Avis Europe Good Corporate Citizens of the Society Essay

Avis Europe Good Corporate Citizens of the Society - Essay Example The company is now enjoying around 16% market share in U.K. The company provides rental stations through three business formats such as corporate locations, agency location and franchise location. The Budget variety, belonging to Avis Europe in March 2003, provides for customers in above 1,000 places within 65 countries. These are contract-based firms with corporate offices in Austria and Switzerland, France and the UK.   Avis Europe aims to be the leading rental car company while maintaining very high ethical standards. Avis works on the Philosophy of ‘Kaizen’ or Continuous Improvement, which they coin by the phrase â€Å"We Try Harder†. A person named Warren Avis founded Avis Europe. He was a war pilot who after being discharged from US war force came out to design his car rental company. He thought of tapping the niche market of Airport Car Rental Service. The first airports the company tapped were Miami and Detroit. The success of the company can be traced from the fact that in about seven years it rose to the second position behind companies like Hertz and Lazard Freres. Keeping in mind the philosophy of continuous improvement their mission is to build a long-term relationship with stakeholders in the business. They also consider customer loyalty as the focus area. According to a survey report prepared by U.S research organization, Avis is one of the top companies from the vi ewpoint of customer loyalty. Retention of customers in a highly competitive market is always a difficult task. Therefore, they are very much focused on this. In terms of their vision, Avis Europe wants to establish themselves as good corporate citizens of the society. Gaining customer loyalty is their prime goal in this respect. They are also adopting many strategies to project themselves to the society as a good & responsible company. They are equally caring about their employees, suppliers, shareholders,  environment community and society.  

Article that illustrates supply and demand Example | Topics and Well Written Essays - 250 words

That illustrates supply and demand - Article Example Additionally, apart from the global shift in the oil pricing, the US economy is rebounded from the eight months low profitability index in that period. Fluctuations in oil pricing have a prominent effect on the nation’s economic activities, which directly related to the economic growth. In this context, every respective activities of the nation are identified to be depended on the oil prices due to globalization and liberalization, which led to high reliance over the import and export operations. The changes in the prices of the oil will have transformed the real pricing of goods and/or services. Moreover, prices are one of the key variables in the economic term, which highly affects the demand along with supply of the same. In this regard, it can be stated that the major determinant of the oil prices includes the demand as well as supply and the market sentiment. Moreover, different nations are also identified to have high contribution towards oil consumption, which correspon dingly affects the pricing policies. While, assessment of the article it can be recognized that rise in the oil price will decelerates economic growth of the US in much higher extent. The country is not much dependent to the import of oils because of the dependence of other countries on the goods as well as services offered by the US have developed better competitive advantage globally. The article significantly notified that with the fall in oil pricing in the global market, the US and global benchmarked oil pricing has been narrowed down. Moreover, relatively cheap oil pricing in the US have encouraged various refineries to process more crude at a higher rates and with this significant reason the demand of the US crude oil has raised apart from the variation in the global oil prices (Friedman,