Case 1
Zipcar is to the rental car business what Apple is to tablets. Zipcar took the age old car rental
Customers pay an annual membership. Then, they reserve and pick up a car from a neighborhood
location when they need it. They can keep it for a couple of hours or for a couple of weeks. They
Chapter 4
1. What environmental factors would make Zipcar an attractive acquisition for Avis?
This is a good case to discuss changing demographics, the increase in Millennials in the
workforce. The Millennials value time over material possession, thus they do not desire large
urban homes with a ½ hour commute each way. Instead many prefer an urban lifestyle and public
transportation. Thus, the need for a car is on the weekends for excursions, and trips to the grocery
store during the week. Zipcar fills this need. The environmental concerns of Millennials and other
that has supported a sharing economy, where possessions are shared versus owned. Again,
Zipcar fills this trend. It also can be a substitute for a second car, in many families a second car
is nice to have but not a necessity. Zipcar provides the benefits of a second car without the cost
of owning it.
There are a couple of factors that must be considered whenever any company acquires another
company. Some of them create a positive impact on the acquired company and some have the
potential to create a negative impact. First, the availability of resources. In most acquisition
situations, a smaller company is being acquired by a larger company. That is the case with Avis