What Are The Strengths And Weaknesses Of Uber

Uber. To many, it is the preferred mode of transportation for a sporting event or concert when traffic is mayhem. To others, it’s a convenient and fast way to step up in da club and get your jiggy on. I have used Uber a couple of time in the states and for the most part, the rides were smooth, comfortable, and direct. As I was embarking on my study abroad journey in Puebla, Mexico, my group was advised to use Uber as it is securer than taxis in Mexico. The first week using Uber was lit. Short time waits and swift pick-ups, no confusion with locations, drivers with good music taste and complimentary water and candy. Drivers would even open the car doors for us, classy af [or you can put “such high class

Whether one is in New York City, Singapore, Taiwan, or nearly any other large area, there is always a need for the taxi cab industry. One can make a fortune through what seem like simple operations involving picking up a person in a vehicle, transporting them to their requested destination, doing so and collecting the money. Managing a business in this industry is not easy, however, and careful coordination combined with proper technology and planning is necessary to stay ahead of one’s competitors. In Singapore, Comfort Taxi handled this challenge wonderfully, whereas Taiwan’s Taiwan Taxi company did not. Through detailed analysis, the reasons for this occurrence become clear.

A key fact presented in the article is that the surge multiplier is basically a black box because no one outside of Uber actually knows how high prices will go, or

According to Tully (2015), Southwest plans to expand into a newer market of making longer haul trips in order to capitalize on business travelers. Kelly is quoted as saying that, “Southwest service levels are the best in the business, their costs are the lowest of the major airlines, and their brand puts us in a prime position to grow faster than they will” (Tully, 2015). This change in direction or strategy could prove to be a great decision for Southwest or could derail them causing decreased revenue and profits.

Since Uber burst on the scene in 2010, the ride-sharing service has quickly overpowered taxicab companies, attracting new workers and younger riders. The service, which allows ordinary people to use their personal cars to ferry paying passengers, is the subject of a potential class action lawsuit which may cost the start-up company millions.

There has been a lot of controversy over the Uber and Taxi debate. There have been state and country headlines on how Uber is taking away Taxi drives’ customers; that Uber is not as safe and reliant as Taxi drivers. In some instances, there are areas that have banned Uber altogether. This technology company claims that they are only putting individuals in touch with a business, like the yellow pages, and should not be held to the same liabilities and standards as the Taxi cab drivers. There are many things that make them similar and there are many things that differentiate them.

This industry has already started expanding their business more than just ride sharing application they have gone into electric driving. One of the CEOs Travis Kalanick of this business said it will be intense, but it is only for expanding the company on making more profit (Felton). In Ryan Felton article he stresses Uber overall problem is will their money last enough to have a trucking and a driverless car. I believe that if Uber budgets their money right and avoid lawsuits they can expand one part of the company at a time.

In my team’s analysis we conducted extensive qualitative research of Canada country risk, political, economic and business environments, in order to establish the country standing and also whether the country provides a conducive and enabling environment for a potential expansion project of our company’s business activities. My team’s analysis was based on extensive research

What 's more, first of all, the usage of smartphone was rising in 2009. Second, the

Therefore, to keep the company prospering we are consistently trying to consider new notions to assist our customers with important services, and to keep them on their toes on what our company is going to come up with next, or be elaborated with. Considering how quickly the environment, and technology modernizes in today’s world in able for your company to survive you must instantly adapt to the changes happening in the world. Our team has linked up to think of great innovative ideas and services to compete in the global marketplace like, having a updated food delivery option that allows Uber customers to order food online and have our drivers personally drop them off at their house! With this food option we will recommend new food places for the customer, and allow customers to write reviews on the experience, we will also offer discounts on rides for customers who order over a certain amount of money on food.

The taxi industry used to have monopoly on the transport industry which allowed them to set their own fare rates and charges. Therefore the passengers had no choice but to take up these additional costs along with their base fare. Under Uber all such transaction costs has been removed. Since it is done mainly through the mobile app no charges has to be paid when reserving a car. As from the drivers side, they are their own boss. They do not have to rent out a medallion and undertake all the costs that come from it to drive a cab. Uber allows them to use

The largest contributor to Canada’s Gross Domestic Product is Canada’s largest manufacturing employer (Canadian Vehicle Manufacturers Association, 2011), but how has this sector surpassed all other industries? and how has this sector survived all the economic destructions riddled throughout Canada’s history? This is the Canadian automotive industry and it is enormous and powerful yet so threatened by politics. Two of the largest players in the automotive industry are the Ford Motor Company and General Motors. By comparing the two paths both parallel companies have taken throughout over one hundred years of operations (Dykes, 2015), we can expose proper and improper business strategies within Canada. We can adventure through the strengths built up by management, the weaknesses that have attacked through the inside, the potential opportunities forecasted to arise, and the threats that may enforce themselves towards these industrial giants. From this we may be able to gather just what it takes to survive the Canadian market.

If the demand from these customers’ change, then Uber will be forced to evolve to retain the customer segment, while adapting to the new segment. According to Anne Freier, in her article “Uber usage statistics and revenue” on Business of Apps, Uber currently offers their service to sixty countries, have eight million users, and give over one million rides daily.1 By offering more specialized rides Uber is trying to gain a larger market share and customize the experience to their customers. They are continuing to expand

The company can spread their wings to new territories and purchase more planes to extend their capacity and cater more customers. This would be very beneficial for Southwest because the company will be able to extend its services to a larger market that is in need of their traveling services.

Uber is a technology company which provides transportation solutions to its customers by seamlessly connecting riders to drivers via their mobile app. The company was founded in March 2009 by Travis Kalanick who is currently serving as the CEO of UBER and Garrett Camp. The company is headquartered San Francisco, California. The company currently operates in 65 countries and serves customers in 351 major cities around the world . Uber’s current year revenue is expected to close to $10 billion with expected growths of 300% in the upcoming couple of years . During the course of this paper, we will be performing a competitive analysis of Uber using various frameworks like the STEEP analysis, Porter’s five forces analysis, RBV and SWOT analysis.