...One hotly contested and highly competitive industry is the movie rental business. You can rent videos from local video rental stores, you can order pay-per-view from the comfort of your own home, and you can rent videos from the Web at such sites as Netflix. Using Porter's Five Forces Model, evaluate the relative attractiveness of entering the movie rental business. Is buyer power low or high? Buyer power in movie rental business can be considered very high. As mentioned in the question, customers have wide range of choices to rent movies, from local stores to pay-per-view, to Red Box at most of national grocery chains, to online streaming and renting such as Netflix, Hulu, etc… With the technology for Internet TV in many homes today, customers can sit back on their couch and enjoy the convenience of watching any movies on demand at their fingertips, provided by Netflix, Hulu, Amazon or iTunes. Is supplier power low or high? Supplier power is low in movie rental business. Brick-and-mortal movie renting stores such as Blockbuster, Hastings, or local stores are losing their grounds in this battle for customers because they may not have the tremendous amount of copyrights to movies or the capacity of their stores to keep those DVDs. Online, there are more and more competitors joining the business, such as Netflix, Hulu Plus, Amazon Instant Video, and Apple iTunes. Each of these online competitors has obtained rights to a huge selection of movies, and the advantage of...
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...ONLINE VEHICLE RESERVATION AND RENTAL SYSTEM CHAPTER 1 INTRODUCTION The advantage of having a car is that you can travel anywhere you want at any time without having to transfer from one vehicle to another. But it is not easy for an individual to have a car. Mainly because all cars are expensive and not affordable. That’s why some organizations offer a rent a vehicle service. Customers can call or walk-in in order to rent or reserve a vehicle. The current system is maybe error prone and customers are dissatisfied. An Online Vehicle Reservation and Rental System is being considered in order to reduce and totally eliminate loss of customers to competitors, and save the company from folding up. OBJECTIVES GENERAL OBJECTIVE OF THE STUDY To develop an Online Vehicle Reservation and Rental System to automate vehicle rental and reservation so that customers do not need to walk-in or call in order to reserve a vehicle. SPECIFIC OBJECTIVES OF THE STUDY * To develop a system that will allow the customers to reserve and rent a vehicle online from anywhere within the country * To make the car rental and reservation more convenient for the customers * To develop a system that can keep track of all vehicle reservations and returns SIGNIFICANCE OF THE STUDY This study was made to find out that the use of online rental system can lessen the time and effort consume by the customer in reserving and renting vehicles. Every work process activity is done by computer means...
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...A car rental or car hire agency is a company that rents automobiles for short periods of time (generally ranging from a few hours to a few weeks) for a fee. It is often organized with numerous local branches (which allow a user to return a vehicle to a different location), and primarily located near airports or busy city areas and often complemented by a website allowing online reservations. Car rental agencies primarily serve people who have a car that is temporarily out of reach or out of service, for example travellers who are out of town or owners of damaged or destroyed vehicles who are awaiting repair or insurance compensation. Because of the variety of sizes of their vehicles, car rental agencies may also serve the self-moving industry needs, by renting vans or trucks, and in certain markets other types of vehicles such as motorcycles or scooters may also be offered. Alongside the basic rental of a vehicle, car rental agencies typically also offer extra products such as insurance, global positioning system (GPS) navigation systems, entertainment systems. Although some car rental companies provide self-moving cars which are often trucks and vans to customers with house moving purpose, most car rental companies offer cars such as economy cars, midsize cars, full size cars, standard cars, premium cars, SUV mostly to travelers. From this point, Car rental companies provide transportation for travelers who temporary need cars in the travel destination, so car rental...
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...Movie Rental Industry Introduction People born in the early 80’s have the advantage of experiencing the digital age from birth. Today people can go online to Netflix, Blockbuster, or VUDU and rent a movie to stream immediately to their flatscreen HDTV or computer monitor. This is a far contrast from mom and pop VHS video rental stores that emerged in the late seventies and early eighties. The immediate download of videos without having to drive to a brick and mortar building to return the video without incurring late fees is a thing of the past. In 1977 George Atkinson opened the first video rental store in Los Angeles offering videos for rent at $10 a day with a $50 or $100 membership to raise capital[1]. Since that first home theater store George opened, there have been a plethora of mom and pop video rental stores that sprouted up. As video renting became more popular due to the availability of the VHS recorder and the DVD player, larger movie rental chains entered the market with better buying power and lower prices. These larger chains were able to offer rental movies at lower prices with a larger selection[2]. The technology revolution has changed the landscape of video renting. Using Porter’s Five Forces model, entrance into the video rental business will be examined. Technologies used to stream movies, download full length movies, renting movies from store front, and renting from kiosks are the available avenues for the budding entrepreneur. With new...
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...CRU Computer Rentals (Operational Management Assignment) Executive Summary CRU is one of the two national computer rental companies. They purchase CPU, monitor, printer and other peripherals and rent them out for long term leases and short term rentals. The case covers the problem faced by the company in 1997 when the rental market started to decline and the efforts by the company to bring up the sales plunged the company to losses. Problem Statement In 1996, they had a revenue of 15 million$ and the average number of units that were on rent was at 1000 units per week. But at the beginning of 1997, the rental market began to decline and the demand fell down to 600units per week at CRU. This was a matter of grave concern to CRU and they desperately thought of ways to bring up the utilization rate. To get around the issue, they started offering some customer incentives and also started offering bonus payments to the sales staff for new demand generated. As a result of this, the sales went up to 1400 per week with 600 of them going for 8 weeks and the remaining for 4 weeks. The average time per buffer was kept the same as that of 1996. As a result of this effort, the revenues and utilization rates went up. But contrary to the expectations of the CEO who considered utilization rate as a good figure of performance of the company, the net profit went negative. The problems here are as listed below. 1) What went wrong with the decision to launch the sales drive? What...
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...services do you use to rent movies through (check all that apply)? Movie Rental store Netflix Redbox iTunes Cable Service Other Which service do you use the most to rent movies through? Movie Rental store Netflix Redbox iTunes Cable Service Other A year ago which service would you have used the most to rent movies from? Movie Rental store Netflix Redbox iTunes Cable Service Other Have your habits changed in the last year when renting a movie? Yes No On average how many movies do you buy in a month? 1 or less 2-4 4-6 6 or more What is your movie knowledge? Very knowledgeable Knowledgeable Somewhat Knowledgeable No knowledge Please rank the genre that you like the best from 1 to 9, 1 being your most favorite and 9 your least favorite. - Action/Adventure __________ - Romance __________ - Comedy __________ - Drama __________ - Horror __________ - Musical __________ - Children/Family __________ - Documentary __________ - Sci-Fi/Fantasy __________ How much do you spend on movie rentals a month? 0-5 dollars 5-10 10-15 15-20 20 or more When renting movies do other people influence what you rent? Very Often Often Sometimes Not Often Never How has the internet affected the number of movies you currently rent? Increased the number of rentals Stayed the same Decreased the amount I rent When choosing your rental service rate thiese factors in which is most important to you (1 is the most...
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...Rental car industry is a multibillion industry which needs proper management for it to bear good returns. Unlike other service industries, the car rental service is highly consolidated which gives new players into the business a cost disadvantage incurred from the high input cost and low economies of scale at the same time. This industry has become more competitive and a big chunk of the competition comes from two main sources within the market chain, these are leisure and corporate segments. The major players in the market have established networks of collaboration and deals with majority of the leisure segments and corporate leaving only a smaller percentage for other smaller car rental companies. But that does not rule out the possibility of competition among the major players (Jim Suhr, 2004). Developing of a proper working culture is a step towards revival of the car rental company. The company should strive towards training of their workers on how customers should be handled in order to achieve the satisfaction they deserve. The workers should also have a culture of team work, which will help them to cover any loop holes of service delivery thus maximizing their efforts towards having excellent services to the customers (Singh, 2002). In addition the company must ensure customer satisfaction through, putting the customers first. For instance, whenever a customer calls for an assistance in case of mechanical failure, the company should have...
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...Car Rental Ghana TOPIC: ONLINE CAR RENTAL SYSTEM * CHAPTER -1 INTRODUCTION TO ONLINE CAR RENTAL SYSTEM 1.1 Introduction This project is an online car rental system. It is a web based system specially designed for car reservation management. Through the system, customers can view the rental car company’s available cars and their features. The customers can register and make reservation for the cars online. Through the same system the company can manage its cars’ stock, personnel’s details as well as its customers’ details and reservations. 1.2 Reason for the Project People get a rental car for various reasons. One of them could be because they do not possess a car and would need an escort for a special event like a wedding, a gala or probably touring and travelling around. In order to achieve their aims and save a lot of their time going up and down in quest of a good rental car company, they could find about 80 percent of the information they need about rental car companies around their location and the services they provide on the internet. On the other hand rental car companies can increase their return on investment (ROI), reach and maintain a potential market or group of clients on the side. Online services seem to be the best solution to both parties’ situation. In fact various business processes and communication between companies and between their customers have been improve thanks to the advancement of Information Technology and internet...
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...The U.S. car rental industry is believed to have began back in 1916, when a Nebraska man by the name of Joe Saunders decided to lend out his Ford Model T to local and visiting businessmen. This savvy entrepreneur affixed a mileage meter to the left front wheel of the vehicle and would charge renters a total of 10 cents a mile in order to cover the wear and tear on his beloved Ford. It didn't take long for Saunders to realize he'd stumbled onto a lucrative business idea. By 1925, Saunders' independent car rental company had grow to include operations In 21 states. Saunders also began to diversify his vehicle offering at this point – old Chrysler ads from the 1920's boast that Saunders' fleet included nearly $1 million worth of Chrysler vehicles. The Battle Begins Competitors quickly caught onto Saunders' unique rent-a-car model, and it wasn't long before Walter L. Jacobs started renting out a dozen or so Model T Fords of his own. By 1923, Jacobs' business was grossing more than $1 million in annual sales, making him Saunders' main competitor. Both Saunders and Jacobs built their independent car rental businesses from humble beginnings, but only one would come out on top. In the mid 1920s, Jacobs made the acquaintance of Mr. John Hertz, owner of The Yellow Cab Manufacturing Company in Chicago. Hertz eventually bought Jacobs' car rental company, giving birth to what is now one of the largest chain car rental companies in the nation. Later, General Motors would buy out the...
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...TOPIC: ONLINE CAR RENTAL SYSTEM * CHAPTER -1 INTRODUCTION TO ONLINE CAR RENTAL SYSTEM 1.1 Introduction This project is an online car rental system. It is a web based system specially designed for car reservation management. Through the system, customers can view the rental car company’s available cars and their features. The customers can register and make reservation for the cars online. Through the same system the company can manage its cars’ stock, personnel’s details as well as its customers’ details and reservations. 1.2 Reason for the Project People get a rental car for various reasons. One of them could be because they do not possess a car and would need an escort for a special event like a wedding, a gala or probably touring and travelling around. In order to achieve their aims and save a lot of their time going up and down in quest of a good rental car company, they could find about 80 percent of the information they need about rental car companies around their location and the services they provide on the internet. On the other hand rental car companies can increase their return on investment (ROI), reach and maintain a potential market or group of clients on the side. Online services seem to be the best solution to both parties’ situation. In fact various business processes and communication between companies and between their customers have been improve thanks to the advancement of Information Technology and internet penetration...
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...ONLINE CAR RENTAL SYSTEM SCHOOL OF ENGINEERING AND TECHNOLOGY BSC Computer science COURSE CODE SCO 400 BY MUHAMMAD TOBOSO DAUD REG NO: J17S/11624/2011 Phone No: 0770305102 Email: modifaya@gmail.com Supervisor: Daisy M Ireri Table of Contents CHAPTER 1: INTRODUCTION 4 1.1 The Background of the Project 5 1.2 Problem Statement 5 1.3 Objective 6 1.4 Project Scope 6 1.5 Project Significance 7 Conclusion 7 CHAPTER 2: LITERATURE REVIEW 8 2.1 Introduction 8 2.2 MANAGEMENT INFORMATION SYSTEM 8 2.3 Facts and Findings 9 2.3.1 Domain 9 2.3.2 Existing Systems 9 2.3.3 Problems in existing system 10 2.3.4 Differences between the manual and the computerized system that is going to be developed 11 CHAPTER 3: RESEARCH APPROACHES AND METHODOLOGIES 12 Research methodology 12 3.0 Introduction 12 3.1 Project Methodology 12 Waterfall Methodology 12 3.2 System Study and Investigation 12 3.2.1 Interviews 13 3.2.2 Observation 13 3.3 Summary 13 3.4 Budget 14 CHAPTER 4: SYSTEM ANALYSIS AND DESIGN 15 4.1 REQUIREMENT ANALYSIS 15 4.1.1 User Requirement 15 4.1.2 Functional Requirement 15 4.1.3 Non-Functional Requirements...
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...New Mexico 30 Day Notice to Terminate Rental Agreement New Mexico 30 Day Notice to Terminate Rental Agreement is an instrument used by a landlord to initiate legal eviction of a tenant with no-cause or good-cause grounds. However, it is necessary to serve this notice 30-days prior to the date of eviction. The landlord must retain two or more copies of this form for use in the court during a legal petition filed for eviction. This legal document is in line with the sections 47-8-33, 47-8-37 of NMSA 1978 and Uniform Owner-Resident Relations Act. It is equally applicable to apartments and mobile home parks with 12 units or less. Please understand that mentioning the name of the person serving, mailing, or delivering this termination notice is mandatory by New Mexico law. A landlord...
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...Rentals in North Carolina - - - - - - - - - - - - - - - - - - - - - http://www.havelockrents.com/SFH/Mil115.html House 3 bed/1bath $725 (252) 447-6170 115 Miller Blvd Havelock, NC http://www.sitesinseconds.com/cgi-bin/view_record.cgi?id=625&a=strictlyrentals Apartment 2 bed/1 bath $625 (252) 447-0222 115 B Witten Cricle Havelock, NC http://www.sitesinseconds.com/cgi-bin/view_record.cgi?id=650&a=strictlyrentals Apartment 2 bed/1 bath $625 (252) 447-0222 136 A Witten Circle http://www.homes.com/listing/180296573/116_Nunn_Street_HAVELOCK_NC_28532 House 3 bed/1 bath $750 garage 252-444-3790 116 Nunn Street Havelock NC http://www.rentals.com/North-Carolina/Havelock/r1456920/ Duplex 2 bed/2 bath garage $750 (252) 447-6170 128 Gooding Drive Havelock NC| | http://www.rentalsinhavelock.com/bin/web/real_estate?ZKEY=&acnt=AR240416&action=RENTALS&inwindow=&hs_action=VIEW_DETAIL&listing_id=REAP02683163&start=25&grp=ALL 2 bed/2 bath $750 garage (252) 447-8832 136 Gooding Drive Havelock NC http://www.rentalsinhavelock.com/bin/web/real_estate?ZKEY=&acnt=AR240416&action=RENTALS&inwindow=&hs_action=VIEW_DETAIL&listing_id=REAP02657600&start=25&grp=ALL Duplex 2 bed/2 bath $750 garage (252) 447-8832 125 Kobe Drive Havelock NC http://www.rentalsinhavelock.com/bin/web/real_estate?ZKEY=&acnt=AR240416&action=RENTALS&inwindow=&hs_action=VIEW_DETAIL&listing_id=REAP021266149&start=25&grp=ALL Duplex 2 bed/ 2 bath $750 garage...
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...The Rental Heart is a short story written by Kirsty Logan. In this science fiction story we follow the main characters use of rental hearts. You can rent hearts as many times as you want to, and you can put them in your chest, so whenever you get your heart broken, you can just go to the rental store and rent a new one, and that’s what this story is about. The Rental Heart isn’t written chronologic, so it leaps in time. In this story the narrator also uses flashbacks: “Jacob was as solid and golden as tilled field, and our love was going to last forever, which in our age meant six months. Every time Jacob touched me, I felt my heart thud wetly against my lungs”. In the beginning we hear about the main character telling us, that is was the day after he met Grace he went to the rental store, where he hasn’t been for over ten years. When we hear what he thinks of Grace and the rental hearts, we get a feeling of a problem. We don’t know how many years the story courses, but we’ll assume that it’s from the main character is a teenager, to he is an adult person, because he tells us that his first love was meant to last forever and at their age it meant six months. We can tell that the story takes place in future, because you can rent hearts. The main character can be both a man and a woman, because the person is attracted both sexes, and therefor is bisexual. The story is written in first person narrator, and we hear the story from the main characters point of...
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...Essay - The Rental Heart DELPRØVE 1 Delprøve 1a 1. | Rebecca could see that her cousin had growed several inches since they had met two Christmases ago. | | Had grown | | Dette gøres fordi men på engelsk danner førtider med have + kort tillægsform | 2. | The organisers should have foreseen the shortage of space, and at the press conference they reluctantly admitted that it had led to chaotically situations in the pool area. | | Had led to chaotical | | Chaotically får fjernet ly-endelsen I dette tilfælde, da det er et tillægsord der lægger sig til navneordet ‘’situations’’ | 3. | During dinner Stuart was painfully aware of that his wife was engaged in an intense conversation with his new colleague from the sales and marketing office. | | Of the fact that | | | 4. | They said that there was nothing they could do for me tonight, but they might could help me if I called back tomorrow. | | But they were able to help me | | | 5. | Sasha was disappeared two years ago like her father 10 years before her. | | Sasha had disappeared | | I denne sætning skal et være førdatid, som dannes ved have + kort tillægsform | 6. | With a pride Ted found touching, she flung open the door to a big room which walls were stained with what looked like patches of mold. | | She flung the door open | | Forkert ordstilling | 7. | Until recently, have we only been able to guess about the actual psychological effects of fiction on individuals and...
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