Company U provides ride-hailing service. The massive growth of Company U got global recognition, overtaking their competitors. The valuation of the company was $8 billion in 2017. Despite the massive growth, the firm faced numerous ethical challenges due to a lack of ethical principles in its operations. The company disregarded laws, rules, and regulations in Country U by adopting dynamic pricing system, competitive tactics, attacking critics, and not responding properly to the lawsuits. The problems of the company increased due to a lack of proper governance. The company hired Person DP to take care of public relations and after his charge, the company was expected to improve its ethical system and recover from its lawsuits. However, Company U is planning to introduce self-driven vehicles in the future. To explain: Company U’s business model and deduce its strategic intent.

Question

Want to see the full answer?

Answer 1

Question

Chapter 12.4, Problem 2CC

Summary Introduction

Case summary:

Company U provides ride-hailing service. The massive growth of Company U got global recognition, overtaking their competitors. The valuation of the company was $8 billion in 2017. Despite the massive growth, the firm faced numerous ethical challenges due to a lack of ethical principles in its operations.

The company disregarded laws, rules, and regulations in Country U by adopting dynamic pricing system, competitive tactics, attacking critics, and not responding properly to the lawsuits.

The problems of the company increased due to a lack of proper governance. The company hired Person DP to take care of public relations and after his charge, the company was expected to improve its ethical system and recover from its lawsuits. However, Company U is planning to introduce self-driven vehicles in the future.

To explain: Company U’s business model and deduce its strategic intent.

Expert Solution & Answer

Want to see the full answer?

Check out a sample textbook solution

See solution

Students have asked these similar questions

design a Dashboard with three (3) elements that you think would be useful to the company in providingprudent system analytics. Justify the selection of the three (3) elements and how theycontribute to decision-making

[ Solve without using Al" [ For the circuit shown in Fig. 2.20, the transistors are identical and have the following parameters: hfe = 50, hie = 1.1K, hre = 0, and hoe = 0. Calculate Avf, Rif and Rof. Ans: 45.4; 112 KN; 129. 150k ww 47k www + 4.7k Rif 25 V [ 10k 47k 4.7k V₁ [ w 6% R₁1000 50µF Q2 5μF I 33k 50µF 4.7k- 4.7k R₁ Rof www Fig. 2.20 Circuit for Q7. [ [ [ [

In regards to the Belize Road Safety Project 2012Identify and describe the technique or method used by the project sponsor to select the project among competing or multiple other projects ideas for the country. Hint: (Benefits Measurement, Constrained Optimization, Other?) Identify and describe five (5) characteristics that made this endeavor a project. Use project data or information to support your answer.