Stakeholder’s Harms, Benefits and Rights Uber has five major stakeholders that are very beneficial to Ubers business process. The primary stakeholders are the independent contract partner drivers and the government. In addition, Uber must follow set regulations by each local government to be able to fully complete all business process in each location. Furthermore, another major stakeholder of Uber are the clients and passengers. The clients of Uber are business such as restaurants that have partner with Uber. In addition, the restaurants allow all Uber customers/passengers the option to have their food delivered by Uber. Furthermore, another major stakeholder of Uber are traditional taxi cab operators. Which have been very beneficial to the company because there has been many allegations against the Uber business from various locations. That Uber is preventing traditional cab companies to allocate profit. The traditional taxi operators assist Uber in design cost efficient and competitive prices that will not harm traditional business. Also, another major stakeholders of Uber are business directors and executives. Uber as a business have conducted and implemented many harmful tactics and policies. The primary issue that Uber has been deemed harmful are Uber taking and requiring all drivers to accept the percentage cuts. In addition, the higher percentage cuts will be deduct from each earned revenue the driver obtain while driver for Uber. This is a very harmful tactics
Stakeholders include any person or groups who are directly or indirectly influenced by the project, and also those who are interested in a project or have ability to influence the outcomes of the project that can be either positive or negative. For E-tickit.com major stakeholders and their roles and work descriptions are listed
The key stakeholders in a business include customers, suppliers, employees, local and national communities and governments.
John McDuling‘s article “Locals fight back against Uber in ridesharing battle” in the Australian Financial
The thesis of this article explains that despite surge pricing achieving the goal that it’s supposed to, (bring more drivers online and present available services to consumers who need them the most) most believe Uber is taking advantage of customers by using extreme multiplier prices. While the author states that this issue between price and product/service is giving Uber a relative degree of bad press, he also gives solutions as to how to fix this problem.
A stakeholder is an individual or group that is affected by the actions of a business. Being a stakeholder can happen by choosing such as, becoming an employee of a business, or by chance such as, living in the same municipal as another business that has an impact on the community. In general, a person or business has a stake in something because of interest, right or ownership of it. As the Fox School of Business must have hundreds of stakeholders, the following is a general list of major stakeholders.
In major cities across the globe today, many rely on the services of both taxicabs and Uber. Both allow users to reach their destination in a timely manner, but one service reigns supreme. The regulations and training requirements make tax far superior to Uber. Uber lacks the same levels of training and regulations one must possess in order to be a driver as compared to taxicabs. Some of the rules one must follow in order to be a driver of a taxicab are as follows: one must have a knowledgeable understanding of the streets they are navigating, one must dress nicely and professionally, and one must follow the provided rules in the guidebook. By using these rules and regulations, drivers are able to provide individuals with a safe and comfortable
Uber and Taxi cabs also share a lot of simple difference when it comes to the basic of the car. Taxi must charge the same rate all the time. Uber can surge on holidays or special events. Cabs care inspected by the city. Uber does not have inspections. Cabs get an FBI background check. Uber does its own background check. In addition Uber’s terms and conditions states that transportation can be potentially dangerous or unsafe and that you use the service at your own risk because there is no insurance covering the customer if there is an accident and because Uber cannot protect the safety of the
Since Uber burst on the scene in 2010, the ride-sharing service has quickly overpowered taxicab companies, attracting new workers and younger riders. The service, which allows ordinary people to use their personal cars to ferry paying passengers, is the subject of a potential class action lawsuit which may cost the start-up company millions.
Firstly, none of Taxi drivers don’t care about safety, insurance and rules. Anti-uber protest was created because, taxis couldn't compete with UberX drivers, which means less salary. Taxi drivers are desperate about their jobs, but it doesn't give them permission for violence during the protest. UberX is cheaper, convenient and they’re simply in trend. However, law must be followed by everyone, thus UberX drivers have to get licence, insurance and be safe enough to provide the service.
Stakeholders have a significant influence on the aims of an organisation. They are the people who are affected by or interested in the business. In some organisations the shareholders are stakeholders, and at times have some of the decision power. In trade organisations, customers are also considered stakeholders; therefore their needs are part of the organisation’s overall objectives.
In most businesses, stakeholders are the customers, investors, shareholders, employees, suppliers, government agencies, communities and others who have an interest in a company’s products, operations, and markets (Ferrell, Fraedrich, & Ferrell, 2011). Ultimately, they not only influence the course and direction of the company, but the company can influence them as well (Attend, 2015). Additionally, there are secondary stakeholders, such as: media, trade associations, and special interest groups who can have a positive impact, especially in times of corruption (Attend, 2015).
Although this may seem convenient in many cases Uber is not always available in unpopulated areas so it is not reliable. Based on demand, a taxi drivers rate never sky rockets unlike Uber. When they have surge, which is when they are being requested more often than usually their rates increase extremely. A ride that may have cost you about five dollars during regular days has changed to almost $30. This division may be over soon because no drivers may be necessary in the near future because of the upcoming driverless cars. Even people who teach languages have been mimicked by software such as Rosetta
As a multinational corporation, the implication of the scandal determines the fate of numerous stakeholders both internal and external. Internal stakeholders comprise of the board, managers and employees while external stakeholders subsume shareholders, customers and suppliers. The economic, political and social impacts of the dishonest practices would shape the fate of Volkswagen and affect the future prospects of the automotive industry. Common shareholders whilst not involved in the day to day running of the business placed faith and belief in the firm by providing capital had suffered severe economic loss as share prices (get something for stat). Despite the callous deception in advertising the defeat device displayed no signs of disturbing vehicle performance, however, customers of Volkswagen and its subsidiary vehicles suffer from lower resale value. In addition, even though the scandal was global, European consumers were the most affected with diesel cars accounting for 41% of all European cars (Fontaras, 2016). This high percentage in respect to other nations is a result of incentives provided by the European Union for the purchase of diesel vehicles such as subsidies towards the production process resulting in lower premiums compared to petrol counterparts (Vidal, 2015) In additional with sales falling suppliers of Volkswagen would likely lose future contracts or have current contracts downgraded as less parts are required. Thus, this loss of future
A stakeholder is someone who is interested in a company or business, e.g. Tesco; they can either be an internal or external customer to the business. They may also be affected in a situation that happens to the company because they them selves may of given and invested money into the company or may just be interested in it and use it quite often. They can either have direct or indirect control of the business, internal usually being direct while external being indirect control of the business. Key stakeholders are those who draw in resources such as money
There is a ongoing debate and controversy over whether Uber is safe and if it's undercutting the taxi industry.