Question

In: Operations Management

Complete an external environmental analysis for the company uber that considers the following factors. Note: This...

Complete an external environmental analysis for the company uber that considers the following factors. Note: This analysis must be done before you can complete the actual assignment below.

Laws and regulations

Economy

Technology

Demographics

Social issues

Suppliers

Competitors

New entrants

Substitutes and complements

Customers

Solutions

Expert Solution

External Analysis helps us in giving insight on the opportunities and threats existing in the organization's environment.

The purpose of an environmental analysis is to help to develop, create and manage plans by keeping decision makers within an organization.

It covers 4 components:

Scan - Study all segment in environment

Monitor - Observe changes to see if there is any seasonal / trendy observations

Forecast - development of feasible projections, prediction, about the future results

Access - determine timing and significance of effects of changes and trends

External Environmental Analysis - Uber:

Laws and Regulations (Political):

  • Laws banning/Limiting number of Uber drivers
  • Airport pick point/ not allowed/ Surcharge
  • Toll way regulations

Economic:

  • Increased Competition
  • Alternatives

Technology:

  • Self-Driving Cars
  • Electric Cars

Social Issues:

  • Low/Moderate driver wages (Leading to bad publicity)
  • Increasing fraud and Scandals
  • Specific Area Coverage
  • Problem/issues with local authorities (Leading to penalty/fines)
  • Economic friendly alternative

Suppliers:

  • Hotels
  • Supply of drivers
  • Travel Agents
  • Small/Mid organizations

Competitors: Rivalry

  • Lyft
  • Curb
  • Grab Taxi
  • Ola

New Entrants: (Threat)

  • High Barriers to entry
  • Domestic Regulations on number of drivers

Substitutes and Complements:

  • Taxi
  • Public Transport
  • Metro
  • Personal Transport (Bike/Car/Cycle)
  • Car Pooling (Same Area/Office goers/same organization/College)
  • Quality of Service
  • Price Comparison

Customers:

  • Travelers
  • Office goers
  • School/College
  • Customer without vehicles

Threats:

  • Uber has deep pocket and can burn cash heavily
  • Presence of many national players
  • Future uncertainty
  • Customer loyalty

keosha answered 1 year ago
Next > < Previous

Related Solutions

What external environmental factors affect Nestle and why?
What external environmental factors affect Nestle and why?
External and internal environmental factors are equally important for a business organization.explain
External and internal environmental factors are equally important for a business organization.explain
3. Corrosion of reinforcement is function of external factors (environmental) and internal factors related to materials....
3. Corrosion of reinforcement is function of external factors (environmental) and internal factors related to materials. What are these factors? 4. Polymer concrete may be used for new construction or repairing of old concrete. What is the main advantage over ordinary concrete. 5. Explain the main difference between asphalt pavement and concrete pavement 6.   a- What are the most common used bituminous materials for                   pavement ?: what are the types of petroleum asphalts are used in pavement construction. Why...
I NEED PLEASE ENVIRONMENTAL ANALYSIS IN UBER MARKETING PLAN THE PLACE IS CYPRUSS MAGUSA (FACULTY ,...
I NEED PLEASE ENVIRONMENTAL ANALYSIS IN UBER MARKETING PLAN THE PLACE IS CYPRUSS MAGUSA (FACULTY , MARKET) I. ENVIRONMENTAL ANALYSIS THAT CONCLUD JUST Competitive forces B. Target Market(s) CYPRUSS MAGUSA THE MINIMUM 4PAGES THE CLASS IS MARKETING. THANK YOU.  locals are students who go to the university and tourists who go to the castle its tourist city and there is a lot of students for the market conditions Northern Cyprus's economy operates on a free-market basis, with a significant portion of...
I NEED PLEASE ENVIRONMENTAL ANALYSIS IN UBER MARKETING PLAN THE PLACE IS CYPRUSS MAGUSA (FACULTY ,...
I NEED PLEASE ENVIRONMENTAL ANALYSIS IN UBER MARKETING PLAN THE PLACE IS CYPRUSS MAGUSA (FACULTY , MARKET) I. ENVIRONMENTAL ANALYSIS THAT CONCLUDE JUST Competitive forces
Using the parts of the External Environmental Analysis, identify the outlook, forecast, or trends for an...
Using the parts of the External Environmental Analysis, identify the outlook, forecast, or trends for an online jewelry store.
RETAIL INDUSTRY . External Analysis. Complete an external environment analysis (1-Economic, 2- Social Values, Cultural, &...
RETAIL INDUSTRY . External Analysis. Complete an external environment analysis (1-Economic, 2- Social Values, Cultural, & Demographics.) You must (1) identify TWO relevant and most-pressing trends for each segment and (2) evaluate the potential impact of those trends on the firm’s future strategy.
Firm: WALMART External Analysis. Complete an external environment analysis (1-Economic, 2- Social Values, Cultural, & Demographics.)...
Firm: WALMART External Analysis. Complete an external environment analysis (1-Economic, 2- Social Values, Cultural, & Demographics.) You must (1) identify TWO relevant and most-pressing trends for each segment and (2) evaluate the potential impact of those trends on the firm’s future strategy.
Discuss five (5) external environmental factors in the business environment that could have an impact on...
Discuss five (5) external environmental factors in the business environment that could have an impact on your proposed business identified in question 1.                                                                                                                  
Foreign Venue and External Environment Elements A company needs to assess several internal and external environmental...
Foreign Venue and External Environment Elements A company needs to assess several internal and external environmental elements before it can decide whether to expand into foreign markets. What is the most important external environmental element a company must consider when planning to enter a foreign venue?
ADVERTISEMENT
Subjects
ADVERTISEMENT
Latest Questions
ADVERTISEMENT