What Will Happen During The Uber Crisis

Decent Essays
Uber, during the Sydney Siege too underwent a crisis where the hike in price was due to, high demands which have caused Uber, being heavily criticized by the netizens. This talk taught me that, though most of the time, money is everything in the world that we are living in now, however, it does not work that way to Uber at that particular time. The fear of Uber losing its reputation prior to this incident, Uber then decided to offer free rides out of the city. This situation shows us in the event like this, reputation is far more important than profit. What happens if Uber decided to go the other way round? I am sure, months after that, Uber started to lose its customers, hence resulting in a major reduction in its total revenues. Besides,

Related Documents

  • Decent Essays

    Hi James, Thank you for reaching out to Uber. We appreciate the opportunity to address your concern. We apologize for being unable to inform you that ride-sharing is not allowed in other municipalities. James, we hope that you were able to resolve the issues on court. Uber understands that you have to sacrifice your day job to be able to settle the trouble on court.…

    • 236 Words
    • 1 Pages
    Decent Essays
  • Decent Essays

    The Jason Dalton Case

    • 216 Words
    • 1 Pages

    On February 21, 2016, Jason Dalton was brought into custody by the police of the state of Michigan for being a suspect for the deaths of six people and the injuries of two others. Jason, 45, was a driver who worked for the company of Uber. No one ever thought he was able to commit the acts that he did during his seven hour shooting spree; his neighbors all thought he was ‘nice’ and Jason even passed the Uber background check. Yet, the question remains, should Uber be held liable for the criminal behavior of their driver? Uber had no idea that Jason Dalton, one of their trusted drivers, was going to go and kill several civilians, therefore they should not be held liable for the actions of the unstable driver.…

    • 216 Words
    • 1 Pages
    Decent Essays
  • Superior Essays

    The issue with Uber’s circumstance is their lack of self-regulation and transparency with their consumers. This has led to not only a mistrust from consumer’s but a government response as well. Uber tried to hide the data breach from their consumers to mitigate the situation, but ultimately caused more problems and lost customer trust because of their actions. Companies that are…

    • 1284 Words
    • 6 Pages
    Superior Essays
  • Decent Essays

    The last six months at Uber were unprecedented, between Fowler’s allegations, the firing of 20 people after former U.S. Attorney General Eric Holder’s workplace harassment investigation, Uber CEO Travis Kalanick taking a leave of absence — before ultimately resigning — and Uber’s involvement in many lawsuits. Moving forward, perhaps focusing on the people is how this multi-billion-dollar company will transform its reputation.…

    • 62 Words
    • 1 Pages
    Decent Essays
  • Improved Essays

    In the article, “Uber Regulations Would Stifle the Transportation Free Market”, the author is trying to convey the point that regulations on the companies such as Uber and Lyft will only benefit the insurance companies while actually hurting the free market of transportation because this will cause less people to use the car-sharing and thus make the companies move out of California. The following essay will break down the article in order to give the reader an understanding of the author’s main argument and to point out the validity of the argument and whether the argumentation contains fallacious propositions. Then this essay will give ways at which the argumentations can be changed in order to make the argumentation stronger. Before breaking down the argument into syllogism form and pointing out its validity this paper will make the reader aware of the fallacious argumentation within the article. When looking at the fifth paragraph in the article it states that “Without such proof, it’s fair to wonder if this legislative push is really about public safety or about attempting to stifle…

    • 1552 Words
    • 7 Pages
    Improved Essays
  • Improved Essays

    Futrelle summed up his article, with an example of a recent shut down of the railways in New York City. Uber, a transportation company, set up what they called, “surge pricing” to help get more vehicles on the streets, but they also doubled the normal rates (Futrelle, 2012). In conclusion to the article Uber was not seen in the best of light and had to discontinue the higher prices for transportation after one day. This event showed that people in New York City would rather remain in line for certain products than pay more profits to…

    • 700 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    348 Ride Research Paper

    • 1082 Words
    • 4 Pages

    There have been rumors that Uber will be coming back to Tuscaloosa in the next year and students are beyond excited. A student at The University of Alabama stated “I don’t really go out much, but if there was a situation where I couldn’t drive or get to my car, I think I’d trust Uber over University transportation services.” Although it is expected for an adult to have…

    • 1082 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    The Pros And Cons Of Uber

    • 724 Words
    • 3 Pages

    And according to recent news reports and blogs, Uber is not liking this at all and does not have the best reputation when it comes to being an ethical company. One blog refers to them as the "most ethically challenged company in Silicon Valley. " According to CNN, Uber is using aggressive and questionable tactics in its effort to stay…

    • 724 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    From Uber’s perspective, all of the money that went towards driver salaries is now pure…

    • 1299 Words
    • 6 Pages
    Improved Essays
  • Improved Essays

    For the purpose of this exercise, I will be reviewing the topic of How to protect passengers from crimes by ride sharing, and preventing passenger(s) from being a victim of a battery by the driver. According to an article done by Matthew Freeney there have been very few reported cases claiming the ride-sharing drivers form Uber or Lyft who have engaged in criminal battery (Feeney, 2015). On June of 2014 a case where an Uber driver Daveea Whitmire 28 y/o who had prior felony non-person crimes worked in the San Francisco area. According to the fact-finding report, Whitmire had two criminal convictions of selling marijuana and selling cocaine.…

    • 614 Words
    • 3 Pages
    Improved Essays
  • Decent Essays

    You also want to drive when other drivers are less likely to drive. For example, when the weather is bad a lot of people don’t want to drive. If you grew up in an area and got comfortable driving in heavy rain storms or in snow, you have an advantage. Some drivers are afraid to drive during the rain or when it’s snowing. This is a great time for you to maximize your Uber earnings.…

    • 161 Words
    • 1 Pages
    Decent Essays
  • Improved Essays

    Lyft Car Essay

    • 933 Words
    • 4 Pages

    As Uber and Lyft make transportation more accessible, less people will purchase vehicles. Metropolitan areas present the demographic most likely to forgo car ownership, with rural communities more likely to continue purchasing cars. These negative effects have yet to transpire. 20-25% of urban vehicles are estimated to be used for ridesharing by 2025, leading to a 20% drop in car ownership . A 20% decline in car sales would be catastrophic for many companies, motivating many to start looking at alternative strategies to adjust to the changing…

    • 933 Words
    • 4 Pages
    Improved Essays
  • Great Essays

    Uber Corporate Strategy

    • 1010 Words
    • 5 Pages

    Analysing with the Boston consulting Group matrix, these two businesses are both in the “problem child” of the matrix which means that they both have a high market growth but currently a low market share within the portfolio. However, revolutions could be made in the corporate-level strategy with the intervention of driverless vehicles technology. The “problem child” have the chance to turn into a “star” in the next few years (Johnson et al., 2014). From the company perspective, Uber truly save the cost of human capital and the delivering speed might be faster than that of a human-driving car. Consumers benefit from paying lower delivery fees and could order food and receiving packages regardless of the weather.…

    • 1010 Words
    • 5 Pages
    Great Essays
  • Superior Essays

    I, 2015). Uber can communicate with Google, store the trip history in Google’s database or hire the Google IT team to work in fixing the security…

    • 2384 Words
    • 10 Pages
    Superior Essays
  • Improved Essays

    In 1930s, the year of Great Depression, New York had as many as 30,000 cab drivers and there were more drivers than passengers. Originally the total number of cab licensed to 16,900, in 1937 but the number decreased to 11,787 licenses, staying equal over the next six decades. In 1967, all the medallion taxicabs were ordered to be painted yellow to cut down unofficial drivers and make taxicabs more recognizable. Industry Analysis: Porter’s Five-force Analysis- This analysis is based on the observation that profit margins vary between industries, which can be elucidated by the structure of an industry.…

    • 705 Words
    • 3 Pages
    Improved Essays