Categories: SWOT Analysis

SWOT Analysis on Avis Budget Group

&NewLine;<&excl;-- WP QUADS Content Ad Plugin v&period; 2&period;0&period;95 -->&NewLine;<div class&equals;"quads-location quads-ad1" id&equals;"quads-ad1" style&equals;"float&colon;left&semi;margin&colon;0px 0px 0px 0&semi;">&NewLine;&NewLine;<&sol;div>&NewLine;<p align&equals;"justify">Avis Budget deals with the two worldwide leading companies in the automobile leasing industry in course of Avis and Budget&period; Avis is a foremost rental car supplier that mainly supplies the finest marketable and freedom sector of the travel industry&period; Budget is a leading rental car supplier challenging in value-conscious segments of the industry in the United States and other regions&comma; and as a first-class brand in Canada&comma; the Caribbean and other parts of the world&period; Budget also deals with one of the top truck leading business in the States&period; Avis Budget Group and its secondary and licensees provide a complete series of vehicle rental services through 10&comma;000 rental locations in more or less 175 countries around the world&period; <&sol;p>&NewLine;<h2>Avis Budget Group SWOT Analysis <&sol;h2>&NewLine;<h3>Strength<&sol;h3>&NewLine;<p align&equals;"justify">•&&num;160&semi;&&num;160&semi;&&num;160&semi; Avis came into the marketplace for automobile leasing at a point in time while there were barely any other competitors in the marketplace&comma; allowing them to set up their deal&comma; and this deal has given name and image that could last for forever&period;<&sol;p>&NewLine;<p align&equals;"justify">•&&num;160&semi;&&num;160&semi;&&num;160&semi; Joint with its winning commerce mock-up&comma; Avis is near the beginning entrance has permitted it to keep a high relation market split in the online Automobile leasing production&period;<&sol;p>&NewLine;<p align&equals;"justify">•&&num;160&semi;&&num;160&semi;&&num;160&semi; They own and manage most Avis and Budget car rental offices in North America&comma; Europe and Australia&comma; and operate primarily through licensees in other parts of the world&period; <&sol;p>&NewLine;<p align&equals;"justify">•&&num;160&semi;&&num;160&semi;&&num;160&semi; Avis Budget Group has approximately 29&comma;000 employees and it’s headquarter is in Parsippany&comma; N&period;J&period; <&sol;p>&NewLine;<p align&equals;"justify">•&&num;160&semi;&&num;160&semi;&&num;160&semi; The Company has three in service regions&colon; North America&comma; Europe&comma; Middle East &amp&semi; Africa &lpar;EMEA&rpar; and Latin America&sol;Asia Pacific&period; <&sol;p>&NewLine;<&excl;-- WP QUADS Content Ad Plugin v&period; 2&period;0&period;95 -->&NewLine;<div class&equals;"quads-location quads-ad2" id&equals;"quads-ad2" style&equals;"float&colon;none&semi;margin&colon;0px 0 0px 0&semi;text-align&colon;center&semi;">&NewLine;&NewLine;<&sol;div>&NewLine;&NewLine;<h3>Weaknesses<&sol;h3>&NewLine;<p align&equals;"justify">•&&num;160&semi;&&num;160&semi;&&num;160&semi; Avis frequently has problem in dealing with new customers&comma; when a new vehicle is in the market&period;<&sol;p>&NewLine;<p align&equals;"justify">•&&num;160&semi;&&num;160&semi;&&num;160&semi; The corporation recognizes it possible unbeneficial in the extensive run to buy more vehicles very shortly to hand&&num;160&semi; out the rush when an automobile leasing initial becomes obtainable&comma; that is difficult for the company to make it in the rush&period;<&sol;p>&NewLine;<p align&equals;"justify">•&&num;160&semi;&&num;160&semi;&&num;160&semi; Clients have taken on to the truth that Avis and Budget just deals an imperfect amount of new discharges right away&comma; choosing to stay behind a rareness of weak to purchase the size of its provide at inferior expenses&period; <&sol;p>&NewLine;<h3>Opportunities<&sol;h3>&NewLine;<p align&equals;"justify">•&&num;160&semi;&&num;160&semi;&&num;160&semi; Distributing their renting deals directly to computers of clients is possible to be the after that uprising in how customers can fix a deal over the internet just by sitting in their homes&period;<&sol;p>&NewLine;<p align&equals;"justify">•&&num;160&semi;&&num;160&semi;&&num;160&semi; Luckily for Avis and budget&comma; this service is currently available as a per-screening basis&period;<&sol;p>&NewLine;<p align&equals;"justify">•&&num;160&semi;&&num;160&semi;&&num;160&semi; Avis is able to start of this possibility if it is successful providing streaming satisfied to a client on a point in time practice base rather than a per-screening basis&period;<&sol;p>&NewLine;<p align&equals;"justify">•&&num;160&semi;&&num;160&semi;&&num;160&semi; By setting up their business in other countries they will be known globally&period; <&sol;p>&NewLine;<h3>Threats<&sol;h3>&NewLine;<p align&equals;"justify">•&&num;160&semi;&&num;160&semi;&&num;160&semi; If Avis were to drop its natural&comma; dependable image&comma; it might not know how to keep sufficient of the marketplace to continue to exist&period;<&sol;p>&NewLine;<p align&equals;"justify">•&&num;160&semi;&&num;160&semi;&&num;160&semi; They might face some loss in the future because many companies are coming with some good dealing points&period; <&sol;p>&NewLine;<h3>References<&sol;h3>&NewLine;<p align&equals;"justify">•&&num;160&semi;&&num;160&semi;&&num;160&semi; Avis Budget Group&period; Official Website&colon; &lpar;www&period;avisbudgetgroup&period;com&rpar; Retrieved&colon; 4 Nov&comma; 2012<&sol;p>&NewLine;<p align&equals;"justify">•&&num;160&semi;&&num;160&semi;&&num;160&semi; Yahoo Finance&colon; &lpar;US&period; Avis budget car rental&rpar; &lpar;2012&rpar;&period; Available at&colon; http&colon;&sol;&sol;finance&period;yahoo&period;com&sol;news&sol;avis-budget-group-honors-avis-150000108&period;html Retrieved&colon; 4 Nov&comma; 2012 &NewLine;<&excl;-- WP QUADS Content Ad Plugin v&period; 2&period;0&period;95 -->&NewLine;<div class&equals;"quads-location quads-ad3" id&equals;"quads-ad3" style&equals;"float&colon;none&semi;margin&colon;0px&semi;">&NewLine;&NewLine;<&sol;div>&NewLine;&NewLine;

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