Business Recommendations Based on Economic Projections

sizeable crowd Auto - Business Recommendations based on scotch Projections

University of Phoenix, MBA

Introduction:

This paper pass on offer recommendations for Big Drive Auto (BDA) to base its strategic operations business plan over the next 5 years. BDA is a multi-state automobile and truck dealer who retails new and utilize vehicles and provides improvement and part services to its retail and wholesale customers. Its receipts is divided amongst its key business units: new retail political machine and truck sales, used car and truck sales, vehicle service department, wholesale and retail parts sales, and tire sales.

BDAs goal is to identify key business plan components that will be the nidus of this 5-year strategic plan. This plan will focus on three primary areas:

• Pricing Strategy Recommendations

• Nonprice Barriers to Entry Recommendations

• Product differentiation Ideas

Pricing Strategy Recommendations:

Many industries involve been through the proverbial wringer in the past few years, apt(predicate) none more so than the auto industry.



Big Drive Auto has an advantage over some dealers in that in addition to selling cars they excessively services autos and sell supplies, parts and tires. Although many other competitors offer similar deals, only BDA was invited by the OEMs (Chrysler and General Motors) to cease selling cars and shut down their operations. Big Drive Auto keeps solid records and seeks to use its records and macroeconomic selective information for insight into pricing strategy; nonprice barriers to entry; and ideas for product differentiation.

Kim, Davis, Jacobson and Lyndaker (2008) use the percent of real value added in data reporting to show that growth in indestructible goods manufacturing in 2005, 2006 and 2007 was led by growth in reckoner and electronic products manufacturing. In 2006, retail sales, service and parts also contributed significantly to growth (Kim, Davis, Jacobson and Lyndaker, 2008). Big Drives benefit from 2006...

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