Question

In: Economics

Describe Uber's Following statements: Corporate Governance Board of Directors Top Management External Environment Natural Environment Physical...

Describe Uber's Following statements:

  1. Corporate Governance
    1. Board of Directors
    2. Top Management
  2. External Environment
    1. Natural Environment
      1. Physical Resources
      2. Wildlife
      3. Climate
    2. Societal Environment
      1. Economic
      2. Technological
      3. Political/Legal
      4. Sociocultural
    3. Task Environment
      1. Threat of New Entrants
      2. Power of Buyers
      3. Threat of Substitute Products
      4. Power of Suppliers
      5. Rivalry Among Competitors
      6. Power of Other Stakeholders

Solutions

Expert Solution

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.


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