Case analysis about Lyft, business and finance homework help

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The case analysis assignment will concern a sharing economy enterprise like Lyft. Should it alter its human resource or other practices to address possible ethical lapses? The written case should be in essay format, MLA style, and should address each of the following questions. Attached is instructions for the case analysis.

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Answer each of the following questions as you prepare a written case analysis. The written case should be in essay format, MLA style, and should address each of the following questions. Suggested lengths are provided for some of the sections to give you an idea how to allocate your analysis. 1. What is/are the ethical issue(s) in the case? • Identify the issue(s) in a couple of sentences. This is short and concise. • Briefly, in your own words and in a couple of sentences, why is it an issue? • What ethical models are relevant to the issue? For ethical models, consider those discussed in class, for example, utilitarianism, deontology, and Rawlsian fairness. • (Question 1 is the first paragraph of your case analysis. It sets the stage for your analysis. (This section of the paper should be one half to one page.) 2. What are the pertinent facts of the case? • Distinguish between more important and less important facts. • Include as a fact if a code of ethics is available to guide the actors in the case. (Company code of ethics? Industry code? Professional code?) Also include as a fact if specific laws or regulatory standards ons are involved in the case. • These facts must be the foundation for your alternatives and recommendations. • (This section of the paper should be one half to one page. 3. Stakeholders, harms, benefits, and rights • Who are the important stakeholders in the case? • So far in the case, who has been harmed? In what ways? Who has received benefits? What specific benefits were received? • So far in the case, whose rights or what rights have been exercised? How? Whose rights or what rights have been denied? Ø Frame the harms, benefits, and rights in terms of where things stand in the case right now. Later, in alternatives (Question 6), you’ll discuss possible future effects on stakeholders. Ø Primary and secondary stakeholders are discussed in the first chapters in the text. Ø (This section of the paper should be one half to one page.) 4. What are the alternative courses of action to remedy the problem that you have identified? Who must act in each alternative? • Provide three distinct alternatives for the most important ethical issue you identify in Question 1. • The three alternatives should address a range of actions about that one issue only. • (This section should not exceed one page. Do not analyze the alternatives here! ) 5. Thoroughly evaluate the alternatives, their outcomes, and their possible effects on all of the parties involved. • For each alternative: what is the effect on each important stakeholder if this course of action is followed? • Are there any effects on stakeholders whom you do not consider “important”? • Do these alternatives satisfy the ethical model you consider most relevant? • (This can be a lengthy analysis as there are many stakeholders in society. It is a major part of your paper and requires you to consider all of the possibilities and their effects of the stakeholders. It should be approximately three to four pages.) 6. Make a specific recommendation based on your analysis of the case, on the important facts that you’ve identified in Question 2, and support it with an ethical model. A) Be sure that you state how your recommendation is tied to your analysis and facts and how it is supported by ethical models. B) Name any specific professional code(s) of ethics that might be applicable to the entities in this case and state how the code(s) would support your recommendation. Conduct research to find current day codes of ethics that are applicable. Be sure that this is a professional code, not an industry code or regulatory standard. • Your recommendation should be one of three alternatives that you have proposed. Use supporting data (e.g., important facts of case, analysis of alternative, support offered by specific code(s) of professional ethics, key concepts studied in the course) to argue why you recommendation is the best alternative. • Merely stating your opinion without supporting data (e.g., important facts of case, analysis of alternative, support offered by specific code(s) of professional ethics, key concepts studied in the course, and ethical models) is not a recommendation. • Does your recommendation provide a reasoned solution to the issue(s) you identified in Question 1? • (This part of your paper should be approximately one page.) *************************************************************************** • The individual case analysis should be 6 to 8 pages in length with one more page added
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Explanation & Answer

Attached.

Surname 1
Student Name
Professor’s Name:
Course:
Date:
Human Resource or Ethical Lapse?
Many companies in various industries have embraced the use of different styles of doing
their business. A sharing economy strategy is one of the methods utilized by some companies.
Sharing economy is a form of business enterprise where a company accesses human resources or
physical assets with other parties, which can be people or other businesses. The creation of
services or products, their distribution, trading, and utilization of the services or products by
different organizations and individuals are shared (Widener 112). Lyft and Uber are examples of
companies that have adopted this kind of enterprise in the transport and communication industry.
Lyft is a company in the transport and communication industry that provides riding services to
people across the world, who wish travel to different places and this is enhanced by an app
installed on a mobile phone that directs a passenger to a nearby driver (Lyft Company). The
shared resources are human recourses that include human labor, skills and knowledge and
physical resources such as transport routes, mobile phones, privately owned cars, among other
assets. In this case analysis, an ethical issue in Lyft Company is explained alongside relevant
facts. The shareholders of the company, the harms rights, and benefits are also outlined in this
script. Additionally, the possible alternatives to the issue identified and recommendations of to
solve the issue have been explained.

Surname 2
Just like Uber, Lyft experiences the problem of labor to its workers. The drivers have
been complaining about low wages despite the exploding revenues Lyft earns every year.
Similarly, there is the issue driver security to the company in such a way that Lyft drivers are
required by the company to be fingerprinted like a criminal check in the firm’s business
operations since driver turnover is so high (Holloway 41). Rawlsian fairness and utilitarianism
models are compatible models that apply to the issues above. Drivers of the Lyft Company
complain of low salaries they earn since they feel the wages are not satisfying and that their
complaints may result in maximum satisfaction. They believe that their labor that is maximally
utilized should be maximally rewarded as it applicable for the utilitarianism model. Also, the
drivers are not happy about being fingerprinted and claim that it is unfair for them. The Rawlsian
model best applies to this issue.

Surname 3
Works Cited
Holloway , Caleb. "Uber Unsettled: How Existsing Taxicab Regulations Fail to Address
Transportation Network Companies and Why Local Regulators should Embrace Uber,
Lyft, an Comparable Innovators." Wake Forest Journal of Busines and Intellectual
Propery Law 16.1 (2015): 22-67. Print.
Lyft Company. A Ride Whenever You Need One - Lyft. 2017. Interne Source. 7 June 2017.
Widener, Michael N. ""Shared Spatial Regulating in Sharing-Economy Districts" ." Seton Hall
Law Review 46.1 (2015): 111-188. Print.

Attached.

Surname 1
Student Name
Professor’s Name:
Course:
Date:
Human Resource or Ethical Lapse?
Many companies in various industries have embraced the use of different styles of doing
their business. A sharing economy strategy is one of the methods utilized by some companies.
Sharing econ...


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