In: Economics
Describe Uber's Following statements:
1.Corporate governance contains the rules and regulations by
which various business firms are regulated and operated.
A.Board Of Directors:Board of governors are regulative authorities
that monitor corporate governance.The face continous challenge in
aligning the interests of share holders
B.Top Management:It ensures the operational efficiency of the
corporate governance.
2.External environment:includes a the operational activities that
takes place outside the business.
A.Natural environment:it includes all living and non living things
that is both biotic and a biotic
Physical environment refers to the land ,water,plants which satisfy
the basic needs.
B.Societal environment:includes the cultures,customs ,values and
beliefs of the people.
C.Task environment:when a consumer is in direct contact with
business or organization it is task environment.In a competitive
market there are various threats such as threat of new entrants
happens when a new firm enters in to a industry the older firms in
the industry producing the same goods as that of new entrant will
face competition.