * GEMS offered a property management system that Big Valley may want to consider leveraging. a. According to the administrative report of Vancouver, Canada, the property information may constitute 80% to 90% of the city’s data. Thus the capability of managing this information efficiently should be an important feature to consider when we selecting the ERP solution for a city. The property management system offered by GEMS allowed the city to issue invoices and collect payment for multiple utility services, business licenses, permits, inspection notices and property......

Words: 502 - Pages: 3

Premium Essay

Recommendation for Big Valley’s Erp Alternatives

...MEMORANDUM TO BOB HENDERSON TO: Bob Henderson, CIO for the City of Big Valley, California DATE: XX FROM: XX SUBJECT: Recommendation for Big Valley’s ERP alternatives ------------------------------------------------- Big Valley faced a strategic decision with its primary enterprise resource planning (ERP) applications. There were three alternatives under consideration: continue with Oracle, new support provider and new ERP system. All had varying levels of risk, associating with various pros and cons. I recommend new ERP system, specifically Government E-Management Solutions (GEMS). Reasons for choosing GEMS: * GEMS had a relatively low cost. GEMS was a tier II ERP solution. Therefore, it was relatively inexpensive to purchase, implement and maintain. Compared with the other options, GEMS did have the lowest annual maintenance fee which would save a lot of money in the future. * GEMS offered a property management system that Big Valley may want to consider leveraging. a. According to the administrative report of Vancouver, Canada, the property information may constitute 80% to 90% of the city’s data. Thus the capability of managing this information efficiently should be an important feature to consider when we selecting the ERP solution for a city. The property management system offered by GEMS allowed the city to issue invoices and collect payment for multiple utility services, business licenses, permits, inspection notices and property taxes. And......

Words: 501 - Pages: 3

Premium Essay

The Big Book for Small Business

... OF SMA L L B U S I N E S S BIG BOOK THE Y O U D O N ’ T H AV E T O R U N Y O U R B U S I N E S S B Y T H E S E AT O F Y O U R P A N T S TO M G E GAX with Phil Bolsta Previously published as By the Seat of Your Pants This book is dedicated to my father, Bill, an old soldier who battles every day to overcome a horrendous stroke. He was a model enlightened entrepreneur, a fact that took me years to appreciate. His compassion with his employees and dedication to service inspired me to be a better businessman and a better person. When I was growing up, he liked to say, “Son, the most important word in the English language is ‘empathy.’ ” When I told him I was starting a business, his first words were, “Always treat your employees right.” He learned that appreciation the hard way, losing his father at a young age and countless war buddies in the trenches. But his love for God, country, and his fellow citizens never wavered. This one’s for you, Dad. CONTENTS Foreword by Richard Schulze, Found er and Chair man, Best Buy ix Introduction: Living by the Seat of My Pants: A Jour ney from Clueless to Cashing In xi PART I Setting Up Shop: What Ever y Budding Entrepreneur Needs to Know 1 1. Make Up Your Mind: Uncommon Factors to Consider Before Quitting Your Day Job 2. Research the Market: Analyzing the Data to Determine Your Niche 3. Write the Business Plan: Building Your Blueprint for Success 4. Find Funding: Raising Capital Without......

Words: 130379 - Pages: 522

Premium Essay

Business Strategy Recommendation

...and realize significant market gains, they will have to expand their internet business by setting themselves apart from their competitors. In doing so, Target will be able to build a stronger customer base online, and ensure relevance in the heavily web-focused future. Target first opened its doors in Minnesota in 1962 with a focus on convenience and competitive pricing. Today, Target has nearly 1,800 stores across the United States and 127 stores in Canada. Their original focus on pricing and convenience still remains Target’s focus today, with their current slogan being “Expect More. Pay Less” (Corporate Fact Sheet, 2013). Target is a discount retail store that sells groceries and a wide range of merchandise and household goods while priding themselves on innovation. The US Department of Labor describes the industry as “unique in that they have the equipment and staff capable of retailing a large variety of goods from a single location.” (2014) Target’s biggest retail competitor is Walmart, who sells similar items but claims to be the “Low price leader.” Target is a local based company with ample opportunities for improvement. They have been struggling recently due to their online data breech, which has left consumers leery about fully trusting them again. By re-focusing on areas of their business they may be lacking, they can rebrand themselves and gain back consumer confidence. A big retail shift occurred in the 1990’s with the introduction of e-commerce. ......

Words: 1910 - Pages: 8

Free Essay

Big Brother Big Business

...that all of it is unethical; it all depends on the type of need. As mentioned a few times in this video tracking was| |what helped catch criminals and convict individuals that have committed a crime. There is a very thin line for this need and I am | |not sure where that line is. | |  | |Question 3: | |What do you believe you can do to protect or secure your personal information and limit big business from gaining access to it? The| |first thing that comes to mind is having a software on your computer to block hackers and software from tracking your activity | |online. I don’t think there is a way to stop tracking of your cell-phone; besides not have one and as for surveillance camera there| |is no way of getting around that because you are private property and if something a crime was committed on you and there were no | |surveillance camera around you would what to use the property owner. | | Word Count: |  [pic]...

Words: 354 - Pages: 2

Premium Essay

The Rise of Big Business in

...efore the rise of modern corporations, business owners predominantly personally managed most private economic operations. These small-scale operations had little influence outside their regional realm. Eventually, American capitalism evolved from a proprietary-competitive stage to a corporate-administered stage as a result of numerous factors. Economies of scale became more applicable with innovations in transportation, communication, production, management, distribution, and marketing. As a result, America transformed into a global economic power. From 1870 to 1913, the United States’ distribution of the world’s industrial production rose from 23 percent to 36 percent (Chandler, 4). Comparing this substantial growth to other industrious countries of the time exemplifies America’s dominance. In the same time span Great Britain fell from 32 percent to 14 percent, Germany rose from 13 percent to 16 percent, France dropped from 10 percent to 6 percent, Russia rose from 4 percent to 6 percent, Japan rose from 0 percent to 1 percent, and the rest of the world rose from 17 percent to 21 percent (Chandler, 4). Capital intensive, mass production industries that rose during the 2nd half of the 19th century distinguished American business from economic institutions in other cultures and set the foundations of what is now known as the American corporation. Standard Oil An industry that was a pioneer in changing the early business landscape was the petroleum sector. In 1859, the first...

Words: 2184 - Pages: 9

Premium Essay

Big Drive Auto

...Business Recommendations Memorandum Team A: Alpha Team Consultants (April Hill, Kenechia Nelson, Nicki Stoops, Tina Parker, Teresa Tessier) University of Phoenix ECO/561: Economics MEMO: To: Big Drive Auto From: Alpha Team Consultant, LLC Date: January 16, 2010 Re: Business Recommendations for Big Drive Auto based on Economic Projections This memo will present three specific economic futures over the next five years for the Big Drive Auto Company. This memo features recommendations from year to year and several graphs to provide visual support of the business recommendations from the Alpha Team Consultants (Alpha). Alpha would like the opportunity to present our recommendations for your future business management decisions. Our recommendations will provide you with money and time saving options regarding organizing, managing and integrating finances, product manufacturing and development, consumer relations and supply chain all while continuously increasing revenues and growth within Big Drive Auto. As your exclusive consulting firm we have composed several forms of data including diagrams, graphs and charts that aide in depicting the effects of our business recommendations over the next five years. This data is based solely on the GDP and any current economic contributing factors. The presented data and recommendations will aid the Big Drive Auto Company in staying ahead of the competition, while developing other methods that aide in business......

Words: 1486 - Pages: 6

Premium Essay

Big Drive Auto

...Running head: BIG DRIVE AUTO Big Drive Auto Michelle International Economics August 29, 2011 Big Drive Auto In the automotive industry there is evidence that supports the future of economics within the automotive industry such as Big Drive Auto, a multi-manufacture of cars and trucks. Not only does the company conduct contributions in the coolant, tire replacement and motor oil industry, but Big Drive Auto, also, services parts for repairs and sales vehicles. Big Auto will have to forecast their prior records kept within the past ten years in order to remain successful as well as needing growth within the automotive industry if they are to stay ahead of the automotive industry. An evaluation, in spite of the fluctuations in the economy, of the revenue generated on service and auto sales and of the companies past sales of parts, this evaluation and/or information will assist Big Auto Drive’s management for the organization for future production plans. A future demonstration pricing strategy will be used from the data of previous years and in keeping the company moving forward, the management’s awareness of the economy in recent years will be considered in helping with product recommendations for Big Drive Auto. In moving forward, Big Drive Auto will need to assess in the upcoming years the mathematical equations and take into consideration operations, cost, economic analysis and productivity in order to create a strategy that is solid in dealing with the......

Words: 1690 - Pages: 7

Premium Essay

Business Recommendations Memo

...Business Recommendations Memo ECO/561 Business Recommendations Memo Team D International battery manufacturing company, Larson Inc, operating between the U.S. and Germany, is facing a competitive market requiring strategic business planning in how to best improve the overall growth and strength of the company. Concerns with the economic futures must be acknowledged to increase their profits (Larson Scenario, 2010). For Larson to grow, management must make projections based these specific conditions over the next few years that will benefit Larson’s production of batteries and distribute them in the global market. This discussion summarizes courses of action Larson Inc. must consider based on the possible economic future. Alternative Economic Futures Larson Inc. expects to go through economic changes in the next five years that will ultimately determine the economic viability of the company. Recession, recovery, and peaks are guaranteed during this time period. With these imminent economic futures, it is imperative that Larson Inc. instill measures which maximize profitability and productivity in both the American and German markets. The instances of interrupted growth in industry are usually associated with business cycles (McConnell, Brue, & Flynn, 2009). Larson may face several of these changes in the economy and possessing the ability to predict these and how to handle them is a process that must be studied...

Words: 1102 - Pages: 5

Premium Essay

Business Strategy That Drives Operational Capabilities

...1. Companies that often achieve high success rate do so because of the fact that they design their operations to support the company’s business strategy. These firms take the necessary steps to ensure that production operations are suited for the intended target markets. Production Operations can be defined as the special ability that production does well in order to outperform its competition, whether through offering quality, flexibility, low cost, or durable products/services. Toyota Motor Corporation a globally recognized leader in the automotive industries focuses on quality as its operation capability. If the company had focused on low cost instead of quality its operations would have an altogether different look. Two ways that Toyota’s operation might have changed as a result of a cost minimization focus which would be the most appropriate in this case are reduction in models they offer and a reduction in marketing and advertising. Since its inception in the 1930’s Toyota has offered over 150 different models across its major markets in Asia, Europe and North America. However, not all of the models offered have been profitable for the company which has resulted in many models being discontinued. With a cost minimization focus Toyota who has had great success with such models as the Camry and Corolla both of which were ranked in the top 10 of best cars to purchase. The company can focus more of its revenue into producing more of these particular models and enhancing...

Words: 1203 - Pages: 5

Premium Essay

Big Brother Big Business

...Big Brother Big Business Course Section Number: CGS1000 Question 1: What impact does technology have on your personal information, your daily life, and privacy? |  I personally use technology on a daily basis from doing school work, paying bills, and managing finances. It is extremely disturbing that people would want to profit from any persons’ private information. This report definitely has an impact on perception about businesses and the abilities to use technology for good and malevolence purposes. | Question 2: Identify and describe at least three ways that Americans are being monitored in this video. These must be specific to the video.  Are these things being carried out ethically? Explain your response.The black boxes inside vehicles, internet searches, cell phones, and by the purchases a person makes. A bit of both is unethical and ethical depends on the situation. The part of video about the rental car. That person was just trying to be cheap and lie to the company. I have rented a car before I have always been told that there is a tracker in the vehicle. Every rental company asks if the vehicle will be driven out of start if they told up front they will charge a different rate. That person was just trying to be cheap and was crying about his privacy instead of being caught in a lie and paying the bill. The boss about tracking his employees and not telling thing is completely wrong. If he is not willing to be up front with his employees there is no telling......

Words: 401 - Pages: 2

Premium Essay

Findings on Big Data for the Business

...Environment: Outcomes Big data analytics is probably going to be remembered as a technological, if not, an industrial revolution Paralysis by analysis New technologies are rolling off the assembly line daily They keep revisiting the same issues over and over again New terminologies and approaches The delve into technological questions before answering the what and why questions. What matters seems to changes quite frequently I hear stories from my competitors, am I behind? Do I need this stuff? How do I know which are the new opportunities these technologies allow me to win? Skills are short Which skills do we need anyway? How do we organise them? How do we ensure we are compliant? 2 Many customers do not know where to start? Many organise several ‘vendor’ contests without a clear end insight They lack coherent approach that leads to faster results They involve either too many or too few stakeholders Where do I start and how do I plan for big data analytics? © 2014 WIPRO LTD | WWW.WIPRO.COM | CONFIDENTIAL Establishing An Analytical Capability Business Layer Principles: Analytics is a business outcome enabler What needs to be optimised, prioritisation, alignment with overall strategy, process changes etc. It bridges commercial management and IT expertise Analytical Layer There are four layers to be brought together successfully How analytics supports business objectives, how they are achieved, business case, partnerships with business Outcomes Adopt a......

Words: 1343 - Pages: 6