Uber Company

Table of Contents Introduction Current Business Issues Potential Future Business Issues Factors for Uber’s Success in International Markets Challenges to Expand Business in Other Countries Conclusion References Introduction Nowadays, the taxi industry has been considerably improved and varied. There are many interesting options on how to satisfy customers, offer appropriate services, and gain a number of financial and organizational benefits. Though there may be certain challenges and mistakes in a decision-making process, taxi companies try to solve the problems in a short period of time and make sure employees and customers are satisfied with the conditions offered.Advertising We will write a custom essay sample on Uber Company specifically for you for only $16.05 $11/page Learn More Uber is one of the well-known taxi companies around the whole globe. Its services can be offered in a number of the American cities, as well as in the European cities such as Rome, Minsk, Lisbon, Turin, etc. Uber is the company that offers a good work for drivers and high-quality services for passengers. However, like any developing or developed company, Uber can be under a threat of some financial instabilities or organizational challenges. The current paper aims at analyzing Uber’s current and potential future business issues, the factors that define the success of the company or may challenge it in different countries. In fact, the analysis of the Uber’s financial perspectives is a good chance to understand different aspects of the international market and define the most appropriate solutions. Current Business Issues Uber is a young company. It was founded in 2009 by the Americans, Travis Kalanick and Garrett Camp (About Uber, 2015). However, during the last five years, the company has survived a number of conflicts, discussions, and evaluations. The current business issues are based on the experience gained from 2009 til l today. Being introduced as a private taxi company, Uber expanded its services from a city to a city. In 2012, Uber became an international company and offered its services for the citizens of Paris. Nowadays, Uber is available to people in 58 countries of different continents. The citizens of more than 300 cities worldwide are able to use the Uber’s services any time they need. The company is valued at about $50 billion (Higson, 2015). These indicators may tell a lot about the current situation of the company and make some predictions about its possible development. On the one hand, it is evident that customers are satisfied with the possibilities to have more convenient as the company’s founders can open new departments in different parts of the world. On the other hand, the information that can be found online proves that Uber faces a lot of challenges with other international and local taxi companies (Cheok, 2015). For example, French and Russian representatives a dmitted that Uber could not offer its services to the citizens without appropriate licenses.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More In Germany, Belgium, and Spain, Uber has to solve many legal problems (Cheok, 2015). The Taiwan government identified the services of Uber as illegal. In fact, the current business affairs of the company under consideration are not as good and satisfactory as they are expected. As a sprawling logistics company, Uber has already achieved a lot in the taxi industry (McAlone, 2015). Despite numerous misunderstandings and the necessity to prove its appropriateness and correctness, Uber has survived. Its current situation has good prospects. Its founders admit the justification of the attempts made during the last six years. Now, they enjoy and use the benefits Uber offers. Potential Future Business Issues Sometimes, it is hard to realize what to expect fro m such companies like Uber that have been developed within a short period of time and become successful at the international level. The evaluation of its potential future business issues is unpredictable. Still, it is possible to offer several ideas. For example, one of its co-founders, Kalanick believes that Uber has all chances to spread its services in the way it can be more effective to be the Uber’s passenger than to own a car (Shontell, 2015). In fact, the prospects described by the owners of the company and the abilities help to realize that the future of the company can be successful. It is possible to provide people with taxi services for affordable prices around the whole world. Even the point that some people want to travel without drivers does not create a problem for the company. Kalanick thinks about the possibility to provide people with taxi services without chauffeurs (Shontell, 2015). It is expected that people learn more about Uber and want to have such ser vices available in their towns. It is possible for the company to think about the possibility to offer its services in small towns. The access to the Internet is possible in villages nowadays. That is why it should not cause a problem for a person to register and become a passenger of Uber within a short period of time. Still, the business issues that can be developed in the nearest future are connected with the possibility to have more countries and towns being involved. It is also possible to have more benefits due to the possibility to offer diverse services of various qualities. Passengers with various incomes can use Uber. Another potential issue is the cooperation with huge international companies. The question of comfortable and appropriate transportation rises in a number of companies. Business people want to be sure in the services they order. That is why Uber can offer taxi for people as well as cargo transportation around the whole world.Advertising We will write a c ustom essay sample on Uber Company specifically for you for only $16.05 $11/page Learn More Factors for Uber’s Success in International Markets The concepts of international marketing help to understand what skills should be developed, clarify what knowledge is necessary to work effectively, and make the decisions that can define the success of companies under analysis (Doole Lowe, 2008). The factors that account for a success of the company in international markets can be defined on the basis of the company’s strengths and opportunities. In other words, a part of the SWOT analysis of Uber should be done. The main Uber’s strength is its recognized brand. Many people from different countries have already known about the services offered by the company. They are eager to use them. Such recognition is the most crucial factor for future success. The possibility to create and follow the standards of service is another powerful aspect of inte rnational marketing. Besides, there are not many competitors in the taxi industry on the international level. There are such organizations as Sidecar, Lyft, or Haxi that can compete with Uber. Still, its low-price policy is the strength that can hardly be overcome. The list of benefits and opportunities for the company can be continued by its high investment ratings. People of different countries are eager to invest in the development of the company and earn benefits within a short period of time. As soon as financial support is clarified, it is possible to talk about the development of the services. There are many old and young people, who want to know that even transportation services are credible when they try to get to a hospital, bank, or store. Uber has all chances to meet the needs and expectations of different people using its international popularity and credibility. A specially developed app help to find the necessary services within a short period and with few efforts spe nt. Challenges to Expand Business in Other Countries The challenges that can be dangerous for Uber while developing business in other countries can be identified with the help of another part of the SWOT analysis where weakness and threats can be clarified. For example, some cities and towns can discover that the company has faced a number of legal challenges. Some counties even call the company illegal. That is why the challenges of the past can become the challenges of the future. At the same time, it is possible to admit the fact that the company has already solved many similar questions, and the success of the company is the best evidence of the quality of services offered. Besides, it is also necessary to underline the role of competitors in the taxi industry. It is not very difficult to create a company with the same services and challenge Uber. However, such factor as the company’s brand and reputation should help to cope with this challenge.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Finally, the business model of the company is not as perfect as it should be. Drivers work independently using the base offered by Uber. Not many drivers can have a high salary. Even the ethical aspects of the cooperation between Uber and its drivers are not clear. Drivers’ dissatisfaction is the threat that should be considered by the company and solved in a short period. Uber’s managers should not put the gained reputation in the first place. They have to pay more attention to the internal problems and concerns of the drivers. As soon as Uber starts improving the internal challenges, the external challenges that can be identified while expanding business in various countries can be solved. Conclusion In general, the example offered by Uber can be used by many developing companies. Nowadays, it is not a difficult task to create an organization and introduce some new, unusual services. However, it is always challenging to gain a good reputation, prove the quality of th e services, and create appropriate working conditions. Uber is the company with a complicated history. Still, its founders had made something that was impossible: they survived sabotages, strikes, and discontents of the governments of different countries around the whole world. The necessity to provide people with good services at affordable prices is urgent nowadays. Not all people are able to use the quality they want. Uber opens new perspectives and possibilities. However, its attempts to cooperate with big cities only are not enough to become one of the best. It is necessary to make more improvements and encourage changes. Drivers are eager to work at different places. Uber can provide drivers with jobs and citizens with transportation services. The factors for success and challenges discussed in the current paper show that Uber as all chances to succeed in international marketing. The only thing that the company has to do is to continue developing and thinking about its employe es. References About Uber. (2015). Uber. Web. Cheok, D. (2015). The current state of Uber’s global challenges, mapped. Bloomberg Business. Web. Doole, I. Lowe, R. (2008). International marketing strategy: Analysis, development and implementation. London, UK: Cengage Learning EMEA. Higson, C. (2015). The value of Uber. Forbes.  Web. McAlone, N. (2015). Here’s how Uber got its start and grew to become the most valuable startup in the world. Business Insider. Web. Shontell, A. (2015). Uber CEO explains his company’s highly ambitious goal to end car ownership in the world. Business Insider. Web. This essay on Uber Company was written and submitted by user Happy Hogan to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.

Moles Of Iron And Copper Formal Lab

Moles Of Iron And Copper Formal Lab Purpose: By doing this lab we were going were trying to determine a couple things. What we were trying to determine was the amount of moles of copper and the amount of moles of iron in the chloride and in the nail.Procedure: 1. Put on your laboratory apron and safety goggles. Use a 100-mL beaker to make a solution with 2 grams of copper(II) chloride and 15-mL of distilled water.2. Use a stirring rod to make sure all of the copper(II) chloride crystals have dissolved.3. Obtain two clean, dry nails. Use a piece of sandpaper or emery cloth to shine the nails. Make sure that the nails can rest on the bottom of the beaker.4. Place the nails in the copper(II) chloride solution. Leave the nails alone for approximately 20 minutes. During that time, you should see the formation of copper in the beaker. At the same time, some of the iron will react.Copper(II) chloride5. Use tongs to pick up the nails, one at a time. Use the wash bottle to rinse any remaining copper from the nails before removi ng them completely. Set nails aside.6. Decant the liquid from the solid. Put the liquid into another beaker so if some solid comes out you can get it back.7. Rinse the solid again with about 15-mL of distilled water. Decant again. Repeat this 3 times.8. Wash the solid with 10-mL of 1M hydrochloric acid. Then decant. Wash again with 15-mL of distilled water and decant.9. Place the beaker with the copper in a drying oven. Make sure the beaker had identification on it so you can get it the next day.10. Clean up all materials and wash hands thoroughly.Data: -Mass of the nail before put into solution = 2.87 grams.-Mass of the nail after the copper chloride solution = 2.21 grams of Iron. Difference of = .66 grams of copper. From the nail there was .66 grams of copper and 2.21 grams of Iron.-In moles; Copper: .66g x 1 mol/63.5g = .01 moles of Copper. (Solving: Take the amount of the remaining copper from the nail, .66 grams, and multiply that by 1 mol over the molar mass of copper, 63.5 gr ams. Your grams cancel out, so you solve and get .01 moles.) -For the mole of Iron; 2.21g x 1 mol/55.8g = .04 moles of Iron. (Solving: You solve it the same way that you would solve the above equation only with Iron's molar mass.) Conclusion There are about .01 moles in the copper from the nail. I observed the copper being broken away from the nail and the different color change in the nail. It turned to a copper looking color. There were little air bubbles all over the nail. For the iron, there were about .03 grams of iron in the nail. The copper and the iron different in moles and mass. The form of chloride that was made is FeCl2.Theory: The mole is a standard measurement of how much of a substance there is. The theory that the number of formula units in a given substance is equal to the amount of formula units in 0.012 kilograms of Carbon is related to everything. So 12 grams of Carbon has 6.02 times 10^23 formula units. A mole's mass is the same as the atomic mass of the element it that is being used in the problem. A scientist came up with the number 6.02 x 10^23 formula units. The name, Avagadro's number came from this. The label of formula units can be said in a number of different ways. Just a couple ways you could label them are, atoms or particles. Depending on the situation, almost any label can be used. The mass of a mole never changes though. Every mole has a mass of 6.02 times 10^23. That is the theory of the mole. (www.avogadro.co.uk/chemist.htm)(www.chemistry.org) Evaluation: At the end of the experiment, my lab partners and I were able to determine the amount of moles of copper and the amount of moles of iron in copper chloride and a nail.

Stock trading experience Essay Example | Topics and Well Written Essays - 750 words

Stock trading experience - Essay Example Working in stock market is very complex job;it does not only require money but also high skills and techniques along with the fact that the player must be lucky also.The following essay discusses the experience of stock trading. This activity helps in gaining huge experience about the market fluctuations and also keeps the instinct on the line. The following essay discusses the experience of stock trading. Stock Trading Experience Just few weeks ago, I decided to enter into the stock market and become the professional trader. The motivation and interest was developed to work in the stock market, while I was in my school life because in my school life I was very good at mathematics and statistics and loved to play with numbers. One of the biggest advantages and opportunities were my teachers who supported me a lot to polish my skills and techniques. At one point of time, I was strongly suggested by my statistics teacher to take the advanced computer classes and statistics and mathemat ics tuitions. The advanced lessons and classes also helped to be positive at all times towards trading in the stock market and when I was in college, I finally decided to start trading (Nassar, 1999). In the initial stages and to gain the professional experience, I spent some time with the professionals who were already in the stock market.... tical skills were better than others of same ages, but when it comes to the trading of stock, I found out that my skills and expertise were very restrictive to the theoretical aspects. And in the professional life, there are many big fishes that have more knowledge, experience, expertise and skills than me. But I tried my best to understand all the concepts, techniques, approaches and expertise to ensure that in the future these elements will help me to become the successful stock trader and generate the positive outcomes and results. After spending six months as a trainee stock trader, I then decided to move on and become the individual in the stock trading market. I went to my bank and visited an assistant to lend ?100,000. After few days, the requested amount was lent to me by my bank. After couple of days, doing my homework and prepare the entire plan, I approached the stock market to make efficient investments. But sooner I realized that the situation in the stock market is not as I was initially thinking and expecting. Before deciding and availing the investment opportunity, there were many aspects that were found to be very critical and difficult. But after long considerations and detailed homework, I took a step and made an investment of ?75,000 and bought the shares of the company whose stock prices were constantly going up. Sooner I bought the shares, the very next day, the prices of the stocks starting decreasing. As I entered into the market as a regular investor therefore I did not had the time to wait for the prices to go up again. But I waited for 3 days and found out that the prices were constantly going down because the current financial position of the company was not strong. On the day 4th I had no other option but to sell the stock at lower prices