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Uber is considering adding a service to their current offering. Instead of picking up people and taking them to their destination, Uber is thinking about adding a local pickup and delivery service for things such as documents, packages, and food products. With Walmart now offering pickup grocery service, a person could order and have Uber actually do the pickup and delivery. Focus groups indicate that there is a potentially large demand for this service. Before introducing this across the Uber system, Uber has chosen to try the service out in Phoenix and St. Louis. The pickup and delivery service is in the_________ stage of the new-product development.
Installment Method
An accounting method used to recognize revenue and expenses on long-term contracts and other sales where payment is received in installments.
Qualitative Characteristic
Features or attributes that describe the non-numeric aspects of goods, services, processes or information, often related to quality.
Reliability
The quality or state of being dependable or consistent in performance or outcome.
Business Reporting
Business reporting involves the preparation and presentation of information about a company's performance to stakeholders.
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