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For Many Years,taking a Cab Was the Only Way to Get

question 148

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For many years,taking a cab was the only way to get around in a city that lacked public transportation when one needed to travel a great distance without renting a car.In recent years Lyft and Uber have made significant cuts in the cab industry's income.Before starting Uber,its founders engaged in the major activities involved in operations management.During the development of the Uber app,the founders created a think tank that included a nuclear physicist,a computational neuroscientist,and a machinery expert to predict demand for private hire car drivers and locations for the highest demand.Which of the activities in operations management is represented by the development of the Uber app?


Definitions:

Venture Philanthropy

Investing in social or environmental causes using strategies akin to those in venture capital, aiming for both societal impact and financial return, with a focus on innovation and sustainability.

Venture Philanthropists

Individuals or organizations that invest in non-profits or social enterprises with the expectation of generating a measurable social impact alongside a financial return.

Primary Attributes

The most significant or inherent characteristics or qualities of an object, person, or concept.

Stakeholders

Individuals or groups that have an interest or concern in an organization and can affect or be affected by the business operations.

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