(PDF) The Competitive Effects of the Sharing Economy
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Added on 2021-01-02
(PDF) The Competitive Effects of the Sharing Economy
Added on 2021-01-02
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Research Proposal
Table of ContentsTITLE:.............................................................................................................................................1Introduction .....................................................................................................................................11.1 Formulate and record of possible research project outline specifications............................11.2 The process of research project selection and factors that motivated research ....................21.3 An initial review of the literature on the topic of choice......................................................31.4 Produce a research project specification. .............................................................................71.5 An appropriate plan and procedures for the agreed research specification...........................7TASK 2..........................................................................................................................................102.1 Match resources efficiently to the research question or hypothesis....................................102.2 Undertake the proposed research investigation in accordance with the agreed specificationand procedures..........................................................................................................................102.3 Record and collate relevant data where appropriate...........................................................13TASK 3 .........................................................................................................................................143.1 Use of appropriate research evaluation technique for study...............................................143.2 Interpret and analyse the results in terms of the original research specification................153.3 Make recommendation and further area for consideration. ...............................................25TASK 4..........................................................................................................................................274.1 Covered in PPT...................................................................................................................27CONCLUSION ............................................................................................................................27REFERENCES..............................................................................................................................28
TITLE:“To access the possible effect of UBER in respect to growth of UK Economy.”. Introduction In the modern business environment, the potential motive of each small as well as largebusiness enterprises is to attaining higher growth and profitability with the market place. Anindustrial development has an effective relation with the economic growth of a country. UnitedKingdom has the largest economy in the globe and the country maintain its higher positionthrough potential development of its business industries. High economic position representshigher growth of the country (Calo and Rosenblat, 2017). The potential motive of each nation isto developing its economic condition through enhancement of its organisational operations andindustry development. The present research is based on the possible effect of UBER or itsoperations on the UK economy. UBER Technologies Inc. is a peer-to-peer ride-sharing, taxi cab,food delivery, bicycle sharing and transportation network company. The present explorationwork will discuss about the impact of UBER operations on the economy of UK. 1.1 Formulate and record of possible research project outline specificationsA research project is based on a particular issue, which is required to be addressed by theinvestigator through developing an appropriate report with actual facts and reliable data. Theconsidered research is based on analysis of the effect of UBER in developing employmentopportunities within UK. Proper emergence of a business in a country is effective for the growthand development of overall economy. Industrial involvement is beneficial for a nation to developvarious employment opportunities and it has a huge impact of the growth and development of aeconomy (Yaraghi and Ravi, 2017). A research is consist of various elements as an explorationwork is based on aim and objectives which are predetermined in nature and helps the investigatorin providing an appropriate direction to the investigator to carry out all the research activities inappropriate direction. The appropriate aim of this particular research is: "To determine the effectof UBER in developing employment opportunities within UK economy". The present research work is based on the analysis of UBER, It is a private transportationdelivery company with a headquarter is in San Francisco, California. The company has itsoperations around 785 metropolitan areas globally. Britain Growth rate could be increased1
through as much as 0.7pc if disruptive industry like UBER and Airbab are significantly capturedin official GDP numbers (Uber effect' could add 0.7pc to UK economy). An exploration work isdepend on some specified aims and objectives and the significant objectives that are interlinkedwith the aim are associated as below: Research AimTo access the possible effect of UBER in respect to growth of UK Economy.Research ObjectivesTo study about the different operations of UBER with the UK economy.To evaluate the impact of UBER in developing the employment opportunities within UK.To analyse the relationship between UBER and economic growth of UK in terms ofdeveloping employability opportunity.To identify the measures that are used by UBER in context of developing its globalperformance. Research Questions Discuss the impact of UBER in developing the employment opportunities within UK?Secondary research questionsWhat are the major criteria for UBER operations? What is the relationship between UBER and economic growth of UK? What measures are being used by UBER in context of developing its globalperformance?1.2 The process of research project selection and factors that motivated research A research project is based on various aspects that are effective in providing anappropriate direction to the researcher to implement all the operations in appropriate manner(Burtch, Carnahan and Greenwood, 2018). There are various aspects and factors that motivates aresearch to execute all the activities in systematic manner is evaluated as below: Introduction: This is the primary aspect of an investigation which represents thepotential purpose of the research work. This provides a clear vision to the researcher to movingahead towards right direction with the support of appropriate aim and objectives. Literature Review: This is the second and important part of research which plays aneffective role in conducting an in-depth analysis on the research issue. This section is effective in2
providing a theoretical frameworks with the analysis of the opinion of various authors andwriters. Research Methodology: It consist to be the imperative part of research work which isbased on various applications that assist the overall exploration in right direction. This section isbased on various methodologies like research design, philosophy, approach, type ofinvestigation, data collection, data analysis tools, data sampling etc. Data Analysis: This is the key aspect of the overall research work, In this section dataand information is being analysed through preparing charts, graphs etc. This also provides abrief area of study to the investigator to direct an investigation of the information that aregathered by primary source of data collection (Rauch and Schleicher, 2015). Conclusion and Recommendation: This is the final piece of the research work, as in thisoverall conclusion has been provided on the outcomes of the investigation. along with thisrecommendation has been given in respect to making appropriate improvement in the desiredarea of study. 1.3 An initial review of the literature on the topic of choice.In today's modern era, competition is so high at market place and organisations arewidely concern on developing their operations in respect to attaining higher growth and successat market place. UK is the largest economy in the world and the growth of the country is basedon its developing industries (Gong, Greenwood and Song, 2017). Transportation is considered asthe most leading sector which has a huge influence on the overall economic condition of UK.UBER Is a well known transpiration service provider which is widely concern on capturing awide area of market through developing its business operations at global level. UBER has had apositive impact on the UK economy. Currently, there are around 10000 private hire vehicles inthe capital – and 10% increase from 3 years ago. UBER provides its services through app thatconnects people wanting cabs to cab drivers. In cities such as London, an individual cannormally request an UberX on their mobile phone with one arriving in approximately 5-10minutes. Its cheap fares and quick availability have made the app hugely popular. Many jobshave been created, UBER drivers tend to be very happy with the company whenever anindividual speak to them. This create value in the growth and development of UK economy. The study of UBER and its different operations.3
UBER is a peer-to-peer ridesharing , food delivery, taxi cab and transportation networkcompany. It was founded in 2009 by Travis Kalanick, Garrett Camp in San Francisco, California.Uber's disruptive explosive growth, technology and constant controversy create it one of themost fascinating organizations to emerge over the past decade. Operations of UBER is identifyin different ways, some are determined as under: Quality of Design: According to the Cindy Nguyen, (2014), UBER has a high andeffective quality of design as it's inputs are broad-grade materials following full-size luxuryblack cars from BNW, Audi and Mercedes-Benz. The service presentation is labelled as luxuryby reason of it's black, sleek aesthetically pleasing design. Quality of services: Quality of conformance and quality can be followed to the delivery anddesign of services. In this form, quality refers to reliability of services and how the servicesmeets the particular requirement of the customer. Both are describe as under: Reliability of services: Company promise that when a person requests a travel, theappropriate driver's place will be addressable to track. In this, customer will be textedwhen their journey arrives and the details and name of driver will appear in the app. How the service meets the particular needs of the customer: For this UBER follow afeedback technique whereby the customer's quire is noted. It is essential for anorganisation to retain long lasting relation with the clients and accomplish betteroutcomes within predetermined period of time. Feedback system is one of the best way toanalysis needs of customers towards business services and fulfil according to them. Flexibility: It introduce to how speedily operations processes or activities can fit to changes inthe marketplace. UBER is a best example of service provider and they can be achieved thisthrough the: Maximising the skill level of providers: UBER is able to do this is an easy manner, asthey freely recruit licensed drivers. By maximising restrictions, it allows company toanalysis higher skilled or knowledgeable drivers to give the chaffer service. Improving the level of technology: New technology is identify as one of the essentialway for the company to enhance their capacity and flexibility (UBER Case Study(Operations)). For achievement of this UBER buying an innovative technology whichwill help them in running business operations with more smooth manner. 4
Impact of UBER in developing the employment opportunities within UKAccording to the Uber's platform assists $17 billion dollars of GDP (Gross Domesticproduct) in the United State per year over the period. In annual basis, net economic value add tobusiness drivers is approximately $5.7 billion. Since UBER is a multinational company which isoperating its business in many countries. If it starts its business in UK than the opportunities ofemployment in UK also increase (Uber in the Economy, 2018). Since, to start a business in UK itrequires efficient drivers which can drive the cars, management workers which are required tomanage the company and a workshop which is necessary for the company's car. The humanresources required for the company will be hired from UK because the every company will try tocover the human resources from the business country which help it in cutting the cost. If thehuman resources are hired from other countries they requires more salary and incentives than thelocalities. Thus the job opportunities in UK increases. The chances for the young steps to includetheir productivity in UBER increases. This will also helps in increasing the economy of thecountry. The staff requires to train thee employees of UBER because the policies of it should beknown to their staff. The relationship between UBER and economic growth of UK. According to the opinion of Christopher Williams, 2015, Uber has hailed accelerating thegrowth within the United Kingdom following a landmark victory over other can drivers. Uberproducts, technology and partners helps in enrich the living of people in the manner that are notalways be tangible. The minicab app’s has plays vast role in increasing British turnover morethan tenfold in last year to £11.3m, reported to accounts filed at Companies House. Theillustration represents only Uber’s share of fares for trips that are booked via its facilities andservices at least 70pc of payments go straight to the self-employed drivers, thus the developmentof self employment has crate higher economic growth of United Kingdom. Uber, is low-backedthrough major investors involving Google and Goldman Sachs, also moved towards the black inthe UK for the first time, posting a pre-tax profit of around £900,000, which is compared with aloss which was held approximate £337,000 in the year of 2013. It paid £22,000 in corporationtax. In the modern business environment competition is on its peak and the major purpose ofeach business association is to enhance its operations at global level in respect to attaining highergrowth and success at market place (Uber reports rapid UK growth. 2015). The growth of5
business industry has created a huge influence in the economic development of a countrieseconomy. The government or its bodies are also providing support to the organisations in respectto developing its performance at global level. UK has provide chance to Uber to establish itsbusiness and develops its operations at wide area so that appropriate growth can be attainedthrough the appropriate operations of the Uber. The company operate its business operationswith the help of mobile applications. Uber is a ride hailing application, which allows customersor clients to take benefits of the offered products and services of the firm. The application allowscustomers to order a private or shared car with a few taps of a mobile application, with anappropriate payment facility that is taken automatically from the users registered accounts. Thisis more convenient than the ordinary cab as it offered facilities at a considerably lower pricepoint. The emergence of Uber is beneficial for the economic growth of UK has country attainhigher mount of profit and revenue. The appropriate measures are used by UBER in context of developing its global performance.As per the views expressed by Matthew David, 2018, Uber is considered as aquintessential unicorn with not a huge track record, but a valuation which reaches at 1 billion.Uber deal in a large segment and widely concern on fulfilling the desires of people throughoffering them appropriate facilities, thus higher satisfaction helps an organisation in sustainingcustomers for long run of business operations. Uber majorly deals in innovative technologies asthe company offers its facilities with the help of advance tools and technologies. Uber majorlydeals through application on which the company offers its all facilities and these can be taken bythe customers as per their requirements. There are various measures that are used by Uber inrespect to developing its global performance, some are associated as below: Driver Application Process: This considered as the most essential measure that is widely appliedby UBer is respect to developing the operations of the firm at wide scale. This also recognised asthe important safety measure which is effective for firm as well as its users. In this processdrivers needs to permit in respect to executing them in the organisations operations afterqualifying the medical or driving test (How Uber used mobile performance engineering to pullahead, 2018).Drivers also requires to undergo through vehicle inspection in whichcomprehensive background is checked by the AFIS Switch System and training on theapplication.6
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