Autozone Essay

328 Words2 Pages

Currently, the CEO’s at Autozone has the following social forces that are opportunities that they should capitalize on and follow that are the trends of today. One of which is that electric cars are increasingly being developed in better quality and batteries to fit these vehicles should be an item of interest (Parnell, 2008). Another change that is promising is that the Minivan is making a comeback of sorts over the SUV in that because of lower insurance costs consumers are still interested (Edgerton, 2017). This is a good bit of news because employees are already familiar with minivans, although they will have updated features to learn. Finally, Millennials are a change that is going to confound those at Autozone by becoming an opportunity and a concern. For instance, the Millennial generation is prone to not be the type which does it yourself (DIY), they tend to find the do it for me (DIFM) people to repair their vehicles (Narayanan, 2018). …show more content…

On the other hand, concerns for Autozone CEOs are the rising inflation, fuel and oil prices, which causes consumers to spend less (Parnell, 2008). Additionally, there is the issue of baby-boomers becoming a generation which drives less and less, while the Millennials are becoming more energy conscience. Which brings on the environmental issues that CEOs have already resolved to their part on but it is still an education in progress for the unknowing ones (Autozone,