Free Essays on Uber to Get Inspired & Learn by Example

Evolution of Ride Share

Booking a cab to airport or to the travel destination or to one’s office has changed drastically. Booking a cab was costly for a long period of time. However, with the concept of ride share, commuters now can have the luxury of going to their destinations in a pre-booked cab without worrying about paying too much money. Employee carpools or college mates sharing a ride back home from college are not new, but those traditional forms of sharing typically require advanced planning and involve people who know each other. However, with technological advancement, the nature of ride sharing Continue reading...

Executive summary 3

1.1 Mission statement and corporate objectives 3
2.1 mission/value statement. Identify the mission and value statements of Uber 3
2.2 corporate objectives 4

External analysis 4

3.2 competitive environment analysis conduct an analysis of the competitive environment using Porter’s five forces of competition theory 6

Internal analysis 6

4.1 analysis of strategic capabilities of the firm. Include an analysis of the unique resources and core competencies 6

Strategic choice 7

5.1 Basis for growth analyses and apply bowmans strategy clock 7
5.2 using Ansoff’s matrix select a strategy for the chosen company. Identify key aspects of this proposed strategy 8

Strategy evaluation 8

6.1 assess the level of suitability, Continue reading...

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UBER SURGE PRICING

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Introduction

Uber is considered as one company that shook the taxi industry with its revolutionary and modern techniques and availability options. The company works as a referral service that connects passengers from 45 countries to local drivers simply by using their smartphones. The company not only provided rides anywhere but also facilitated with options for the service level or the car from low cost Toyota Prius, SUV, to service level like Uber LUX that provided posh options with Porsche Panameras and BMW 7 series sedans.
Lately a lot of hype Continue reading...

Uber is the latest travel phenomenon to enter society and it has done so with a bang. It is a transportation service that connects riders with drivers. It has an edge over traditional taxi cab services by offering a more mainstream, sophisticated alternative for transportation. What sets Uber apart from taxis and other modes of transportation is its attention to safety in a society where safety concerns are at an all-time high. Drivers are extensively background screened for maximum safety precautions and to assuage any concerns riders may have.
The service is conducted through an app. Patrons set their Continue reading...

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Introduction

Uber entered and revolutionized the taxi industry in few years. The contemporary concepts of ride share, private and luxury cars, convenience of smartphones to request a ride all were enough to shook up the taxi industry that has been monotones forever. However most of its “first times” standards were appreciated and adapted by some competitors too, but the pricing model of Uber has been under constant criticism from authorities and customers.
This paper discusses the concept of Uber’s pricing model as it relates to the core business of the Continue reading...

Digital ridesharing platforms have been identified as a broader part of innovations that make up the so-called sharing economy. The paper presents an overview of the current research on the development of ridesharing business and potential opportunities that can be leveraged to enhance the performance of the industry. Becoming successful entrepreneurs is the dream of a vast majority of the population globally. However, prospective entrepreneurs face diverse challenges, ranging from the development of the idea to capital acquisition. Successful implementation of a business idea by establishing a business venture has become a gateway to emergence of huge international corporations. Our business is a start-up firm in the ridesharing business. The company is called Carmony, and the initial capital for its establishment will be obtained from shareholder contribution as well as borrowing from the lending institutions. Lyft and Uber are the major competitors of this company, but its strategy will enable it to survive and attain its main goals. The company will utilize a market gap identified through complex analysis and anticipates achieving break-even point after two years of operation. The success of this firm will be based on its continued exploitation of its core competencies and generic growth strategy.

Continue reading...

Uber is an online service that was created for searching and ordering a taxi. The feature of the startup from California is that instead of professional drivers from taxi enterprise a customer is provided with service by ordinary car owners. The mobile application works with the service in dozens of cities around the world, including the biggest and the busiest capital cities with big population.(Hughes, n.d.)
The user downloads the app on the smartphone, then looks which of the cars that is a part of the service is closer to him, after that he communicates with the driver Continue reading...

Business

McKinsey will help you in developing strategic insights by facilitating strategic foresights. As such, McKinsey will enable you to choose the most appropriate trend of influence because of its excellent research center that monitors continually and assesses all global forces that you as well as other senior executives have to consider to remain in operational business and stay ahead of long-term trends reshaping the business environment. McKinsey will enable you to have the required app or service because it bases on a deep market-level research and in-depth macroeconomic insights to offer the most current information on the forces and Continue reading...

A decision in business is regarded an “ethics” decision when it represents and stands for the acceptable behavior from the company, its employees and the targeted clients. Companies are expected to come up with an ethical framework that will guide them in making proper “ethics” decisions. Recently, the number of corporations and businesses linked to ethical wrongdoing is increasing at an alarming rate. Recent scandals in social networking sites like Facebook, Google, Snapchat and Uber are best examples of wrongdoing in ethics.
Regarding the UBER case, Snapchat lacked a privacy policy to guard the interests of the members. The Continue reading...

Business ethics encompasses a vast range of moral principles that sprout in a business surrounding. Business ethics specifically comprises individuals’ actions in a firm and organization’s activities and position on moral issues. Companies embrace business principles by going green via producing organic products, taking social responsibility through improving local economic conditions and offering services to people in need.Additionally,company’s employees can ensure good moral business decisions by non-disclosure of their client information, being honest and not stealing the company’s capital.
However, globally many companies have failed to embrace ethical business principles. For instance, Uber has embraced Continue reading...