in the subject‚ and/or be the most recent information possible. Being up to date on information is important because something could have changed in the last month or even year. As my team and I are collaborating to write a feasibility report for Lotus Rental Cars CFO pertaining to implementing alternative fuel vehicle to the company. We have been reviewing creditiable references to ensure that we have the most up to date information on alternative fuel available. All the information provided
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A car rental company gives automobiles on hire for a particular period of time for a fee. A car may be rented for a few hours or even for few months at a stretch. The global car rental market primarily serves people who temporarily need a vehicle. Car rentals garner a lot of interest from customers going on vacation. It also serves as a good option when people need an extra vehicle just for a couple of days or when a customer’s own car is unavailable. From economy cars to luxury cars and SUVs
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Seminar 2 Case 1 (Case 3.2 Nathan Johnson’s Rental Car Reimbursement) 1) If Nathan submits the invoice for $40 higher as the HR managers suggested‚ his actions would not be ethical. He found an error on the invoice and knew he was not responsible for the charges and decided to contact the car rental company to have the charges refunded. Even though the HR manager felt the amount was not material enough to reach their threshold‚ it is still unethical to overbill the firm when these charges are
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Contribution Margin and Break Even Point by ACC 202 Trident University July 22‚ 2011 Contribution Margin and Break Even Point I’m going to discuss Contribution margin and what it is and how it relates to companies and profits. Contribution margin is the amount remaining from sales revenue after variable expenses have been deducted. It is the amount available to cover fixed expenses such as lease agreements and then to provide profits for the period. Contribution margin is first
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kilograms by the square of person ’s height in meters. Evidence shows childhood obesity to be associated with depression‚ especially among the very obese. Overall self-esteem is lowered and the cost to peer interactions is also noted in social network analysis. Recent research has shown 58 % of children with a BMI above the 95th percentile have hypertension‚ hyperlipidemia‚ or insulin resistance. Twenty five percent have two or more of these (Rudolf‚ 2004). Child and Adolescent Food and Nutrition Programs
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Lotus Car Rental Alternative Fuel Assessment Erik Larson‚ Linda Sherman‚ Christopher Sessoms Comm/215 February 2‚ 2013 Winifred Winstead Donnelly Introduction The creation of a fleet of alternative fuel sourced automobiles would be a wise decision for the Lotus Car Rental Company. There are two major issues that are on the minds of people these days‚ the environment and money. By creating a fleet of alternative fuel based automobiles the Lotus Rental Care Company can help ease the fears
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Case Study of “Beacon Car Rental” Henry was the senior vice president of operations. Tony was the chief marketing officer‚ and they were talking about Beacon’s latest acquisition—VillageCar. But they seemed to have different opinions on it. The most important thing was—could an auto rental company fully integrate its car-sharing start-up without losing customers? A week later Henry went to Tony’s office and set a paper down on his desk; it was an article from the Journal of Consumer Research which
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Paper - Lotus Rental Cars University of Phoenix Essentials of College Writing COMM/215 Final Research Paper - Lotus Rental Cars This paper will focus on preparing an assessment for Lotus Rental Car’s Chief Financial Officer on the feasibility of adding alternative fuel vehicles to the fleet. Although there are many forms of alternative fuel vehicles‚ this study will primarily focus on the use of hybrid vehicles at Lotus Rental Cars. We will discuss the background of Lotus Rental Car’s current
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3.3 Evaluate break-even analysis as a decision-making tool. The definition of the Break-even analysis: The break-even analysis is an analysis of a product or company’s sales required to neither lose money nor make a profit‚ but simply to cover costs. Explain in mathematical term: total revenues – total costs = 0. The methods: By using a break-even formula or by drawing a break-even chart. Why is it so important using a break-even analysis? Because it gives vital information about a business or
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The company was established in 1937 by the Deutsche Arbeitsfront‚ the Nazi Trades union organization (Bowler‚ 2015). The company was named Volkswagenwerk‚ or “The People’s Car Company.” because Adolf Hitler has a vision to produce cars for people of the Reich. Hitler proposed that the car should carry 5 people‚ able to run at 62mph (100km/h)‚ and cost only 1000 Reich Marks (around $160) which supposedly affordable for every Reich family (Knorr‚ 1998). His vision made reality by an Australian automotive
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