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Uber Is an Example of a Business Model That Has

question 57

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Uber is an example of a business model that has strengthened the bargaining power of suppliers (cab drivers) with respect to middlemen who took a cut of their services (e.g. cab companies).


Definitions:

Group's Attractiveness

The qualities or attributes of a group that draw members to it and contribute to their desire to belong and participate actively.

Cohesiveness

The degree to which members of a group or team are attracted to each other and motivated to stay in the group.

Ostracism

The social exclusion or expulsion of an individual from a group or society, often used as a form of social punishment.

Broader Influence

The extended or wide-ranging effect, impact, or authority that something or someone possesses.

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