Nobody downloaded yet

Vobes Company - Research Paper Example

Comments (0) Cite this document
Summary
Dammam is studied as the most populated city in Saudi Arabia and therefore the company would have a great opportunity to set up its business in order to meet the…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER93.3% of users find it useful
Vobes Company
Read TextPreview

Extract of sample "Vobes Company"

Download file to see previous pages at low process and also expects to capture a large market share by attracting the target customers mostly in the age group of 25 to 45 who prefer to use cabs for traveling.
Vobes Company aims at serving the customers with the transport services 24 hours a day. It also aims at providing discounts to the customers so that they are attracted to their services and develop brand loyalty. The market research suggests that there are around thousands of local customers who prefer to avail taxi services during the peak hours. Further the company also aims at providing online booking services to the customers and plan to launch an application for the smart phone users in the markets of Dammam.
The break even analysis of the Vobes Company states that the company would earn a profit in the first year and the profit is expected to rise in the later years. The breakeven point is located in the fifth month when there is a no profit and no loss situation and then after that the company starts earning profit. The total profit in the first year is around $15580 that increases in the later years as depicted in the three years income statement. The company plans to purchase 15 cars of $24,700 each and rent them at $30 per day.
Madawi Alsulaim and Sara Alghamdi are the two business associates who plan to invest $25000 each for establishing the business. Fund are to be raised by borrowing loans from the banks as well that is around $40000 is to be borrowed for establishment as well as the promotional activities to conduct the business efficiently.
The idea of setting up the Vobes Company is to provide transportation services in Dammam, Saudi Arabia for the convenience of the local people to travel to places according to their needs. The business is expected to attract a wide range of customers towards availing these services.
As the population of Saudi Arabia increases there is an increasing demand for the transport and communication facilities (Alhussein, 2011). Thus the company ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Vobes Company Research Paper Example | Topics and Well Written Essays - 5000 words”, n.d.)
Retrieved from https://studentshare.org/business/1699284-vobes-company
(Vobes Company Research Paper Example | Topics and Well Written Essays - 5000 Words)
https://studentshare.org/business/1699284-vobes-company.
“Vobes Company Research Paper Example | Topics and Well Written Essays - 5000 Words”, n.d. https://studentshare.org/business/1699284-vobes-company.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Vobes Company

Company Law

...? Company law has been an interesting matter of study since decades. In the company law a variety of difference exists between the liability of the directors or the employees and thus they are convicted based on certain situation. The paper studies two different cases and helps to analyze the difference between the judgments provided based on the variability of the situation. It also underlines the fact that the courts held matter of fraud in a serious manner. Williams Vs. Natural Life Health Foods Ltd The case of William vs. Natural Life Health foods limited is an important element of study in the company law and the contract law. The case started in the year 1998 under the following...
6 Pages(1500 words)Essay

Company Evaluation: Agrium Company

...? Company Evaluation: Agrium Company Company Background Established in 1931, as Cominco Fertilizers Limited (Consolidated Mining and Smelting Company Limited), the company changed its name to Agrium in 1995. Agrium Inc is the main supplier of agricultural products and services in South and North America. On the global perspective, Agrium Inc is a major player in wholesale production and marketing of three major agricultural products, namely, agricultural nutrients, industrial products and specialty fertilizers. The company supplies specialty fertilizers in North America by use of advanced technologies in the business unit (Agrium, 2005). This Canadian company has operations in three fronts, retail, wholesale and Agrium advanced... ...
4 Pages(1000 words)Research Paper

Apple Company

...?Apple’s Marketing Strategy Introduction Apple Company has grown by leaps and bounds in the last few years. It is one of the companies that have managed to make it to the top in unbelievably short span of time. Apple’s success can fundamentally be attributed to the high quality and sophistication level of its products, innovation and creativity, and most importantly, its outstanding marketing strategies. Not all Apple products managed to have immense market value immediately after their release e.g. Apple iPod. Many of these products showed a rapid increase in their sale few years after their release, thanks to the informed decisions made and prudent marketing strategies adopted by the Apple...
4 Pages(1000 words)Essay

Company law

...? Company Law No: Company Law Question No Advise Leaping Lizard Coffee Emporium Pty Ltd on whether the company will have to honor the contract for $25,000 that has not been approved and signed by the managing director. Corporations Act 2001 The Corporations Act 2001 in fact an act of Commonwealth of Australia that deals with the business entities of Australia from federating level to inter state level. It mainly focuses on companies besides other entities like partnerships / managed investment schemes1. The Corporations Act is an important legislation passed by the legislators that governs the companies in Australia. It deals with the issues of formation...
8 Pages(2000 words)Essay

Company

...Company An organization’s environmental factors determine its scope of operations and its decisions. This paper explores political and legal aspects of Spyder Active Sports’ external environment from an international perspective. Essential elements of political and legal systems Legal systems regulate operations of business organizations through enforcement of established rules. One of the elements that are essential to Spyder Active Sports is international trade regulations in markets. Some markets have restricted trade with some countries and importation and exportation of some types of commodities and such restriction may have adverse effects on Spyder Active Sports’ trade in raw materials and finished goods. Laws on...
1 Pages(250 words)Essay

Company

...Richemont and its HR Brand Richemont is the second largest global luxury goods maker after LVHM and the sixth largest market cap company in the Swiss Market Index (Düblin 8). It owns some of the leading luxury goods internationally, including fine watches, jewelry, and premium accessories. Richemont is based in the city of Geneva, in Switzerland and has four regional offices that offer support to its luxury brands, or Maisons. These are the headquarters in Geneva that serves Latin America, Africa, India, Europe, and the Middle East. The Hong Kong office serves the Asia-Pacific region, the New York office serving North America, and the Tokyo office serving Japan. The company operates in countries that...
2 Pages(500 words)Assignment

Company

...Zealand, Puerto Rican, Sweden, Spanish markets among others. What the TiVo Company is contributing to the society and economy Essentially, what TiVo offers is exclusive and unlimited entertainment to its users. TiVo pioneered recording programs concurrent with household viewing habits. In this program as opposed to the others, users can rate programs from three “thumbs up” to three “thumbs down” profiling. These ratings are combined to create a recommendation for its viewers. TiVo has also increased its broadband features. This has included and been facilitated by Amazon Video on Demand, Jaman.com and Netflix Watch Instantly. The advantage of this is that it provides users with unlimited access to thousands of movie...
2 Pages(500 words)Essay

Company

...of diverse analytical methods, which is very essential in the entire process of rational management. The function of financial report analysis is to identify good characters of Spacenet.inc so that the management can apply most beneficial characteristics. At the same time such reports also help an organization to recognize its weaknesses and take the necessary actions. A good financial strategy should consider both strength and weaknesses of the company. The use of internal financial statement prepared for top management provides the information they require in monitoring the organization’s operation and aid in decision making. Published reports rely on internal financial reports to inform investors, lenders and...
5 Pages(1250 words)Coursework

Company

...Company Company As an online travel company, AsiaTravel.com is successful (Business Information Agency, . However,it has not put much emphasis on strengthening its brand positioning, explaining why its branding is not robust and may lose to its competitors if measures are not put in place to deal with the issues at hand. This essay will attempt to provide findings on the best approaches to rebranding AsiaTravel.com without changing its logo and how the marketers would help in marketing the brand. As seen in the research conducted by Roll (2005) and Sengupta (2005) brand positioning is vital for any company as it helps visualize the services offered by the brand and how...
3 Pages(750 words)Essay

Company

...Tesco PLC Contents Introduction 3 Balance Scorecard Approach 3 Financial Perspective 4 Perspective 4 Internal Perspective 5 Learning and Growth Perspective 5 Just in Time 6 Conclusion 6 Reference List 8 Appendix 9 Introduction The year 1919 was a landmark year in the food retailing history of the U.K. as this was the year when the first Tesco store was opened. Over the passage of time, the business of Tesco had expanded exponentially and presently it operates in 12 countries across multiple continents. Tesco operates a number of store formats in grocery business like Tesco Express, Tesco Extra, Tesco Superstore and Tesco Metro (Tesco PLC, 2014). The company has expanded its business profile to non-food business as well...
4 Pages(1000 words)Assignment
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Research Paper on topic Vobes Company for FREE!

Contact Us