However, from the Uber business model, it can be seen that the model is also accompanied by some economic implications. First of all, the model seems to be creating unfair competition since Uber competes taxi companies that it activates, though it has no employees of its own, has a general cost reduction, and does not own any car. Secondly, the governments are compelled to seek new e-commerce regulations due to the nature of the business model of Uber. The long-term implication of this trend is the “economic instability for drivers” because they have no regular income like salary. It is their work that dictates how much they earn.
References Kessler, M. L. and Zhang, Y. (2016). Transportation Network Companies: What does the Future Hold? . Florida: University of South Florida . ASSOCHAM. (2015). Future of e-Commerce: Uncovering Innovation. India: Deloitte Touche Tohmatsu Limited. Retrieved from Hyder, Y. (2014, February 7). UBER’S EVOLUTION ROM SAN FRANCISCO TO INTERNATIONAL DISRUPTION . Retrieved from Uber: Case Study : innovationtactics. (2017, January 1). Business-Model-Canvas-Uber . Retrieved from innovationtactics.com: - content/uploads/2018/01/Business-Model-Canvas-Uber.pdf Mangalindan, J. P. (2012, February 2). The trials of Uber . Retrieved from Fortune:
You've reached the end of your free preview.
Want to read all 5 pages?
- Summer '18
- Pr. Apunda Nyang'
- Deloitte, Uber app