Do you consider the founders of Zipcar to be business model innovators? If so, why do you
Question:
Do you consider the founders of Zipcar to be business model innovators? If so, why do you think a traditional car rental company, like Hertz or Avis, didn’t bring car sharing, as an alternative to car ownership or car rentals, to America rather than Zipcar?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (QA)
Yes the founders of Zipcar can be considered business model innovators They introduced the concept of car sharing to America offering a new approach t...View the full answer
Answered By
Ayush Mishra
I am a certified online tutor, with more than 3 years of experience in online tutoring. My tutoring subjects include: Physics, Mathematics and Mechanical engineering. I have also been awarded as best tutor for year 2019 in my previous organisation. Being a Mechanical Engineer, I love to tell the application of the concepts of science and mathematics in the real world. This help students to develop interest and makes learning fun and easy. This in turn, automatically improves their grades in the subject. I teach students to get prepared for college entry level exam. I also use to teach undergraduate students and guide them through their career aim.
5.00+
2+ Reviews
10+ Question Solved
Related Book For
Entrepreneurship Successfully Launching New Ventures
ISBN: 9780132555524
4th Edition
Authors: Bruce R. Barringer, R. Duane Ireland
Question Posted:
Students also viewed these Business questions
-
Zipcar is a subsidiary of Avis Budget Group which acquired it in 2013. Originally Zipcar was founded by Antje Danielson and Robin Chase in 2000. Zipcar's famous tagline: "Wheels when you want them"...
-
Car sharing is a growing and competitive business in the United States. Scott Griffith, Chairman and CEO of Zipcar, is considered a leading authority in the industry. Under his command, Zipcar, which...
-
Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...
-
Alexa owns a condominium near Cocoa Beach in Florida. In 2022, she incurs the following expenses in connection with her condo: Insurance $ 3,900 Mortgage interest 10,700 Property taxes 3,000 Repairs...
-
What function does a small firm's sign serve? What are the characteristics of an effective business sign?
-
12 15 Question 18 (3.5 points) You plan to retire 38 years from now. You expect that you will live 24 years after retiring. You want to have enough money upon reaching retirement age to withdraw...
-
Based on the information that you derived, would you sell any of the ten stocks that you selected?
-
In an experiment designed to test the output levels of three different treatments, the following results were obtained: SST = 400, SSTR = 150, nT = 19. Set up the ANOVA table and test for any...
-
1. The percentage change in price of a bond if annual duration is 3.5, annual convexity is 1.7 and the change in absolute yield is 240bps? A. 0.8% B. 8.4% C. 10.4% D. 1.0%
-
Jane Rowan is an experienced business consultant. Through working with clients, she has noticed that many companies have business concept blind spots. How can having a business concept blind spot...
-
Carol Schmidt plans to open a company that will make accessories for smartphones. She has read that having a clearly articulated business model will help all the elements of her business fit...
-
Prove that successive terms in the sequence first increase and then decrease (C).
-
What is judgement sampling?Explain with a suitable example.
-
What is convenience sampling?Explain with a suitable example.
-
Customer Distribution Channels (all amounts in thousands of U.S. Dollars) Wholesale Customers Retail Customers Total Total N. America S. America Total Wholesale Wholesaler Wholesaler Retail Green...
-
MA Assignment 3 Motor Tyres manufactures one size of tyre in each of its production lines. The following information relates to one production line for the most recent period. The company uses the...
-
Describe an operational unit within an organization, and define the mission statement, goals, and operational objectives for the unit. The operational unit should be an organization they would like...
-
Find the average value of f(x) = (x2 -1)/x, 1 x 7.
-
A firm has the following balance sheet: Assets Cash Accounts receivable Inventory Plant and equipment $ 15,000 150,000 92,000 170,000 $427,000 Liabilities and Equity Accounts payable Long-term debt...
-
1. What are the advantages and disadvantages of Wahoos Fish Tacos slow growth philosophy of franchise expansion? 2. Spend some time looking at Wahoos Fish Tacos Web site, focusing particularly on its...
-
1. To what degree do you think Quiznos brand has been permanently damaged by its missteps? Is Quiznos doing everything it can to repair its brand? What, if anything, would you do differently to...
-
1. The following sentence appears early in this chapter: There are three reasons that most entrepreneurial ventures need to raise money during their early life: cash flow challenges, capital...
-
Create a Data Table to depict the future value when you vary the interest rate and the investment amount. Use the following assumptions: Interest Rates: Investment Amounts:-10.0% $10,000.00 -8.0%...
-
Isaac earns a base salary of $1250 per month and a graduated commission of 0.4% on the first $100,000 of sales, and 0.5% on sales over $100,000. Last month, Isaac's gross salary was $2025. What were...
-
Calculate the price, including both GST and PST, that an individual will pay for a car sold for $26,995.00 in Manitoba. (Assume GST = 5% and PST = 8%) a$29,154.60 b$30,234.40 c$30,504.35 d$28,334.75...
Study smarter with the SolutionInn App