Avis Budget Group Assignment Example | Topics and Well Written Essays - 750 words

Avis Budget Group - Assignment Example It is also meant to offer high quality services both internal and external to its clients from all over the world. This means that the company’s rate of car hire and leasing is lower as compared to other companies in the industry (King, pg3). Its mission also comprises providing reliable and fulltime service to its client who do not own a car, or who want to enjoy the services of a car. The core values that Avis budget group operates on are purely based on the need of every citizen to have an efficient and easy movement process. It is not possible for all people to have cars, or to go with own car everywhere they travel. As a result the company has joined hands with stakeholders from all over the world, which includes the largest car hire companies in the world, to offer services under Avis budget group. The company also has stakeholders from the Asian and African region, where the need of hiring a car is rising. As a matter of fact the financial capability of Avis budget grou p is stable as of now, with less than four cases of debt from other organization since its inception. The operational principle that is used in this company is far different from other car hire companies, since its goes by the objective and reason of existence of this company. Industrial perspective In the last financial year, the company made a profit amounting to twenty percent of the previous year’s performance. It made a profit of seven billion dollars as compared to previous year where it made four point six billion dollars in profit. The company has been recognized by the government as one of the most reliable company in the car hire industry. This has resulted the company to enjoy the benefit of offering services to most governments in the African region (Benton, pg1). The company has increased in financial performance for the last five years. This has been as a result of extensive and keen contribution to the factors that bothers the economic growth and the natural as pect. With the recent global financial crisis, the company has partnered with other organizations that adapt to economical way of producing fuel to be used in automotives. It has teamed up with American companies to provide efficient and environmental friendly fuels that are beneficial to the economy and environment. It has partnered with a group of companies that produce fuel from a plant grown in the garden (King, pg5). The provision of services by Avis budget group has played a critical role in the advancement of the economy, by applying methods that ensure industrialization and economic growth of different countries. The company has also ensured that the services are available to all people, not considering the background of individuals. Their cars run on environment friendly fuels, thus contributes to industrialization. Environmental perspective This company has ensured that all the aspects are taken care of, where the most critical factor being considered to be environmental. Environment is a crucial part in the continuity of Avis budget group’s business activity. This has not been left behind, and the company has ensured that environment is maintained to the level best to enable the continuity of its business. This has resulted to the company establishing programs that are eco friendly. The recent program incorporated by the company is known as green fuel. This has been a critical boost to the sales oil produced from plants. It has also seen the