The Internet may not make corporations obsolete, but the corporations will have to change their business models. Do you agree? Why or why not?

Can Uber Be the Uber of Everything
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Answers

Answer 1

Answer:

I agree that the Internet has already brought significant changes to the business landscape, and corporations must adapt their business models to stay competitive and relevant in the digital age. While the Internet has not made corporations obsolete, it has disrupted traditional business models and forced companies to rethink how they interact with customers, distribute products and services, and compete in the global market.

The rise of the Internet and e-commerce has made it easier for consumers to access a wider range of products and services from anywhere in the world, which has increased competition and put pressure on corporations to adapt. Companies that have been slow to adopt new technologies and embrace the digital economy have been left behind, while those that have embraced new models and ways of doing business have thrived.

For example, companies like Amazon, Netflix, and Airbnb have disrupted traditional business models by leveraging the power of the Internet to create new and innovative business models. These companies have redefined how products and services are distributed and consumed, and have created new opportunities for consumers and businesses alike.

However, the challenge for corporations is not just about adapting to new technologies, but also about changing their mindset and culture to embrace innovation and agility. This requires a willingness to experiment, take risks, and invest in new ideas and technologies that may not have an immediate payoff but are necessary for long-term success.

Uber has become one of the most successful and recognizable brands in the world, with its ride-hailing service operating in hundreds of cities around the globe. However, the question of whether Uber can become the Uber of everything is a complex one that depends on several factors.

On the one hand, Uber has already expanded beyond ride-hailing with the introduction of Uber Eats and Uber Freight, which offer food delivery and freight shipping services, respectively. These services have been successful in their own right, and there is potential for Uber to continue to expand into other areas where on-demand services are in demand.

However, the challenge for Uber is that not all industries are the same, and different industries have different regulations, customer needs, and competitive landscapes. While Uber has been able to disrupt the traditional taxi industry with its ride-hailing service, it may not be as successful in other industries where entrenched players have a strong foothold.

Moreover, Uber's brand may not be as applicable to other industries as it is to ride-hailing. While "Uber" has become synonymous with on-demand services, it may not carry the same weight in other industries where trust, reliability, and quality are the most important factors.

In conclusion, while Uber has already expanded beyond ride-hailing and has the potential to continue to do so, it is unlikely that it can become the Uber of everything. Different industries have different needs, and there may be other players who are better positioned to provide on-demand services in those industries. However, Uber can still leverage its brand, technology, and expertise to expand into new markets and provide innovative solutions to customers' needs.

Explanation:


Related Questions

On Gothic cathedrals, there are often waterspouts sculpted from stone that extend out from the building and may have a scary appearance. What are these structures called?

A.
apses

B.
gargoyles

C.
ribbed vaults

D.
flying buttresses

Answers

Answer:

These tructures are simply called, gargoyles

Draft an individual investment policy statement as a guide to your future investment planning. What will be the advantages of having an investment policy statement?

Answers

Your financial future is guided by a strong IPS. An investment policy statement can be a crucial and practical tool since it establishes the basis for a client-financial adviser relationship and offers a clear course of action. The IPS information includes information on the advisor's decision-making process.

What exactly is an investment policy statement?

It is a contract between a client and a financial advisor stating how the advisor will help the client achieve their financial objectives. It needs to be customized based on the client's unique financial and investment information as well as the financial advisor's fees. Financial advisors use an Investment Policy Statement or IPS as a strategic document to lay forth principles that can help launch and manage a client's investment program.

A summary of investment policy statement

John Alberto, a 65-year-old individual investor

Individual, Taxable Portfolio

Condition: California

ID tax: xxx-xx-xxxx

$75,000 in current assets

Return Target: 8%

Worst-case scenario annual loss cap: 12–15%

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What is the difference between a future taxable amount and a future deductible amount? And does this affect the beginning balances of deferred tax asset and deferred tax liability?

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A future taxable amount is an amount of income that is expected to be subject to taxation in the future, while a future deductible amount is an expense that is expected to be deductible from taxable income in the future.

What is taxable amount?

Taxable amount is the total amount of income or profit that is subject to taxation. It is the amount of money that an individual or business must pay taxes on after deductions and exemptions have been taken into account. Taxable amount is calculated by subtracting the deductions and exemptions from the total amount of income or profit. This amount can be calculated on an individual basis or on a business basis. Depending on the jurisdiction, the taxes may be imposed at different rates and be collected by different levels of government.

This does affect the beginning balances of deferred tax asset and deferred tax liability. A deferred tax asset is created when a future deductible amount is expected to exceed a future taxable amount, resulting in an estimated future tax benefit. Conversely, a deferred tax liability is created when a future taxable amount is expected to exceed a future deductible amount, resulting in an estimated future tax expense.

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1.Below is a demand schedule facing an individual firm. Complete the table by computing average revenue, total revenue, and marginal revenue. Then answer the following two questions: (a) How can you tell whether a firm is operating in a market that is purely competitive? (b) What relationship exists between average revenue and marginal revenue? (6 marks)

Quantity Average Total Marginal
Price demanded revenue revenue revenue
$30 0 $_____ $_____ –––
30 1 _____ _____ $_____
30 2 _____ _____ _____
30 3 _____ _____ _____
30 4 _____ _____ _____
30 5 _____ _____ _____
30 6 _____ _____ _____

Answers

A) You can tell whether a firm is operating in a market that is purely competitive if the average revenue is equal to the price of the good or service being sold.

What is firm?

Firm is an economic organization that produces and distributes goods, services, or both, to consumers. It is a business entity, typically owned and operated by one or more people, which provides the capital and resources for the production, acquisition, and distribution of goods, services, and other resources. Firms can range in size from sole proprietorships to large multinational corporations. A firm's success depends upon its ability to manage resources effectively and efficiently in order to achieve a desired level of profitability.

(b) The relationship between average revenue and marginal revenue is that they are both equal at the point of perfect competition.

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Question 12 (4 points)
A country's trade balance will fall if either
investment or saving rise.
investment falls or saving rises.
Saving falls or investment rises.
investment or saving fall.

Answers

The only response that accurately predicts when a nation's trade balance would decline is "Savings decreases or investment rises."

The concept of rise in investment

The trade balance is the difference between a country's exports and imports of goods and services. If a country's exports exceed its imports, it has a trade surplus, and if its imports exceed its exports, it has a trade deficit.

Investment and saving are two important macroeconomic variables that can affect a country's trade balance. Investment refers to the amount of money that businesses and governments spend on capital goods, such as machinery, buildings, and infrastructure. Saving, on the other hand, refers to the portion of income that households and businesses do not spend and instead put into savings accounts or invest in financial assets.

If investment rises, businesses and governments are buying more capital goods, which can increase production and exports. Similarly, if saving falls, households and businesses are spending more money on consumption, which can increase imports. Both of these scenarios can lead to a trade deficit.

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1.a) True or False: A firm is in the value destroying stage whenROIC < WACCb) True or False: ROIC and size are not correlated

Answers

The statement "A firm is in the value destroying stage when ROIC < WACC" is true because the ROIC is a measure of how effectively a company generates profits from its capital investments, while the WACC represents the cost of that capital. The statement "ROIC and size are not correlated" is false because there can be a correlation between ROIC and size in certain industries and situations.

If the ROIC is less than the WACC, it means that the company is not generating sufficient returns on its invested capital, and is effectively destroying value for its shareholders.

In some industries, such as manufacturing or retail, larger companies may benefit from economies of scale, which can lead to higher ROIC. In other industries, such as technology or biotech, smaller companies may have a competitive advantage due to greater flexibility and innovation, which can also lead to higher ROIC.

However, there is no clear or consistent relationship between ROIC and company size, and other factors such as industry structure and competitive position may play a more significant role in determining a company's ROIC.

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State the minimum monthly income, an hourly wage per hour, needed to cover monthly expenses for the family used in part a and explain how to calculate the hourly wage based on the monthly income and state the hourly wage. assume that each full-time worker works four 40 hour work weeks per month and each part time worker works two 40 hour weeks per month.

Answers

Divide wages by using hours and that is your hourly rate. If you work longer hours at positive times of the month, then track your time for a month, and divide your annual pay by way of 12.

How do you calculate hourly charge from monthly income?

Get the hours per months = Hours in Year ÷ 12 (months) Get Hourly Pay = Monthly Salary ÷ Hours Per Month.

Daily fee of pay for a monthly-rated employee is calculated the usage of the formulation below: Regular Days Rate of pay = Employee's Monthly Rate of pay / 26 days.

The ADW calculated is the price of pay mirrored in the system. This is the formula used: Total Wage (for the applicable period) / Number of Days (same relevant period)

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Exercise 11-11 Capitalizing interest (LO 11-2)
Kobe Company began constructing a building for its own use in February 20X1. During 20X1, Kobe incurred interest of $70,000 on specific construction debt and $15,000 on other borrowings. Interest computed on the weighted-average amount of accumulated expenditures for the building during 20X1 was $60,000.



Required:

1a. What amount of interest should Kobe capitalize?

1b. Prepare the journal entry to record payment of the interest.

2. If interest computed on the weighted-average amount of accumulated expenditures for the building during 20X1 was instead $90,000, what amount of interest should Kobe capitalize?

Answers

1a. Kobe should capitalize $60,000 of interest.

1b. The journal entry to record payment of the interest would be:

Interest Expense 60,000 and Interest Payable 60,000

2. Kobe should still capitalize $70,000 of interest.

What is an interest?

1a. The amount of interest that Kobe should capitalize is the lesser of the actual interest incurred on the specific construction debt, which is $70,000, and the amount of interest computed on the weighted-average amount of accumulated expenditures, which is $60,000. Therefore, Kobe should capitalize $60,000 of interest.

1b. The journal entry to record payment of the interest would be:

Interest Expense 60,000

Interest Payable 60,000

2. If interest computed on the weighted-average amount of accumulated expenditures for the building during 20X1 was instead $90,000, Kobe would still only capitalize the lesser of the actual interest incurred on the specific construction debt, which is $70,000, and the amount of interest computed on the weighted-average amount of accumulated expenditures, which is $90,000. Therefore, Kobe should still capitalize $70,000 of interest.

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Explain with examples, why the study of macroeconomics is important to an undergraduate student of Economics in Nigeria.

Answers

Macroeconomics is the study of the overall performance and behavior of the economy as a whole, including the factors that influence economic growth, inflation, unemployment, and international trade. The study of macroeconomics is important to an undergraduate student of economics in Nigeria for several reasons:

1. Understanding the overall economy: Knowledge of macroeconomics is essential for understanding the overall performance and behavior of the Nigerian economy. This includes analyzing key macroeconomic indicators such as Gross Domestic Product (GDP), inflation rates, unemployment rates, and trade balances.

2. Policy-making: Understanding macroeconomics is essential for policy-making at the government level. This includes understanding how monetary policy and fiscal policy can be used to stabilize the economy, promote economic growth, and reduce inflation and unemployment rates.

3. Business decision-making: Understanding macroeconomics is also important for business decision-making. For instance, a business owner needs to understand macroeconomic trends such as inflation and exchange rates in order to make informed decisions about pricing, production, and investment.

4. International trade: Macro economics is important to international trade because it explains the workings of the global economy and how different countries interact with one another. For example, a student of macroeconomics can understand the factors that influence exchange rates and how these impact international trade between Nigeria and other countries.

5. Personal financial planning: Finally, understanding macroeconomics is important for personal financial planning. This includes understanding how inflation and exchange rates impact the value of money over time, and how these factors affect personal savings and investments.

To illustrate the importance of macroeconomics to an undergraduate student of economics in Nigeria, consider the following examples:

1. Suppose a student is interested in starting a business in Nigeria. Understanding macroeconomics would be essential for analyzing the overall economic environment and identifying potential opportunities and risks. For instance, the student needs to understand the current inflation rate, exchange rate, and interest rates in order to make informed decisions about financing, pricing, and production.

2. Suppose a student is interested in pursuing a career in government or public policy. Understanding macroeconomics would be essential for analyzing and formulating policies that promote economic growth, reduce inflation and unemployment rates, and stabilize the economy.

3. Suppose a student is interested in pursuing a career in international trade. Understanding macroeconomics would be essential for analyzing the global economy and identifying potential opportunities and risks in international trade. For instance, the student needs to understand how exchange rates impact the competitiveness of Nigerian exports and how trade policies affect international trade relations.


Hope this helps!!

Business Plan
Type questions and answers. Answers must thorough and in complete sentences.
Please answer I’m so confused??

Answers

The three types of business plans are:

Startup Business Plan: This type of plan is used by entrepreneurs who are starting a new business.

Strategic Business Plan: A strategic business plan is designed for existing businesses that want to set a clear direction for growth and expansion.

Operational Business Plan: An operational business plan is used to guide day-to-day operations and management decisions.

What does a Business plan means?

A business plan is a written document that describes in detail how a business will achieve its goals and objectives. It typically includes information on the company's products or services, target market, marketing strategy, financial projections, and other critical details that are essential to the success of the business.

A business plan is often used to secure funding from investors or lenders, but it can also serve as a roadmap for the company's growth and development.

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Which of the following characteristics typically makes a training module more effective for an employee?

a) It is tailored to the specific needs of the employee and focuses on realistic situations that employees’ face in their daily roles

b) It focuses on presenting abstract concepts to employees rather than getting into details about practical applications in their jobs

c) It is at a large, attractive venue where lots of people can sit and listen to a well-known speaker it at the same time

Answers

Option (a) It is tailored to the specific needs of the employee and focuses on realistic situations that employees face in their daily roles is the characteristic that typically makes a training module more effective for an employee. An organization will undoubtedly attract better talent and sustain itself if it develops its employees' talents and considers its expansion.

How do training programs in an organization benefit the employees?

In order to increase an employee's performance and productivity in their present company or work role, employee training and development is a program that teaches them a specific skill as well as knowledge. It enhanced present performance and supported increased employee development.  Also, it aids the firm in avoiding the expenditures associated with losing talent.

More staff can be retained by businesses with effective training and development programs, which also increase profitability and boost employee engagement. In addition to assisting an employee's progress, training and development also encourages business growth. Also, it aids in letting workers know that they are appreciated by the company. Employee development, however, has a wider focus. It is a sustained endeavor that is concerned with a person's growth.

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Income tax is calculated based on:
O A. gross income.
O B. net income minus profits.
о C. net income minus deductions.
D. gross income minus deductions.

Answers

Income tax is calculated based on: C. net income minus deductions.

How is income tax calculated?

Income tax is calculated based on the net income of an individual or entity, which is the income after deducting allowable deductions from the gross income. Deductions are expenses or exemptions that are allowed by tax laws to reduce the taxable income, and they can include items such as business expenses, charitable donations, and certain personal expenses.

The net income, which is the remaining income after deductions, is then subject to the applicable tax rates according to the tax bracket of the taxpayer. Therefore, option C, "net income minus deductions," is the correct statement for how income tax is calculated.

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