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Business and Society 15th Edition by Anne Lawrence,James Weber
Edition 15ISBN: 978-1259315411Business and Society 15th Edition by Anne Lawrence,James Weber
Edition 15ISBN: 978-1259315411 Exercise 2
What are the various stakeholders' interests? Please indicate if each stakeholder would likely support, or oppose, a requirement that Uber extend its insurance to cover the app-on gap.
Explanation
Verified
Verified
Case summary:
A mother and her two children met with an accident. There were hit by a cab driven by a driver of Company U. The mother suffered severe injuries and her two children died. Company U argued that the driver was not on duty during the time of accident. However, the attorney of the family found that the driver had logged in Company U's application at the time of accident.
Legislator S has introduced a bill. It states that ride-hailing companies have to provide commercial liability insurance in case of accidents, if the driver is logged into the company's application. Country A's insurance association supported this bill; whereas, the ride hailing companies strongly opposed it.
Interests of stakeholders:
Employees and the competitors will support the bill because the bill indicates the company to provide support for the driver. Employees will support the claim and will persuade Company U to extend the insurance claim for the incident.
On the other hand, the management and owners of the company will try hard to prove that they are right to avoid paying the bill. Government will stand in the interest of the public.
Conclusion:
Since the bill intends to support the employees, the employees will support the bill and the management and owners will oppose the bill.
A mother and her two children met with an accident. There were hit by a cab driven by a driver of Company U. The mother suffered severe injuries and her two children died. Company U argued that the driver was not on duty during the time of accident. However, the attorney of the family found that the driver had logged in Company U's application at the time of accident.
Legislator S has introduced a bill. It states that ride-hailing companies have to provide commercial liability insurance in case of accidents, if the driver is logged into the company's application. Country A's insurance association supported this bill; whereas, the ride hailing companies strongly opposed it.
Interests of stakeholders:
Employees and the competitors will support the bill because the bill indicates the company to provide support for the driver. Employees will support the claim and will persuade Company U to extend the insurance claim for the incident.
On the other hand, the management and owners of the company will try hard to prove that they are right to avoid paying the bill. Government will stand in the interest of the public.
Conclusion:
Since the bill intends to support the employees, the employees will support the bill and the management and owners will oppose the bill.
Business and Society 15th Edition by Anne Lawrence,James Weber
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