Questions Flashcards
6 core competencies
L.C.C.C.R.W
- Leadership
- Communication
- Competitive
- Resiliency
- Work ethic
- Customer service
MT full time bonus
500
Getting fuel code
HR
What is an overdue LOFR
LOFR 4% or less
What is not offered by car sales
Free service plans
How long for hand controls
24 airport
48 home city
Who can deactivate a recall
VR only
4 types of bD DEBT
90 days +
Ticket adjustment
Forcecharge
Chargebacks
5 most controllable costs
Bad debt
CX sat
Uninsured losses
LPU
Fuel
ARQ score goal
91%
Why do we use current source code
Current rate
Insurance
Track and spend
Uninsured loss vs reserved loss
Uninsured loss- pay all at once
Reserves loss- pay over time
2 disciplines of fleet/ remarking
Sales
Fleet strategy
Where do chargebacks hit
Bad debt immediately
Why does undetectable fraud hit reserved loss
A rolling average to help with cost over time
Example of negligent maintenance
Bad tires
Renting recalls
LPU Goal
LPU Expt
45
50
What’s NOT a function of RFS
Short pay off
Deprivation equation
1.7 x purchase price
What can the local branch approve
LOFR only
ROAD
Respect
Opportunity
Achievement
Diversity
What does remarketing do
Sell vehicle
Manage driver
Fleet plan
Who doesn’t have a truck rental
Deer valley
Where does detectable fraud hit
Uninsured losses
Where does non-detectable fraud hit
Reserve loss
What are the uninsured losses (clued)
Conversion
Lot damage
Undoc damage $5
Employee loss
Detectable fraud
undoc damage
Goal
Expt
$5
$7
uninsured damage
Goal
Expt
11
14
3 ways to increase utilization
Fleet plan
Manage shop %
Delete plan
How to increase your ADR
Run tighter
Upgrade
Young driver fee
What is days earned
Number of days you were paid on the cars you rented
What is occupancy
Fleet size
What is days earned %
How many cars you rented the day before
5 situations enterprise has unlimited liability
Neglecting maintenance
Neglecting entrustment
Employee accident
3rd party
False arrest
Benefits of corporate accounts
Day Earned
OP
ESQI
Car sales matrix %
10