Perceptions Evolve

Uber is a tech giant in the current corporate world whose main goal is to make it simple for customers to find transportation. The application needs internet access, and when a user requests a ride, it finds the ride on its own. Users find this to be very helpful for the following two reasons: first, they avoid having to manually call people to inquire about their availability and look for ride slots; second, the cost of the ride is very reasonable. Since I frequently use local transportation, I find Uber to be more advantageous than looking for a car in my area because the prices are low and haggling is not necessary. When the business was operating profitably, it encountered a situation where its business model did not work in areas where there were more riders and fewer drivers, and vice versa. Uber proposed an algorithm to address the issue by increasing the weight of a parameter that is used in determining the total cost. This would mean that costs would increase when demand...

                      Jeff Bezos is one of the world's wealthiest men and the founder of one of the market's most successful businesses. However, not everyone can become an overnight sensation and remain at the top for an extended period of time, and this requires a combination of talent and hard work. Jeff Bezos is an example of how a novel idea can propel a company to the top. The story begins in 1994, when Jeff Bezos saw the rise of the internet and decided to start a business in the same field, leaving his corporate job to do so.  His idea was to start an online bookstore because at the time, people had to physically go to libraries and not all of the books found were expected to be available for readers. When he first started the company, it did well and was well-received by the users. He then listed his company on the stock exchange in order to attract more investors and expand the business. Soon after the c...

                            WhatsApp is a messaging platform that billions of people use to communicate with one another around the world. WhatsApp is the dominant forerunner in its field, with minimal competitors. WhatsApp was founded in 2009 by Brian Acton and Jan Koum and quickly gained a following because, at the time, BlackBerry had a messaging app, but it was only accessible to BlackBerry users, whereas WhatsApp is available to anyone with internet access. Because messaging over standard networks was expensive, people began to use the application.                But, given that the app is free, how does WhatsApp make money? Brian Acton, the founder of WhatsApp, was very keen on not having games and advertisements in the application and wanted it to function as a simple messaging application with the main goal of maintaining the application's...

                             When Russia was waging a conflict against Ukraine, Europe and the United States provided enormous support to Ukraine by banning Russian goods and recalling gazillions of businesses from Russia, hoping to devastate the Russian economy and force Putin to end the war. However, based on current projections, Europe is about to hit rock bottom and face an economic crisis. The annual inflation rate of energy has increased by 41.9%, food inflation has increased by 10.4%, and 27 countries have slowed their GDP rates due to the impact of the war. What is Putin's strategy, and how did he dominate the geopolitical war against the most developed countries? Europe was pushed into this crisis without even fighting, thanks to Russia's clear strategy of limiting the supply of key European necessities. The war is fought over three necessities: finance, food, and fuel. Europe attempted to ...