1. Executive Summary
The purpose of this report is to examine and study the importance of Higher Education in terms of its current business environment, the types of universities and its categories, the role it is playing in the present world economy, threats and the barriers and to analyse the possibilities of the international investment in the host country and also emphasize about the major global players and the growing trends of Higher Education in the chosen host country over a period of time.
2. Introduction
Uber is one of the famous, affordable and reliable companies when it comes for cab service. Looking at the current market it’s developed all means and methods to connect faster to their customers. The way the world is moving Uber has developed by using mobile apps, fast connecting GPS that’s connecting the cab driver’s to the rider. This is not only helping the business profitability to grow but also the expansion of business globally.
3. Background, Experience and history of the Founder:-
The background, experience put together to form Uber was by four efficient leaders.
Co founder and chief executive officer Travis Kalanick believed that every problem could be solved and he just believed in creativity. His experience and efforts had helped the company’s growth globally.
Chief technology officer Thuan Pham B.s in Computer Science and Engineering & an M.S in EE/CS from MIT. He had worked on the engineering challenges faced by Uber. He had helped and worked
Carpooling or ridesharing is a major process to avoid the congestion of vehicle in a particular place. This process is nothing but sharing the car to travel more than one member on the same vehicle. Uber, the transportation service has added this technique recently to manage the huge number of utilizers. If we are using this ride-sharing technique, we can reduce the each person’s other expenditure like fuel costs, tolls and pressure of driving.
Uber Technologies Inc. is a transportation company within a mobile application that has revolutionized the way that people travel in different countries and cities all around
Still, the Uber have accomplished so many techs which are very responsible to the user’s convenience. It may change with some additional features with the correspondence of the requirement of forthcoming generation people. In San Francisco, this driverless car technology is successfully ruling up in the world. We should have a proper knowledge of it to make use of this kind of efficient transportation service, Uber.
But, the advantage of Uber started to spread only by the last two years. The services like Uber and Lyft have influenced Smartphone data in such a way that it has made ride sharing a cheap and a convenient option to the travelers. There was a report from Lyft that in San Francisco majority of the people use services like Uber. Anyhow, the existing services are limited to various reasons due to their complexity.
The main means of transportation in Albania are the trains, buses, taxis and car rentals, which are the used by both locals and tourists, although the last two are more popular among tourists. Since this is a high context country, there are unwritten rules when communicating and using certain services, like for example when using a taxi, the local Albanian people know that taxis don’t carry meters, or rate cards, so the cost of the trip has to be agreed upon before taking the trip, this is something tourists might not be aware of, and as a result they might get taken advantage of. Another mean of transportation for tourists is the car rental, but that too has its downsides, as tourists have to take into consideration the differences in quality of road surfaces across the country, as well as the local driving standards. We believe there is gap in the transportation services that is more accommodating to tourists, and this is where Uber has an opportunity to enter, since the company is recognized internationally, and most people are already familiar with it, it would provide an easier way of transportation for tourists.
In modern society’s day and age, we still have many types of transportations that helps us complete some of our daily needs. You can drive, grab a bus, take a train or even get a quick workout and walk. However, as society progressed and wages increased, people start spending money on other ways to get around instead of driving themselves such as Uber: an app that allows other people to drive you places for a small fee depending on its location. Uber may be cheaper than having your own car but it isn’t always very reliable or convenient. Having your own car provides a reliable source of transportation. Although insurance and maintenance can be pricey; Uber is a relatively cheap and easy system of transportation, although it can be unreliable.
With the rapid development in online-to-offline (O2O) commerce, the online chauffeur business is playing an important role in people’s daily life. What’s more, China’s GDP is rising year by year; which makes private car ownership increase shapely as well. Although the increase of private car ownership may result in the decrease of demand for taxis, it also means the private car available for Uber is more than before.
Outline some of the main issues facing higher education in the 21st century. To what extent is higher education an effective means of both obtaining employment and learning the basic prerequisite skills for the global workplace?
Uber is an American multinational transportation company. Its head quarter is in san Francisco, California. This company was introduced by Garrett champ. Co-founder of Uber Travis Kalanick in 2013. The company got seed funding of 200,000$ in same year and in next year the company got raised to 1.25million$. By the end of 2011 Uber had raised 44.5million$ in funding and in that year the company change its name from UberCab to Uber. The company got expanded into many cites, now Uber is in 396 cities, 56 countries, 6 continent world wid. The company Uber entered India in 2013. The investor for Uber are Goldman Sachs, Menlo Ventures, Bezos Expedition. The market share of Uber in India is up to 5%. Uber is valued 40billion US$ at present
Uber is a transportation service which offers a useful trip to the passengers in and around the city. With a new technology emerging everyday in today’s world uber has taken many steps to take up new challenges. This makes the service to offer many useful services to the society such as truck and transportation, data sharing facilities and much more. The company planned in such a way that it is useful to the company as well as the drivers.
Uber on the other hand has brought the public at ease with the new technological tap on the button ride. This button is used to summon a car by pressing a button on your smartphone, payment is handled through the application therefore no cash needs to change hands as your credit/ master card is registered on the application. By simply downloading the application on your smartphone you are able to catch a ride which will take you to your destination-your fee is pre calculated to give you the confidence of how much you will be paying. Uber has changed the old perception of accepting unworthy road transport-that perception is dead and buried. The honors’ lies with the individual who will wants to accept a good transport vs a scrappy one.
It is not realized what Uber's future is. Google Cars are a major danger to its prosperity. Uber ought to keep up its qualities. It ought to address the shortcomings found in the TOWS. The point ought to be to transform shortcomings into quality. The group must work and endeavor the open doors and keep away from the
Uber is just a software tool, they don't own any cars, and are now the biggest taxi company in the world.
Main reason of the success of this lies in the fact that it tackled the issues of local taxi industry which were becoming unbearable by the common people. For example ordinary taxis charge on the basis of time spend while using the taxi (by customer) while Uber charges on the basis of distance. In populated cities it was hectic to find taxi on urgent basis, Uber tackled this issue and gave service which is handled by a smart phone app and claims to provide taxi with in exact 10 minutes of ordering the service. In the start prices of Uber taxi services were high due to their high quality services which left the customer range un-attended who prefer to pay less money to the taxi, but in 2012 Uber offered a service with a name Uber-X with comparatively less prices and a bit less quality service (in terms of not providing first class taxis and a bit of delay in time), this service gained the attention of those customers who were not in hurry while going somewhere (Brown 17). This much coverage of taxi industry created a lot of issues in the local taxi industry where almost 80% of customers started using Uber, because of many facilities like one can travel without cash on the spot, as all transactions are through credit cards, safety reasons, quality service reasons, urgent service and etc.
City transportation is an increasing problem. Public transportation is cost effective, but do not provide door-to-door transportation. This makes the far more expensive cabs attractive and scarce. This paper proposes location-based Cab-Sharing services like Uber, Lyft, Ridejoy etc., which reduces cab fare costs and effectively utilizes available cabs. These services accept cab requests from mobile devices in the form of origin-destination pairs. Then it automatically groups close by requests to minimize the cost, utilize