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Transcript of Enterprise Strategy Report Group 23
Company Analysis Report
ABSTRACTThe car rental industry is highly
competitive with Enterprise Rent-A-
Car’s biggest rivals being Hertz and
Avis. Whether it is through price, newer
fleets, or upgradable features,
companies consistently have to try to
differentiate themselves from their
competition, and Enterprise has
managed to do this by maintaining a
high level of customer service.
Group 23
Word Count: 3331
Module title Business Strategy (MT301)
Lecturer Malcolm Brady & Donal O’Brien
Company Enterprise Rent-A-Car
Team Members Ciarán Smith BSi4 12362716
Jack Sheehan BS3 11461552
Sarah Branagan BS3 13735621
Barry Murphy BS3 12501203
Submission Date Friday 11th December 2015
1
Table of Contents
Executive Summary...............................................................................................................................2
Introduction...........................................................................................................................................2
Company Overview...............................................................................................................................2
Detailed Analysis..................................................................................................................................3
1.1 Technique: Current Strategy............................................................................................................3
1.1 Performance.................................................................................................................................3
1.2 Consistency and Fit.....................................................................................................................4
1.3 Competitive Advantage...............................................................................................................5
1.4 Justification for use of technique.................................................................................................5
2.0 Technique: Value Chain Analysis...................................................................................................5
2.1 Activity Analysis.........................................................................................................................5
2.2 Value Analysis.............................................................................................................................6
2.3 Evaluate Changes and Plan for Action.........................................................................................7
2.4 Justification for use of technique.................................................................................................7
3.0 Technique: Porter’s 5 Forces...........................................................................................................7
3.1 Industry Rivalry- High.................................................................................................................7
3.2 Bargaining Power of Suppliers- Low...........................................................................................8
3.3 Threat of Substitutes- High..........................................................................................................8
3.4 Bargaining Power of Buyers- Low..............................................................................................9
3.5 Threat of New Entrants- Low......................................................................................................9
3.6 Justification for use of technique...............................................................................................10
4.0 Technique: Competitor Analysis...................................................................................................10
4.1 Justification for use of Technique..............................................................................................12
Recommendations to Senior Management...........................................................................................12
Conclusion...........................................................................................................................................13
Learning Outcomes Achieved.............................................................................................................13
Appendix.............................................................................................................................................14
Bibliography........................................................................................................................................18
Company Analysis Report Group 23
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Executive Summary
The objective of this report is to provide a detailed strategic analysis of the car rental industry
and Enterprise Rent a Car.
A company overview will provide detail on Enterprise, its growing popularity worldwide and
a history on how it was established.
This report will examine the strategic issue of demand planning within Enterprise Rent a Car.
Demand planning can be defined as a “multi-step operational supply chain management
process used to create reliable forecasts. Effective demand planning can guide users to
improve the accuracy of revenue forecasts, align inventory levels with peaks and troughs in
demand, and enhance the profitability for a given channel or product”
(searchmanufacturingerp, 2010).
Four strategic techniques have been carefully chosen in order to analyse the strength of the
company within the industry and how the company’s current strategic issue is affecting its
ability to increase sales.
Recommendations to management will be provided and having gained internal feedback from
within Enterprise, we feel that Enterprise will embrace our proposals.
An assessment of the learning experienced by the team will be evaluated and how the
techniques and justifications broadened the scope of our strategic knowledge and more
specifically, of Enterprise Rent-A-Car.
Introduction
This report presents the argument for a change of internal systems within Enterprise Rent a
Car in order to boost efficiency which will in turn, increase profitability for the company. The
strategic issue of demand planning will be discussed in detail throughout the report and a
recommendation of how management should deal with this problem has been evaluated.
Company Overview
Enterprise Rent-A-Car (ERAC) is a vehicle rental company set up by Jack Taylor in Missouri
in 1957. It was originally called ‘Executive Leasing Company’. The company was renamed
‘Enterprise’ in 1969. Enterprise Rent-A-Car, Alamo Rent-A-Car and National Car Rental are
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subsidiaries of the parent company ‘Enterprise Holdings Inc.’ Enterprise is listed as the 16 th
largest private company for 2015 by Forbes (Forbes, 2015).
Enterprise is known internationally for its excellent customer service and has been ranked on
‘Business Weeks’ list of Customer Service Champs for four consecutive years. The private
company began with seven vehicles and is now the largest car rental company in the world
with over 91,000 employees and over 1.5 million vehicles. Enterprise- Rent-A-Car has an
extensive range of vehicles across 30 countries worldwide and is based in 7,200 locations
(Enterprise Rent-A-Car, 2015).
Detailed Analysis
1.1 Technique: Current Strategy
Strategies constantly change. However, one feature of the Enterprise’s strategy has been
persistent. The consistent emphasis placed on exceptional customer service and employee
relations. According to Thompson, Strickland et al (2007) the criteria for a good strategy are
as follows:
Performance
Goodness of fit
Competitive advantage
1.1 Performance
Net margins - As Enterprise is a subsidiary of Enterprise Holdings it is a privately owned
company and does not share detailed financial information (Enterprise Holdings, 2015).
However, according to Forbes (2015) Enterprise Holdings had revenue of $19.4 billion for
the fiscal year ending July 31, 2015 and is ranked on Forbes list of America’s largest private
companies. See appendix 1.1
Market share - According to The Economist (2014) “a wave of consolidation has left just
three firms- Hertz, Avis Budget and Enterprise- with 95% of the market in America and a
sizable share elsewhere”.
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Market leader - “Hertz Ireland Ltd was the most successful player in car rental in Ireland in
2014 with value sales of €64 million, followed by Europcar who generated sales of €47
million” (Euromonitor International, 2015). See Appendix 1.2
Trends - Implementation of car sharing: This option offers a selection of upheld vehicles at a
reasonable price. These vehicles are available to customers for lengths of time ranging from
an hour to a weekend or longer. There has been an increase in the number of vehicles held at
airport locations. This was set up to accommodate business people giving them the ability to
save time by collecting the vehicle at the airport instead of going off site to an Enterprise
branch. The use of technology has also increased. For example, the use of iPads has been
introduced to speed up check out times for customers returning their vehicles.
Year-on-Year Growth (%) of car rental industry in Ireland
Change View 2011-12 2012-
13
2013-14 2014-
15
2015-16
Car Rental
Ireland - € mn -3.2 -0.6 0.3 2.5 3.2
(Adapted from Euromonitor International, 2015)
As illustrated above, the car rental industry in Ireland has experienced continuous growth
following the financial crisis that occurred in 2007/2008. The table also forecasts a further
increase in 2016. Recent trends indicate that the car rental industry increased marginally in
current value in 2014, rising to €315 million (Euromonitor International, 2015). A major
driver of this growth could be the improving financial environment and the increasing figures
of incoming and national tourists.
1.2 Consistency and Fit
Customer service is the foundation of Enterprise’s strategy. It is measured on the ESQI
(Enterprise Service Quality Index), this is considered the most important metric for the
business. It involves gathering data from customers regarding their satisfaction with the
service they received. This practice is consistent throughout Ireland and all 7,200 locations
worldwide (Enterprise Rent a Car, 2015). The minimum requirement for the ESQI is 85%.
This fits well with the car rental environment as word of mouth can play a huge role in
customer retention.
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1.3 Competitive Advantage
Enterprise achieves its competitive advantage by focusing on achieving superior levels of
customer service than its main rivals. This of course would not be possible without achieving
high levels of performance in other areas such as employment practices, training, structure,
IT and a secure financial position, among others.
Another source of competitive advantage in a cyclical industry is the fact that Enterprise is a
private holding company. This benefits the firm in areas such as control, right to non-
disclosure of reports and tax incentives.
1.4 Justification for use of technique
In light of examining the strategic issue of demand planning previously identified, the first
technique applied was analysing the current strategy of Enterprise Rent-A-Car. This relates to
the need to understand the firm’s current position in the market and part of this analysis
includes observing the financial performance of the firm and market share. The purpose of
selecting this particular strategy for Enterprise is because in any organisation the current
position of the firm should be evaluated before moving forward.
2.0 Technique: Value Chain Analysis
A Value Chain Analysis ‘Describes the full range of activities which are required to bring a
product or service from conception, through the intermediary of production, delivery to final
customers, and final disposal after use’ (Kaplinsky, 2000).
2.1 Activity Analysis
Recruitment
Enterprise seeks ambitious employees with ‘clear goals in their mind’ that have an
approachable personality and can deliver exceptional customer service (Jobs at Enterprise
Rent a Car, 2015).
In a four step selection process Enterprise invests a great deal of time choosing the right
employee. They hope to gain a competitive advantage in the market by having the best
employees. Firms gain this advantage by doing things better & cheaper. Enterprise is
spending more money on this support activity but is hoping to improve it. Recruitment is a
support activity to inbound logistics in Enterprise and the value that derives from the
recruitment comes from excellent customer service and positive customer feedback. An after
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sales service that involves reaching out to the customer up to a week after using a rented
vehicle ensuring customer satisfaction is a primary focus in Enterprise.
Purchasing
Enterprise buy in bulk from car manufacturers and after 2/3 years sell the vehicles off. They
also buy second hand cars and examine the car thoroughly which involves running a
CARFAX Vehicle History Report to get more information on the history of the used vehicle.
Procurement is a support activity in Enterprise’s value chain. With the largest selection of
hybrid vehicles in their fleet, they hope to get value from their differentiation compared to
their competitors.
Selling
After a short life span of 2/3 years of being a rental car, the vehicle is then sold to different
dealers and individuals in a bid to recoup capital invested in them. Depreciation in new cars
is averaged at 20% a year and for a rental car which may have incurred high mileage this
figure could become higher (The AA, 2012). The value from this primary activity is derived
from vehicles being kept in pristine condition while under the control of Enterprise in order
to retrieve money invested in the vehicle.
2.2 Value Analysis
Activity Value Factors Changes Needed
Recruitment Excellent suit to
company’s business
model
Customer satisfaction
New & repeat customers
Cut selection process in half
to save time & resources
Refresher course for current
employees
Purchasing Bulk discounts
Product differentiation
Speed to market
(Reference for Business,
2015)
Find local supplier to cut
costs
Possible switching bonus by
changing supplier
Increase differentiation
Selling Recouping investment
Partnerships with dealers
Hold onto cars for two more
years before re-purchasing
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Reducing debt Fixed buyer of used cars
2.3 Evaluate Changes and Plan for Action
Although a reduction in resources afforded to the selection and recruitment process would
benefit the company in a financial sense, the resources and scheduling required for a refresher
course could see equal costs to the company.
Car manufacturing does not take place in Ireland, meaning Enterprise (Ireland) would be
purchasing from a dealer that has already had the cost of shipping making the financial
benefit minimal. On a global scale, Enterprise has a reliable supply chain in place from
existing suppliers and changing this would not be economically viable.
The current policy of holding onto a new vehicle for 2/3 years is an area to be examined.
Depreciation levels cripple the return on investment. Cars are being built for a longer lifespan
and with manufacturers offering a longer warranty, such as Kia offering a staggering 7-year
warranty (Kia, 2015), the opportunity is there to prolong the lifespan of the rented vehicle.
This new policy would be relatively straightforward to implement into the company.
2.4 Justification for use of technique
Barriers to interregional and international trade have diminished and access to goods and
services has grown. Customers can locate and acquire the best of what they want wherever it
is in the world. By enabling companies to determine the strategic advantages and
disadvantages of their activities and value-creating processes in the marketplace, Michael
Porter’s value chain analysis becomes essential for assessing competitive advantage (Porter,
1991). In an industry with few distinguishing features between competitors, Enterprise’s need
for assessing this aspect becomes crucial. The firm with the best strategy for demand
planning can potentially improve their market share.
3.0 Technique: Porter’s 5 Forces
3.1 Industry Rivalry- High
The car rental industry is highly competitive with Enterprise Rent-A-Car’s biggest rivals
being Hertz and Avis. Whether it is through price, newer fleets, or upgradable features,
companies consistently have to try to differentiate themselves from their competition, and
Enterprise has managed to do this by maintaining a high level of customer service. Enterprise
is ranked first for customer satisfaction in the J.D. Power North America Rental Car
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Satisfaction Study with a score of 831 out of 1000, a 26-point improvement from 2014. The
score is based on cost & fees, pick-up process, return process, rental car, shuttle bus/van and
reservation process (J.D. Power, 2015). The focus on consistently achieving high customer
satisfaction is pivotal to Enterprise Rent-A-Car’s success and allows the company to remain
the biggest market share holder in the industry.
(J.D. Power, 2015)
3.2 Bargaining Power of Suppliers- Low
Suppliers of vehicles to the industry have low bargaining power due to the high competition
between the suppliers. They are not able to increase prices or reduce quantity without the
consequence of companies looking at alternative suppliers. Companies that hold a high
market share and a large fleet, such as Enterprise Rent-A-Car with over 1.5million vehicles,
have power over their suppliers as they can threaten to substitute one supplier for another
which would have a significant impact on the supplier.
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3.3 Threat of Substitutes- High
There is a high threat of substitutes. A car rental company will not only compete with direct
competitors. They also have to consider indirect competition that provide an alternative
solution such as Uber, trains, taxis, local buses, bicycle rental.
3.4 Bargaining Power of Buyers- Low
Due to the increasing number of competitors in the car rental industry consumers have greater
choice among a range of service suppliers. Therefore, customers are the winners between
company and customer bargaining power. If a customer is not satisfied with a price or
service, they are offered by one company they can choose another. For example, at Dublin
Airport the three biggest car rental companies compete side by side. A customer can
approach each company and get a price and ultimately they will go with the best deal. The
customer even has the option of using a different mode of transport i.e. train, bus or walk.
Therefore, the customer has strong bargaining power in the industry as they do not have to
settle for a service that does not meet their standards and needs and can keep searching for an
alternative option. Special offers, discounts and loyalty schemes can help to retain customers
and attract new customers. There was a 13% growth in car rental transactions in Ireland in
2014 which was aided by a 5% increase in inbound tourism to Ireland. This growth resulted
in the transactions numbers equalling those before the financial crisis. However, the value of
transactions is not growing as fast as the volume. The retail value of sales in the industry was
67% higher in 2007 than in 2014.
(Euromonitor International, 2015)
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3.5 Threat of New Entrants- Low
The car rental industry is a financially intensive industry for a start-up company. Enterprise
Rent-A-Car is well established as one of the leaders in the industry with 35% of the market
share. The industry is an oligopoly. There are few large well-known companies that each has
a large market share. It would be difficult to penetrate the market against the established big
brands. There are high initial costs for purchasing or renting an adequate fleet of cars and a
location which may not be attractive for new entrants. If a new entrant comes into the
industry and offers lower prices to convert customers from already known companies this
may be portrayed as a sub-standard, low quality service. They would be competing against
companies that have years of experience, economies of scale, reputation, relationships with
suppliers and buyers and convenient locations which all make the threat of a new entrant low.
3.6 Justification for use of technique
Porter’s five forces give an analysis of the macro-environment of the car rental industry. This
technique helps to identify the strength of the company’s position in the industry against its
direct and indirect competitors. This strength can be capitalised upon to the company’s
advantage to further improve its position. Any threats to a company are also identified and
contingent plans can be put in place to improve the company’s situation in relation to the
threats.
4.0 Technique: Competitor Analysis
Overview/Profile Car Rental/leasing company
with a fleet size of over 1.5
million vehicles in 7,200
locations worldwide (Enterprise,
2015).
Car Rental/Leasing
company with fleet size of
517,500 in 10,880
corporate and franchise
locations worldwide
(Reuters, 2015).
Competitive Advantage Range of vehicles available in
fleet exceeds that of their
competitor. Customer
satisfaction company model is
Hertz have an advantage in
that they have additional
locations worldwide which
allows them to target a
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highly effective and has helped
to maintain their position as
market leader.
broad range of
demographics in diverse
locations compared to of
their competitors.
Target Market Enterprise focuses their energy
in the area of consumers in need
of replacement vehicle resulting
from accident, theft, or
mechanical failure.
Hertz are focused on
businesses where short
term business trips and
vacations are prime targets
for their attention.
Market Share Hold majority of the market
worldwide. (See Appendix 1.3)
Hertz are currently second
in terms of market share in
the car rental industry. (See
Appendix 1.3)
Marketing Strategies Sponsorship deals in Europe and
the US (main market) for
example; Europa league,
National Collegiate Athletic
Association, National Hockey
League. Eccentric television
commercials are also an
Enterprise trademark.
Hertz have focused on
location of branches.
Locations have been added
to main airports as well as
regional which has pushed
the brand and created
publicity in the market
place.
Products/Services Enterprise offer a range of high-
class vehicles that are reliable
and available when needed for
numerous occasions. The
vehicles range from top of the
line, to basic family cars for
vacations.
Hertz also offer a range of
vehicles with electric cars
an attractive feature to their
fleet. They also have a
large range of vehicles but
do not have the current
range that enterprise offer.
Pricing/Costs Competitive pricing strategy,
where promotions are offered
when vehicles are required for
over a month.
Members are charged an
hourly or daily car-rental
fee which includes fuel,
insurance, round the clock
roadside assistance and in-
Company Analysis Report Group 23
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car customer service.
Distribution Channels Vehicles are distributed through
branch locations at Airports and
built up areas primarily.
Hertz distribution channel
is similar to that of
Enterprise in that they have
locations at main airports,
they have also targeted
more regional areas to
distribute their vehicles to
customers.
4.1 Justification for use of Technique
The reasoning behind choosing this technique was that comparing a competitor is useful as it
allows a detailed inspection into Hertz in this case. It highlights the competitor’s particular
strengths and weaknesses and areas where Enterprise Rent-A-Car can find opportunities to
grow into the rental market even further. Breaking down a profile of each rental company is
valuable as it shows minor variances between each company and how they achieve their
share in the market is identified.
The strategic issue that currently faces Enterprise is demand planning as it is difficult to
forecast direct customer requirements. Hertz also face the issue of demand planning as it is a
common feature in the rental market. However, Hertz combats this issue more effectively.
They have a forecast system that allows them to estimate what cars are needed based on a
number of travel factors and economic trends taking place in the world.
Recommendations to Senior Management
In analysing the company and industry in detail, it appears that Enterprise is currently in a
strong position within the car rental industry and the future looks positive. However, the area
of demand planning can be improved.
The current system is inefficient. It is known as the “days earned system” and there is no
limit to the amount of reservations that can be made. You have to physically ring and
manually stop reservations. Theoretically, for example, there is nothing to stop a thousand
reservations being made overnight if the system is not manually halted. This system is out of
date as it allows more than one person to book a car thus creating an overflow of demand this
Company Analysis Report Group 23
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puts pressure on enterprise to retrieve new vehicles for customers. The recommended course
of action is a live booking system. This would automatically prevent any bookings being
made once Enterprise becomes overbooked. This could create a direct correlation between
what cars are available and what cars are rented.
The justification for the implementation of such a system is that the time and capital
investment required in the implementation is minor relative to the positive effects it could
have such as improving customer service and revenue. In addition to this, having interviewed
Adam Martin, the fleet manager at Enterprise Rent a car in Dublin airport, he expressed his
dissatisfaction at the current system and the need for its improvement. We believe our
recommendation is feasible and this opinion was shared by Adam Martin throughout several
interviews.
Conclusion
The objective of this report was to provide a detailed analysis of Enterprise Rent-A-Car and
the car rental industry in light of identifying demand planning as a strategic issue. In order to
effectively achieve this, we examined the following four techniques.
The first technique applied was the current strategy. A strategy emphasising exceptional
customer service has resulted in Enterprise currently operating in an exceptionally strong
position. Secondly, a value chain analysis was carried out which demonstrated that despite
Enterprise’s sustained success, areas exist that can be improved such as the lifespan of rented
vehicles. Thirdly, Porter’s 5 Forces was used. This revealed that forces such as industry
rivalry and threat of substitutes are both areas of concern. Lastly, a competitor analysis was
carried out with main rival Hertz. This exposed the areas where Hertz outperforms Enterprise
such as the number of locations and business rentals.
Having previously identified the issue of demand planning within Enterprise, this in depth
analysis gave us the opportunity to learn more about the ways both Enterprise and the car
rental industry operate as a whole. This greater understanding allowed us to evaluate the
feasibility of our recommendation more effectively. The recommended course of action is a
live booking system, automatically preventing the fleet being overbooked and creating a
direct correlation between cars available and cars rented.
Company Analysis Report Group 23
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Learning Outcomes Achieved
A comprehensive understanding of the car rental industry has been acquired by analysing
Enterprise Rent a car and the industry as a whole. Each technique used, allowed us to
examine the strategic issue of ‘Demand Planning’ which Enterprise face whilst giving us the
opportunity to learn more about the industry and firms which compete in the market.
Enterprise currently hold the largest share of the market. This is a direct result of the unique
understanding they have with customers and what levels of service to provide at critical
times. Our team has learned that by placing the needs of the customer first, it can allow you a
platform to strive for continued excellence in the service you provide.
In a competitive market with fine margins between competitors, our team has seen how
strategic issues can affect a company’s performance. A company must align the goals of the
company with its strategic planning in order to achieve maximum output.
The astute purchasing & selling methods that Enterprise employ allow a base for Enterprise
to boast excellence in customer service by only offering modern, state-of-the-art vehicles to
wanting customers.
Enterprise control the largest fleet size of all firms in the vehicle rental industry. It has been
accomplished through astute purchasing methods. Enterprise has a system of buying in bulk
every 2/3 years and selling on vehicles ever 2/3 years which gives the company state of the
art fleet including a wide range of hybrids. It is an excellent method of keeping top of the
range vehicles within the fleet.
Different strategic techniques enabled us to examine various elements of both Enterprise and
the industry itself. It was important for us to learn the key differences in company and
industry analysis techniques. Knowledge of Enterprises main competitor ‘Hertz’ was
emphasised using a competitor analysis technique and it allowed benchmarking which helped
the team recognise the real strengths of Enterprise over Hertz.
In our recommendations, the team applied new technologies to an out-dated system which
previously dealt which the ‘Demand Planning’. This proposed modification to utilise new
technologies to improve efficiencies is a strength of our ability to recognise modern trends.
Our team has thoroughly enjoyed studying this industry and feel new insight into a previously
unknown market has been learned.
Company Analysis Report Group 23
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Appendix
1.1 Enterprise Holdings additional information
(Enterprise holdings, 2015)
1.2
Hertz is acknowledged as the market leader whose European HQ is located in Dublin. A
reason for this may be its long standing association with Ryanair. “Hertz has a longstanding
association with Ryanair and its Irish operation benefits greatly from the huge numbers of
inbound tourists flying into Ireland with Ryanair, many of whom book their car rental at a
time that they are booking their flights” (Euromonitor, 2015).
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1.3 Table illustrating the market share of Enterprise & Hertz
(Auto Rental news, 2014).
1.4
Minutes taken from Team Meetings:
We decided as a team to meet every Tuesday after our 10am lecture for two hours. Each
week we would rotate whose responsibility it was to book a study room in the library.
Our team recognised the importance of this continuous Assessment. We understood that
being a 10 credit module, it would require an increased work ethic to achieve high grades.
The Company chosen accompanied by a brief summary was submitted in week two. This was
done prior to any meeting and was discussed through a forum on social media.
3/11/2015
This was our first formal meeting.
We broke down the assignment using the rubric available from ‘Loop’ and thought of various
ideas on how to approach the written report.
We discussed the strategic issue of Enterprise Rent a Car as a team.
Company Analysis Report Group 23
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Our goal for the next meeting was for each team member to conduct basic research and
background on the company.
10/11/2015
In our second meeting we were extremely productive. The written assignment was split up
and we each had our own parts to complete. Some of the larger sections were to be completed
as a team.
We discussed our forthcoming presentation. An initial theme was chosen for our power point
and we began drawing up slides.
We agreed who would talk during the presentation and the order in which we would speak.
We treated the presentation with a serious level of respect. Again, we used the rubric
available on ‘Loop’ to ensure we hit all necessary targets i.e we included role play and
handed out Enterprise merchandise to a lucky audience member.
16/11/2015
The day of our presentation we arrived into DCU in formal attire and found a classroom in
the Henry Grattan where we practiced our presentation for several hours.
Each team member was fully assured and prepared heading into the presentation. It had been
timed in advance as we were extremely cautious of exceeding the time frame allowed.
17/11/2015
We had a relatively short meeting on the 17th. We reviewed each other’s progress on the
written report and analysed our performance in our presentation which had been completed
the previous week.
24/11/2015
Each team member had their individual parts completed. We pieced the project together and
recognised that we still needed to do a considerable amount of work in editing & formatting.
01/12/2015
The project was complete. We printed copies of the project to review and still found some
errors and paragraphs which needed work.
Company Analysis Report Group 23
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The meeting was adjourned early and we were due to finish the project in our final meeting
the following week.
17/11/2015
We had a relatively short meeting on the 17th. We reviewed each other’s progress on the
written report and analysed our performance in our presentation which had been completed
the previous week.
24/11/2015
Each team member had their individual parts completed. We pieced the project together and
recognised that we still needed to do a considerable amount of work in editing & formatting.
01/12/2015
The project was complete. We printed copies of the project to review and still found some
errors and paragraphs which needed work.
The meeting was adjourned early and we were due to finish the project in our final meeting
the following week.
08/12/2015
In our final meeting we asked our team to air any discontent they might have with the project
we were submitting. As a team, we agreed upon no new radical changes to the project, and
the final touches were applied.
In our final meeting we asked our team to air any discontent they might have with the project
we were submitting. As a team, we agreed upon no new radical changes to the project, and
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Company Analysis Report Group 23
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