Question No. 2: Case Study Changes in the technological environment have created amazing opportunities for new business models while at the same time threatening traditional ones. For example, Airbnb has shaken up the hospitality industry by allowing people to rent out spare rooms or their entire homes to strangers. The Uber and Lyft ride sharing businesses allow consumers to find a ride from people looking to earn extra money with their vehicles. And with Uber you don't have to worry about having enough cash or giving your credit card to the driver payments and tips are all done through the Uber app. Traditional hotel and cab companies are crying foul, claiming that these businesses are not playing by the same regulatory rules to which they are subject. Others are concerned about safety amid reports of riders allegedly being attacked, kidnappings, and driver accidents, questioning the thoroughness of background checks of the 160,000-plus Uber drivers around the world. Some countries, states, and cities in the United States have banned Uber because of these issues. Discussion Questions: 1. Describe how Uber's business model works and the role technology has played in its success. 2. What are the arguments for banning these types of businesses? 3. What are the arguments for defending these types of businesses?

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
icon
Related questions
Question
Question No. 2: Case Study
Changes in the technological environment have created amazing opportunities for new
business models while at the same time threatening traditional ones. For example, Airbnb
has shaken up the hospitality industry by allowing people to rent out spare rooms or their
entire homes to strangers. The Uber and Lyft ride sharing businesses allow consumers to
find a ride from people looking to earn extra money with their vehicles. And with Uber
you don't have to worry about having enough cash or giving your credit card to the
driver payments and tips are all done through the Uber app. Traditional hotel and cab
companies are crying foul, claiming that these businesses are not playing by the same
regulatory rules to which they are subject. Others are concerned about safety amid reports
of riders allegedly being attacked, kidnappings, and driver accidents, questioning the
thoroughness of background checks of the 160,000-plus Uber drivers around the world.
Some countries, states, and cities in the United States have banned Uber because of these
issues.
Discussion Questions:
1. Describe how Uber's business model works and the role technology has played in
its success.
2. What are the arguments for banning these types of businesses?
3. What are the arguments for defending these types of businesses?
Transcribed Image Text:Question No. 2: Case Study Changes in the technological environment have created amazing opportunities for new business models while at the same time threatening traditional ones. For example, Airbnb has shaken up the hospitality industry by allowing people to rent out spare rooms or their entire homes to strangers. The Uber and Lyft ride sharing businesses allow consumers to find a ride from people looking to earn extra money with their vehicles. And with Uber you don't have to worry about having enough cash or giving your credit card to the driver payments and tips are all done through the Uber app. Traditional hotel and cab companies are crying foul, claiming that these businesses are not playing by the same regulatory rules to which they are subject. Others are concerned about safety amid reports of riders allegedly being attacked, kidnappings, and driver accidents, questioning the thoroughness of background checks of the 160,000-plus Uber drivers around the world. Some countries, states, and cities in the United States have banned Uber because of these issues. Discussion Questions: 1. Describe how Uber's business model works and the role technology has played in its success. 2. What are the arguments for banning these types of businesses? 3. What are the arguments for defending these types of businesses?
Expert Solution
steps

Step by step

Solved in 5 steps

Blurred answer
Recommended textbooks for you
Practical Management Science
Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,
Operations Management
Operations Management
Operations Management
ISBN:
9781259667473
Author:
William J Stevenson
Publisher:
McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi…
Operations and Supply Chain Management (Mcgraw-hi…
Operations Management
ISBN:
9781259666100
Author:
F. Robert Jacobs, Richard B Chase
Publisher:
McGraw-Hill Education
Business in Action
Business in Action
Operations Management
ISBN:
9780135198100
Author:
BOVEE
Publisher:
PEARSON CO
Purchasing and Supply Chain Management
Purchasing and Supply Chain Management
Operations Management
ISBN:
9781285869681
Author:
Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:
Cengage Learning
Production and Operations Analysis, Seventh Editi…
Production and Operations Analysis, Seventh Editi…
Operations Management
ISBN:
9781478623069
Author:
Steven Nahmias, Tava Lennon Olsen
Publisher:
Waveland Press, Inc.