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Business environment
Business environment
Business environment in business enterprise
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Large businesses such as Uber are faced with many sources of uncertainty within the organizational environment which affect the resource pool. Environmental complexity, dynamism, and richness are the three factors that can potentially lead to this uncertainty.
Starting out by taking a look at environmental complexity, will help uncover some forms of uncertainty surrounding Uber. As Jones (2013) states, “environmental complexity is the function of the strength, number, and interconnectedness of the specific and general forces that an organization has to manage” (66). Some of the specific environmental forces Uber is currently facing are the government, competitors, and the formation of a union.
Since Uber’s debut in 2009, its path to total market domination has faced lots of pressure from various government regulations in cities around the world. Many countries and cities in the United States and around the world are still resisting the ride sharing companies in attempt to protect local taxi agencies and transportation industries. Uber has faced a mind boggling number of lawsuits from governments, passengers, competitors, and even their own drivers. Just in the U.S. alone, according to
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Even though Uber has significantly hurt the taxi industry, taxis still take a share of customers away from Uber. Taxi agencies have well defined laws and regulations and all drivers have professional taxi licenses making them more professional and legit than Uber drivers. Besides the original taxi agency, Uber faces strict competition with Lyft. Lyft is very similar to Uber and basically functions in the same way. The only real difference is that Lyft provides a friendlier experience while Uber provides a more professional experience. While, Getaround is a smaller organization that aims to offer hourly and daily rental rates for someone else 's
Jonathan Kay talks about the flashy Uber app which is kind of silly since with a little more research online, he can find other apps similar to Uber, for example, the ride-sharing app “Lyft”. Kay’s points about Uber seems to be tongue-in-cheek, meaning that it may be understood as
Is change going to keep Qantas in the air, or force them to the ground?
For years, Southwest Airlines has been experiencing stable costs, low fares and traffic stimulation. However, the latest changes in the marketplace (See Exhibit 1: SWOT Analysis), including the higher energy costs and the entrance of new low fare/cost carriers are threatening the future of the airline. As a result, LUV needs to decide whether or not to acquire the slots and gates from the bankrupt ATA Airlines at LaGuardia (LGA) terminal in New York City (NYC) in order to expand its capabilities.
Market: The revolutionary concept certainly provides an alternative to public transport. Furthermore the car sharing concept is really useful for the public in a overcrowded city with limited parking & expensive parking fees. This is clearly not an untouched segment because there are other 2 competitors operating.
Amy Westervelt’s article “Bike Sharing Grows Up: New Revenue Models Turn a Nice Idea into Good Business” explains bike sharing programs that you could rent a bike for a day, take it anywhere you wanted, but return it to any bike station. Paris has started a bike-sharing business in 2007, they had cool bikes, reasonable prices, and good placement of the bike stations. The bike program has 50 million rides annually. In the United States launched a bike- sharing program in 2008 in Denver which lead to other cities launching programs in 2010. Washington D.C. created a new problem, they had too many riders and not enough bikes. Portland, San Francisco, and Chicago are planning on releasing a bike-sharing program. Over time the bikes got cooler and
The article written by Bertel Schmitt concerns the topic of Tesla's success on the market, in particular, the lack of it, considering the active work of the competitors to boost their products and to promote them. While the statistics collected by the EV Volumes database provide a predict a positive development of the car industry in terms of use of the electric vehicles, for Tesla this news is not a positive one. The problem for Tesla lies in the fact that the majority of the vehicles that would be sold on the market would belong to the places where Tesla does not have success in contrast to its competitors.
In turn, demand will drive leads to the Tesla sales team (Andrade, Holloway, Payne, Roy & Sheffield, 2015). Tesla will continue to build long-term brand awareness, in addition to continual management of corporate reputation (Andrade, Holloway, Payne, Roy & Sheffield, 2015). Tesla Motors will expertly manage the existing customer base to create loyalty and increase customer referrals (Andrade, Holloway, Payne, Roy & Sheffield, 2015). Additionally , Tesla Motors hopes to enable customer input into the product development process (Andrade, Holloway, Payne, Roy & Sheffield, 2015). Corporate strategy.
The company was already present in France and Spain for several years when they started to internationalize the company. There are a lot of competing companies like BBC that operates in the car-sharing market worldwide. The most aggressive competitor is carpooling.com, German company founded in 2001. The German company is already operating in 40 countries (most of them in Europe), and is planning to expand in the U.S. Besides, there are also car sharing companies that only operate nationally. Global and national companies should be considered before taking the decisions to go globally. Furthermore, the car pooling market is a substitute for all kind of public transport (train, bus, cabs, plane,etc). The chairman of SNCF, the French national rail operator views BlablaCar as one of the greatest new threats to his company.
The political system in Singapore is highly conducive to the development of enterprises and new businesses entering the market. One of the reasons for this is the fact that Singapore is considered to be one of the most transparent nations in the world (Transparency International Survey). The Singapore government has an initiative called the PS21 (Public Service for the 21st century), which is in place to ensure that the legal system remains transparent for all business, local or foreign. As a result, the low level of bureaucracy makes it very easy for new business to enter the market and compete with the existing industries. Tesla will not be held back by large amounts of red tape and can immediately be competitive in the electric car market. The Singapore government has enforced a Competition Act through the Competition Commission of Singapore to ensure that any competition that takes place in the market is fair. Consequently, Tesla will not have to be concerned about competing against opponents in an unfair environment.
Uber’s business requires marketing because it offers an exchange of a service between itself and its customers. It provides its customers on-demand access to vehicular transport and appeals to two main markets of individuals: those who are in need of transport or who are unable/ do not wish to drive themselves, and those who are in need of a job with flexible hours and have experience driving cars. Uber business can be simplifies using the Four P’s of Marketing: Product, Uber projects itself as a “personal driver for everyone” [@1], attempting to give the impression of classiness and servitude. Price: Uber has an interesting price model that is calculated from many different variables such as time, distance, and location [@2]. Promotion: Uber promotes it’s business through many different mediums such as videos, referrals, and emails. Place: Uber has been working hard to push it’s services to countries all over the world, especially into “emerging markets” such as China and India [@4].
In an effort to encourage competition amongst rival companies in the auto-industry, in 2014 Tesla opened all its patents to its competitors to advance technological development, Tesla (2014). The company’s long term positioning in the auto-market involved opening stores and service centers, entered into partnerships, provided financing services and the construction of a leading charging infrastructure.
Environmental scanning is the acquisition and use of information about events, trends and relationships in the organization’s external environment (Choo, 2001). This information can then be used in the planning of future actions for an organization. There are many variables that contribute to environmental scanning, including, natural, societal and task environments (Wheelen & Hunger, 2012). In the case of Yahoo, Inc. the following external factors had major influence in the struggle the company has faced recently: technology advancement, changing pace of life, and competitor analysis.
Although Tesla Motors has great potentials to be the vanguard in emerging electric-based vehicles market , Tesla Motors needs to address challenges associated with strong competition, technological advancement and financing its operations.
If you don’t have any idea what to do, you must know that the process can be overwhelming. For one, transporting all of your furniture and appliances from your old office to the new can be a challenging. Although there are a lot of trucking services available, finding rates that will relatively fit your budget can be overwhelming. If you don’t have the time to check around for an affordable local trucking company, look no further. We at [cn] can provide you the highest quality of trucking service in [ln]!
Tesla’s cars are positioned in the beginning of the growth stage of the product life cycle. The growth stage is a period of rapid market acceptance and increasing revenues. Tesla’s is reinvesting most of its profits back into the company in order to achieve lower production costs in the future. In the growth phase sales are rising and the market is not yet saturated (Kotler & Armstrong, 2014). As we see in the table below we notice a clear rise in Tesla’s revenue during the last 5