User Account

All Pages

What sociological issues may have an impact on venture

Assignment Help Management Theories
Reference no: EM131385177

SITUATION
In the late 1990s, entrepreneur Neil Peterson was traveling in Europe when he observed what to him was a new way to own a car. It was called car sharing. Under this concept, the customer doesn't buy a car outright but uses the vehicle as a person would a timeshare property. The concept isn't totally new to the United States but has only caught on in a few places. Peterson has big plans. He wants to bring the carsharing concept to large U.S. cities.

His research, based on American Automobile Association data, shows that the average cost of owning or leasing a new car, including insurance, is around $625 a month. He believes the average car-sharing member will pay only $100 a month.

Question 1 What sociological issues may have an impact on the success of this venture?

Question 2 In which consumer decision-making stage do you believe Peterson's potential customers will be located? Why?

Reference no: EM131385177

Questions Cloud

Explain what the challenge is and why it is an ethical issue : Choose one of the ethical and societal challenges above. Explain what the challenge is and why it is an ethical issue. Give examples of the issue. Give suggestions on how to overcome the challenge. Cite sources used in researching the issue.
How would you evaluate the effectiveness of your approach : Jimmy Brown is a manager with Solomon Industries, Inc., (SII) a supply company in South Carolina. SII serves as a warehouse for other companies that deliver and store their goods using SII's facility as temporary storage. Jimmy was born in 1955 ..
What types of crm techniques be used by type of business : How can the stages of consumer decision making be applied to a person's decision to use a particular funeral home?
Create a plan for assessing effectiveness of onboarding : You are the newly appointed chief operating officer for Thomason Health System (THS), a large health care delivery system that will be acquiring and implementing a new information technology system: "Electronic Medical Records" (EMRs). The organizati..
What sociological issues may have an impact on venture : What sociological issues may have an impact on the success of this venture?- In which consumer decision-making stage do you believe Peterson's potential customers will be located? Why?
Consider to be the best customer service you receive : For several days, make notes on your own shopping experiences. Summarize what you consider to be the best customer service you receive.
Compare the decision making process : Consider your most recent meaningful purchase. Compare the decision-making process you used to the four stages of decision making presented. Report your conclusions.
In which respect does iraq have very shallow roots as nation : In which respect does Iraq have very shallow roots as a nation? Explain how this feature has constituted an obstacle to the country's political and economic development?
Do criteria change as the vehicle sticker price rises : Outline the criteria that car owners use to evaluate service to their vehicles. Do those criteria change as the vehicle sticker price rises? How?

Reviews

Write a Review

Management Theories Questions & Answers

  Develop a plan that will enable improved management

Select an idea, improvement or opportunity that would be of benefit to a team or an organisation. This must be a concept that is suited to application and could be submitted, for approval, to senior management.

  What is involved in just-in-time inventory management

What is involved in just-in-time inventory management, what factors are necessary to make just-in-time inventory management successful, and how does just-in-time inventory management affect a firm's suppliers?

  Planning writing proofreading and delivering messages

Write about (What are the strategies to overcome writer's block; What are the best ways to determine how and what you want to convey, What types of sentence structure is best in business communication) in about 200 words.

  What strategy should they pursue to obtain cooperation

What problems, if any, do you see with the use of the university's brand?- What strategy should they pursue to obtain cooperation from the university?

  Review the compliance management structure

Review the Compliance Management Structure found in Chapter 13 and discuss how you would apply it to the Bullock Studios case study.

  Question 1 a make difference between single sourcing and

question 1 a make difference between single sourcing and multiple sourcing.b what criteria should an organization take

  How did the internet change the way consumers shop

How did the internet change the way consumers shop?

  How do you feel communication programs

How do you feel communication programs can most effectively be utilized?

  Describe two or three change management models

Describe two or three change management models

  Prepare an analysis of the benefits and costs

Prepare an analysis of the benefits and costs for two assigned countries of foreign direct investment.

  Define a business idea that related to operation management

Define a business idea that related to operation management, preferably one that you create, that might work as a start-up firm in the United States. Your proposed firm should provide a particular product or service mainly to customers located outsid..

  Differences between partnerships and corporations tax

This module and reading discussed several differences between partnerships and corporations regarding tax treatment\

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd