Day: November 20, 2023

Should Uber buy a good share?

To remain the dominant transportation industry player, Uber must stay abreast of developments and constantly adapt to external threats as new competitors enter the market.

Investors need to conduct a fundamental analysis of the financial situation of the company in order to make reasonable investment decisions. This includes a review of financial statements, 10-K and 10-Q reports, stock performance and a focus on factors such as P/E and D/E ratios. For a complete analysis of the company’s activities, the most knowledgeable investors take into account external factors in addition to the company itself. Porter’s Five Forces model is a valuable tool for studying how specific external factors affect a company.

The Five Forces model was developed by Michael Porter in 1979 because he believed that the tools available at the time, such as SWOT analysis, which only factored in the company’s strengths, weaknesses, opportunities, and threats, were not comprehensive enough to adequately assess market forces.

Vertical and horizontal threats.

Porter’s Five Forces model helps identify a company’s competitive threats by analyzing three types of horizontal threats emanating from other competitors and two types of vertical threats emanating from a supply chain that can put the company at a disadvantage. The three horizontal threats considered were industry competition, market entry opportunities and substitutes. Two vertical threats are considered: the bargaining power of suppliers and buyers. Let’s see how this relates to Uber.

Understanding Uber.

Uber Technologies, Inc., better known as Uber, offers passenger, food and freight services. Headquartered in San Francisco, the company operates in some 70 countries and more than 10,000 cities worldwide. With more than 130 million monthly active users and 6 million active drivers and couriers, Uber facilitates an average of 25 million trips per day. Since its inception in 2010, it has facilitated more than 42 billion trips, making it the largest rice rental company in the United States.

Uber Threats.

An analysis by Uber’s Five Forces shows that while the company faces significant competition in the transportation industry, its market dominance and brand recognition have allowed it to remain a major player. However, there are potential threats from new players and substitutes that could negatively impact Uber’s position in the market. In terms of vertical threats, Uber faced a backlash from both suppliers (drivers) and buyers (passengers), leading to disputes and legal disputes.

Let’s take a closer look at each of these threats.

Competition in Industry.

Uber faces competition from other companies, such as Lyft, DiDi, and Ola Cabs. While these companies offer similar services, Uber differs in that it offers wider geographical coverage, more diverse transportation options (such as ride-sharing compared to traditional taxis), and advanced technology features in its app. However, entry costs for new entrants to the taxi industry are relatively low, meaning that Uber must continue to innovate and offer competitive prices to maintain its market share.

The threat of new entrants.

As noted above, barriers to entry in the road transport market for new players are relatively low. This has led to increased competition, especially in major cities, where Uber has already established a presence. To combat this threat, Uber has expanded its offerings to include other modes of transportation, such as electric bike and scooter rental, giving it an advantage over potential new entrants.

Availability of substitutes.

The availability of alternative services is another threat facing Uber. With the advent of car-sharing apps like Zipcar and bike-sharing programs like Citi Bike, people are better able to travel short distances. Although these services cannot compete directly with Uber’s core offerings, they do offer alternatives for certain types of rides that would otherwise be undertaken using Uber’s ride.

The bargaining power of suppliers.

Uber’s suppliers are its driving forces, having faced problems like low pay and lack of benefits in the past, leading to protests and lawsuits against the company. This has increased Uber’s labor costs, which could affect its long-term profitability if it is not managed effectively.

The commercial power of buyers.

Passengers have considerable bargaining power when it comes to using ride-hailing services. With low cost and a wide range of options available, passengers can easily switch from one supplier to another, depending on price and convenience. This forces Uber to constantly offer competitive prices and maintain a high level of service in order to maintain its customer base.

In summary.

Although Uber has faced some significant external threats since its inception, it has managed to remain a dominant player in the transportation industry through innovation, diversification, and strong brand recognition. However, as the market continues to evolve and new players take the lead, Uber must continually adapt and stay ahead of the competition to remain an attractive investment option. As markets become more competitive, companies must remain informed and aware of external threats to prosperity.

Talk To Your Counselor.

Contact your advisor to determine if Uber is the right add-on to your portfolio. They will help you understand market trends and how external factors may affect your investment. With the right knowledge and guidance, you can make informed decisions that will benefit your financial goals in the long run. Remember that understanding external forces is critical to the success of any company, and it’s worth it to stay informed and proactive in today’s fast-paced business world. The world of finance is constantly evolving, and it is important that you have someone in your corner who can help you through the ups and downs. So keep learning new strategies, stay ahead of the game, and make informed investment decisions.

Read more / Original news source: https://manipurhub.com/should-uber-buy-a-good-share-359/

Funny | It Happened To Me.

The day my alarm went out from under the hay and made me look like a car thief.

It was embarrassing at the time, but today it makes me laugh.

In January 1989, two weeks after I bought my fourth car, it was stolen.

I couldn’t believe it!

It ended my naive approach to safety.

Shortly after I returned the car, I set up the alarm and started to use the gearshift lever and manual brake lock. And I avoided the public car park from which it was stolen.

Setting the alarm.

My supervisor at work had his own alarm business on the side, and he recommended the alarm Moss, which was a popular and widely available brand here in the UK at the time.

The alarm was equipped with an ultrasonic motion sensor mounted on the dashboard, a siren under the hood and a keyfob remote control to arm and disarm it.

The installation was not too complicated, but running the wires was a little painful.

One of the wires seemed unnecessary. Its purpose was to block the alarm when the engine was running. I didn’t see any reason to connect it, considering you turned off the alarm with the remote before you entered the car. (I’m not sure the manual says it’s optional.)

After installation everything worked correctly.

Pressing a button on the remote control led to one buzzer indicating that the signal was set. Another press made three beeps and turned it off again.

However, I will soon find out why this braking wire was necessary.

An unforgettable journey.

A few days later, I was driving to work on the usual 70-mile roadway.

I wasn’t hanging around at the time, and I was on the outer track, “walking all the way,” as Rigsby might say in the rising dampness.

I set the beginning of the video to 0:22. The opening scene is so funny!

I just had to share it. But let’s go back to this story.

Like I said, I was driving in the outer lane when I heard the sound:

* SOUND *.

Time seemed to stop.

If it were a TV show, I’d look at the camera, trying to emulate Bea Arthur and Oliver Hardy’s knowing styles, because that beep was the signal sound that my car’s alarm went off – while I was driving!

No.

It could not have been.

After all, in theory, the alarm could be turned on only by pressing a button on the remote control. And certainly wouldn’t press the button.

I must have imagined it.

Of course?

Afraid to move.

With minimal head movement, I looked at the ultrasonic sensor on the top of the dashboard, knowing that if it were active, it would pick up the slightest movement.

I tried to act like a statue – even breathing was risky. But it was useless.

Seconds later, the sensor picked me up, the alarm went off, and I was driving along with my headlights flashing and the siren screaming!

I grabbed the remote control that was in the middle of my keys near the ignition key and pressed the button. I don’t remember if it silenced the alarm or not, but if it did, it only happened for a moment.

My slide was fast approaching, so I took the exit and stopped on my stiff shoulder. It was close to the town and I remember the pedestrians watching me get out of the car with the siren still exploding and the headlights still flashing.

I must have looked very suspicious, opening the hood and pulling a bundle of wires out of the siren!

Luckily, no one interrogated me until I closed the hood and set off.

After a while.

As you can imagine when I connected the alarm, I also connected an “additional” wire lock!

Looking back, the remote control receiver was unable to distinguish between electrical interference from the ignition system and the signal to turn on the alarm. The additional wire was a manufacturer’s workaround to prevent it from activating the system while the engine was running.

My initial desire to simplify the installation certainly led to an unforgettable journey!

Alan.

It’s a similar story.

Read more / Original news source: https://manipurhub.com/the-day-my-alarm-went-out-from-under-the-hay-and-made-me-look-like-a-car-thief-351/