Question

In 400-500 words

What are the economic conditions of globalization that allow Uber to function across the world?

What are Uber's legal and regulatory challenges in the US? In other parts of the world?

What role has technology played in the emergence of Uber as a large, global corporation? How do you see this changing in the future?

Answer 1

Economic conditions of globalization:-

1) Buy and maintenance of new car is to high vs getting the vehicle through Uber.

·2) In Globe economy any time recession may come this also the one reason to avoid the new car or car lone.

3) Global economy goes down due to this person are avoiding to buy new car and get the rented through Uber.

Uber legal and regulatory challenges in the US are:-

1) Most issues were related to the sharing rides and its regulations were not clear.

2) It gave competition to local cab service providers.

3) Is the uber drivers are employees or contractors for the employees safe security benefits.

4) Uber X service which allow people to book a private car is banned due to lack of security and illegal jobs.

5) It faces the challenges with local market driver and cab services.

6) It also had competition with the bike taxis already existing.

Technology played in the emergence of Uber:- Uber is a successful brand as on today is mostly possible due to its technology and it can't be denied. Uber which is an app based transport provider has reached globally with the help of the technology and currently are at par with the other such service provider. Uber not only limits themselves to taxi services only but it is into other things like food delivery services like uber eats etc.

1)By the effective mobile app, the user can take the service on his mobile itself.

2)Technology has incorporated the Map in the app itself to help the users.

3) Users can know the charges on his mobile and he has to choose to take the car on rent or not.

4)Uber’s can come in commercial vehicle also in future.

In future there is no doubt, Uber will expand more but there will be a huge competition around the corner and Uber has to push it very hard to compete the work market in its niche.