Please use the following online resources or articles (see below or attached) to locate information about your company and answer these questions (10 points each).

Question

The company which you work on is Lyft.

1. What is the business of company (i.e., what products and/or services are delivered?)

2. What is this company’s competitive advantage? (Why would a customer choose to purchase products from this company rather than others?)

3. What are the plans to service customers in the future (i.e., any future products)?

4. What is their current financial situation and long-term outlook?

5. What kinds of jobs are available at this company?

6. What is the corporate culture like? (Are there opportunities for career growth? Any labor rights issues? Any scandal company is involved in?)

7. What strategies do you recommend for this organization to sustain competitive advantage in the industry?

8. At the moment, what special challenges does this company face and how is the chosen strategy responding to these challenges?

9. What implementation problems do you envision? (related to 8#)

10. How could the firm avoid or solve these problems?

Note: The company that I choose is Lyft.

Komalavalli · Accepted Answer

Lyft:
1. The company Lyft is offering services like vehicles for hire, a bicycle sharing system, food delivery, motorized scooters and also develops apps related to this service.
2. Lyft's competitive edge in the industry stems from its long-term objective of delivering easy service by enhancing customer experience throughout the commute by allowing passengers to evaluate drivers and provide anonymous input on possible areas of improvement.
3. Lyft is planning to  concentrate on what it does best with autonomous vehicles, such as customer interface, and managing, routing maintaining, and cleaning partners' autonomous vehicle fleets, which may result in more income.
4. The net loss for the second quarter of 2021 was $251.9 million, compared to a net loss of $437.1 million in the same period of 2020. The net loss for the second quarter includes $207.8 million in stock-based compensation and related payroll tax expenditures,

Please use the following online resources or articles (see below or attached) to locate information about your company and answer these questions (10 points each). The company which you work on is...

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