Integrated Capstone Project on Uber and its Competition
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Added on 2023/06/15
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This integrated capstone project discusses the competition faced by Uber in the ride-sharing market and its impact on the mobility landscape. It also covers the safety concerns and legal issues faced by the company.
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Running head: INTEGRATED CAPSTONE PROJECT INTEGRATED CAPSTONE PROJECT Name of the Student Name of the University Authors Note:
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1INTEGRATED CAPSTONE PROJECT First progress report In the last few years, Uber has raised a lot of money from the cab services provided by it. In many countries Uber came up with idea of launching taxi and taxicabs for large number of people. Much of the debate is given on the fact that Uber and other kinds of apps who are generally in same kinds of business for running. Uber is known to be a useful stuff which is used for providing various kinds of services. Uber is known to be a useful thing which is needed for providing services in various kinds of domains and it considered to be ride sharing app which is used for connecting various drivers with consumers. The organization claims to provide sharing of ride with professional driver with a kind of license and commercial insurances. Another issues which is being encountered is the fear of safety of various kinds of drivers. Black cab drivers have been considered to be untrustworthiness for various kinds of drivers. Another kind of issue which is being encountered is that any kind of made transaction in sharing of economy results in stripping or removing of barrier between provider and customers. Uber is considered to be a well-known example of disruptive kind of startup. By hiring of cars it provides a platform which can be easily used for dealing with large number of customers. In the beginning days Uber was fined around sixty-seven thousand dollars as it began to provide services in Portland without any kind of approval. Traditional yellow taxi of New York is not considered to be fan of Uber. Agents of Netherland transport claim a raid of Uber European headquarters for analyzing whether the organization is running any kind of illegal taxi services. The Chinese department of transport has addressed some new kind of guidelines which can be used for reducing fees, numbers of cars and creation of platform which can be used for operation by various kinds of local authorities.
2INTEGRATED CAPSTONE PROJECT Second progress report Uber addresses a lot of issues in terms of direct, indirect and emerging competition. At present the organization addresses Uber enjoys ride sharing market. It is very less likely that Uber focuses on mobility landscape which is continuously evolving. Uber followed a large number of technology organization which are there in various kinds of expandable markets. Key factors which are used for determining the various kinds of factors like quality of network and density related to it. It needs technology for matching supply and demand which consist of price for drivers and passengers. At present Uber holds a strong position in the market and any kind of adjustment may lead to losing of market share. Uber addresses a lot of competition from various kinds of organization and industries. The organization are inclusive of local cab organization, ride sharing organization, sharing of players which has a direct focus on transportation, large kind of technology issues and lastly various kinds of car manufacturers.