Tuesday, April 30, 2019

Enterprise Car Rental Essay Example | Topics and Well Written Essays - 3000 words

Enterprise Car Rental - assay ExampleAccording to the paper, the company built the largest car rental sword in North America. The brand is widely known for low rates that are exceptionally as well as bully customer service. The brand has effective product and service offering methodologies in resemblance to marketing. Regarding the companys management it has successfully showed tremendous leadership that has deepen its operations worldwide. Motivation among employees in the company has been achieved then promoting entrepreneurial spirit among them thus enhancing and encouraging high productivity. Enterprise Car Rental has established a consumer oriented strategy in relation to marketing that is of bang-up importance to success. The company though has been impertinent by stiff competitions from its main competitors. Enterprise not only sells services, it also brings an experience that is real in the market industry. A market Development Strategy has been followed by the compan y rigorously since it has put great feat to an existing product(car-rentals) regarding the new market. Earning of profits that are high in the market that is untapped has been enhanced by the effective strategy. A rapid growth has been depicted in the Enterprise recently. The opportunities in relation to particular segments of market are now realized by competitors. Therefore, they are putting great effort to enormously build up their strengths in those realized branches. New entrants have posed a meaningful competition in the same segment of market. Therefore, Enterprise is gradually becoming saturated in its merchandise Development Strategy thus becoming obsolete. There will be no development board in the market soon because of the stiff competition that is slowly lowering demand from its consumers. For the Enterprise to go back its stability in the market context, they should switch over to a more advanced Market acuteness strategy to attempt.

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