Is Uber A Threat To The Taxi Industry? Introduction During its heydays in the late 90s and early 2000s, Blackberry was the king of the hill (inqu—). The company led the smartphone market, and as years passed by, they released new phones with updates and fresh features, which turned out to be good. The problem with Blackberry is that they did not focus on the consumer, which turned out to be a very big market place than anyone expected. Today Blackberry is just a name in the history of smartphones. With the rise of Uber, many questions are being raised if it is a threat to the taxi industry, but from history, Uber is not a threat. Uber is the next evolutionary step in the taxi industry, and anyone, a person or organization who don’t notice the impact of technology in the taxi industry will be left behind, just like Blackberry. Uber: The next evolution in the Taxi Industry In our world, the only constant thing is change; everything else changes — the same with the taxi industry. With the…
car manufacturing companies I will choose car manufacturing companies. The car manufacturing organizations of UAE have stated using the total quality management strategy, which has primarily helped to improve the productivity of the companies. Moreover, people of UAE are fascinating about buying new and expensive cars which signifies that the car manufacturing companies are running a highly profitable business there. Thus, targeting car manufacturers as insurance clients can be useful for me to run a profitable business there. Reasons for choosing the car manufacturing companies as target companies are as follows: The car manufacturing business is a trendy business there with a scope of high profitability. Thus, targeting them as a client can be beneficial. Adding insurance with the motor vehicles can be a significant business strategy insurance company and the car manufacturing company The tax relaxation for automobile companies ensures a more profitable return
Marketing plan for Burger King Introduction This paper outlines a marketing plan proposal for King Burger presented to the company executives to adapt for them to increase their profits and gain a competitive advantage over other companies. Burger King, a well-established fast-food organization in the United States. This proposal will encompass the strategies based on the products that the company will offer through target marketing using its marketing mix tool. SWOT Analysis Strengths Burger King is one of the largest brands of the fast-food industry; it should ensure that it intensively uses its brand to bring out the hidden potential that it has. The company should diversify its products such as breakfast, desserts similar to other companies that have emulated the strategy. The company has a strong brand that has seen over 80% of franchised outlets, which should further assist the company in innovating its menus that will draw more customers. Weaknesses The company should address its main weakness which is the business model. Its model of business is easily imitated by different companies such as KFC that has also…
The record-keeping technology Introduction The record-keeping technology behind the Bitcoin network is known as ‘blockchain.’ The accepted definition of blockchain is a distributed and decentralized ledger. A Blockchain is an easily understandable concept. It is important to note that the blockchain is just a block of chains. This is a block made of digital information and stored in a public database. The blocks are made up of three pieces of digital information. The first block stores information regarding the essential transaction. For example, the date and dollar amount of purchase. This can be purchase from Amazon or any store. Secondly, information about the participants of the transaction. For example, when one purchases a bag from Dior, the knowledge of the purchaser and what is purchased will be stored in the blocks. It is essential to note that this information does not include private information. The blocks only take into consideration the username, for example, ‘white horse.’ Lastly, distinguishing information. Blocks store information that differentiates it from other neighborhoods. It allows the users to tell the differences involved in these blocks.…
Amazon as a major stakeholder Even though I can’t remember the exact percentage, Amazon often suspends seller accounts when they fall below a particular approval rating. I believe it is around 96 0r 97 percent or thereof (I can’t clearly remember). At organize.com, we had been operating along this required line for about twelve months when we got a suspension notice from Amazon. This notice wanted us to respond. The office manager walked into my office to tell me the news. She was distraught (I remember the look on her face). This was a blow to us since Amazon was a major stakeholder in our businesses, leveling up to 70 percent. What made it even worse is the fact that we had transacted up to $700000 the previous month. Honestly, this was catastrophic. Our business was severely wounded, and therefore, we had to close our operations. Since we couldn’t pay our employees, we had to let them go, laying off everyone who worked for us. Honestly, this was a tough and scary time for me, owing to where I was…
Definition of human rights by Winona LaDuke In this speech, how does Winona LaDuke define “human rights”? What rights is she urging? How does she (re)define international law? Winona LaDuke defines human rights as the rights of all human beings on earth, which is inclusive of the rights of indigenous people. She posits that indigenous people are nations and meet all the stipulations to define them as so. Much like the people of any other country in the world, indigenous people have the right to self-determination under Article 1 of the UN’s International Covenant on Economic, Social and Cultural Rights. She states that just because the industrialized world is more developed than that of indigenous people does not mean that the rights of the indigenous people should be violated for the benefit of superpower corporations. LaDuke urges the respect of the rights of indigenous nations, women, and the earth. She connects the similarities between the exploitation of the planet to the way women, especially indigenous culture, are exploited. She says that women should be allowed to lead a life of…
Positive and negative risks in a business 630 Discussion 5 Reply The unforeseen events to a business referred to as risks create opportunities and constraints. Any company should assess their risks and requirements to manage the risks and conditions for the success of the project. Yingnan I agree with Yingnan`s contribution, which emphasizes the need to assess both the positive and negative risks in a business. They can influence business outcomes. Positive risks provide the company with opportunities. For instance, assuming the prices in the market are expected to fall, it provides the business with the chance of using less of its budget. However, when the prices increase when a project initiates, they affect the operations through the budget. Yingnan also talks of requirements that a business must consider. For instance, a business must ensure all the needs of shareholders and sponsors are put into consideration before initiating the project. Risk assessment is crucial to the success of the business since it helps coming up with better risk management methods before the risk happens. Hsin Hsin elaborates on the importance…
Sustainable businesses Changes characterizing the world of commerce and need to address the social and ecological concerns in contemporary society are associated with the increased call for entrepreneurship and innovation. Innovation for entrepreneurial growth calls for the formulation of new and advanced partnerships and projects. The adoption of sustainable business practices is critical towards enabling nations to fit in the modern world of commerce. Sustainable businesses lead to the creation of profit-making opportunities hence allowing the countries to address the problem of unemployment. The aspect of sustainability is associated with the adoption of strategic measures to transform business practices. Besides, the creation of sustainable business translates to the production of new commodities and services, thus enabling nations to respond to various social and environmental concerns that curtail normalcy. Entrepreneurship and innovation are among the basic approaches to allowing the countries to have a successful implementation of sustainable business practices. Entrepreneurship and innovation are not only crucial towards enabling start-up firms to have innovative measures to address various social and environmental concerns but also allow the already established organizations to improve…
Ethics versus moral If the question is “is the action moral?” it still does not change the way I address the various ethics in question. One can say your morality comes from religion or wherever else, but for most people, it just comes down to well-being. Whether actions bring about positive or negative net well-being determines the morality/immorality of the action. You can think about well-being roughly as happiness, but it’s a bit more nuanced than that, encompassing a wider range of human values. Every action (or inaction), no matter how seemingly inconsequential, has an effect that can be measured by the amount of well-being it produces. This is obvious on the macro level, but maybe not as obvious in day-to-day decisions. Kant focuses on deontological thinking, where morality is based on the means of an action, not the consequences. By focusing on both individual autonomy and respect for other’s will, Kant’s Categorical Imperative sets up a universal code for which we all must use to decide if our actions or the actions of others are moral (universality and impartiality). He…
Boycotting products Boycotting products made by companies that engage in abusive or unethical behavior does bring positive social change. This is because the company loses its relationship with customers. It causes a drop in sales of their products, leading to a decrease in profits. Also, the company loses its reputation or even get fined for engaging in immoral behavior (Newman, 2015). As a result, the management of the company must find a solution to avoid more damage to themselves, and this brings about positive social change. To ensure the boycott is successful, I would mobilize others to follow. With a large of people, the issue will be taken seriously by the company, and they will stop engaging in immoral behavior. Also, I would find a way to involve the mass media, for example, a journalist and explain the reasons for boycotting. This would help in spreading the news of why we are boycotting. I would also ensure social media is used to help reach out to more people to boycott the products made by the company for engaging in immoral…