...Submitted to: Submitted by: Arpita Agnihotri Ma’am Suraj Gupta- 11BSPHH010870 IBS Hyderabad Vikas Choudhary- 11BSPHH010950 Giriraj Maloo- 11BSPHH010307 INDUSTRY BACKGROUND Taxi cabs are small cars or vehicles hired for a small group of passengers on non-sharing basis. The journey of taxi cabs in India began somewhere in 1910s as a replacement of horse wagons. The first taxis were the traditional Ambassador and Premier Padmini painted black and yellow to serve the Indians for daily commuting. These were metered taxis that gradually had spread over to various cities including Mumbai, Delhi, Bangalore and other major cities of the country. The business started sprouting results and thus it expanded the footprints in almost all the cities with a further addition of Fiat taxis. The taxi services or car rentals are available for all categories of people, be it middle class, company’s employees, high income groups or families. The service providers ensure that traffic chaos are handled and up to the expectations of the consumers. Gradually, with the changing generation and advancing technology, people have started desiring for enhanced comfort, luxury and service due to the high generated income and overall economic growth. This has shifted the trend from normal black and yellow taxis to other luxury cars including Tata Indigo, Tata Indica, Toyota Corolla, Mahindra Renault Logan, and many more, eventually giving an end to the ubiquitous...
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... Relying on MERU- Serving Customers Anywhere, Anytime On a cool Tuesday morning of November 13, 2011, the atmosphere inside the “Meru Cabs” office in Vishakhapatnam was the one of panic. Mr Rajiv Mishra, the franchise owner of Meru Cabs in Vishakhapatnam, was looking at the preliminary reports of 3rd quarter of 2011 which was also the first quarter of their operations in Vishakhapatnam. The results were not really encouraging. The profits were not as per their budget forecasts. Further, the decision of Meru Cabs’ entry in Tier II and Tier III cities would be based on the performance of their Vishakhapatnam operations. Sitting opposite Mr Rajiv, was Mr Ramesh Chandra, Engagement Manager of a well-known consulting company. Mr Rajiv had sought external help to analyse the problem, and this was the third day of their meeting. Mr Ramesh and his team had already performed some analysis and they had narrowed down the problem to that of efficient assignment. Today’s meeting was arranged so that Mr Rajiv can be apprised of the situation and the next steps could be discussed. All along, Mr Rajiv had been thinking that it was the problem of excess cabs and too few customers, which clearly was not the case. Both men agreed to the fact that Effective assignment was the missing piece in the puzzle and that, they need to come up with a software application which would facilitate that, and they were thinking about an effective way which would help them start tackling the problem. Meru Cabs - Background ...
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...Question: Does Meru Cabs have a monopoly amongst long distance commuters in South Mumbai? Traditional Cabs Mega Word count: 3,996 Abstract Through this essay, I wish to investigate the market structure in which Meru, a privatized taxi service provider that networks throughout the city of Mumbai, functions in. As the popularity of Meru continues to grow rapidly, it invoked a few rather interesting questions; what kind of market structure does it comply to? “Does Meru Cabs have a monopoly amongst long distance commuters in South Mumbai?” Meru are one of the first to introduce quality taxi services in Mumbai, and cater to both North and South Mumbai residents. To investigate the market structure, many forms of data collection were considered. These include a survey with forty-five people amongst which half were from my building and locality (South Mumbai) and friends and family residing in the north. Also to further explore, I carried out a tabulated observation at the Mumbai Domestic Airport (North Mumbai) to tally mark the number of travelers traveling in different kinds of taxis and took an interview with Meru. The data obtained has been analyzed and represented with the help of diagrams such as pie charts, tables, and graphs. The market structure of taxi providers in Mumbai have characteristics of an oligopoly, however, Meru appear to be reaping the benefits of a monopoly. Nevertheless, the market structure deems the distinctiveness of an oligopoly and Meru faces competition...
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...RESOURCES MERU NORTH DISTRICT ENVIRONMENT ACTION PLAN 2009-2013 EXECUTIVE SUMMARY Economic growth and environment are closely intertwined in Kenya’s development. Environmental Action Planning is a tool that aims at enhancing the integration of environment into development planning. Meru North District faces many environmental challenges with some being unique to the District. Some of the challenges include; Poverty has lead to the over-use and destruction of environment. Continued reliance on trees for fuel and wetlands for farming and its resources has lead to deforestation and wetland encroachment. Annual flooding continues to destroy property and frustrate farming. The DEAP highlights priority themes and activities for the District towards achieving sustainable development. The report is divided into eight chapters. Chapter one gives the challenges of sustainable development and also describes the rationale for and preparatory process of the DEAP. The chapter introduces the district’s main profile covering the physical features, demographic, agroecological zones, and main environmental issues. Chapter two describes the District’s Environment and Natural resources of Land, Water, Biodiversity (forest, wildlife, and Dry lands biodiversity), wetlands and agriculture, livestock and fisheries. For each resource, major environmental issues, challenges and proposed interventions are identified. Chapter three discusses the Human settlements and infrastructure in Meru North District...
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...actively seek “blue oceans”; uncontested spaces within the competitive market where companies have greatest potential for profit, growth, and market share. Organizations often find “blue oceans” by leveraging disruptive technologies that change the rules of the game within the competitive environment. In presenting a strategic disruptive innovation, I will use the example of Meru Cabs Private Limited (Meru), India’s first radio-cab service introduced in April 2007. Meru has a an interesting history in the context of competitive strategy in that when its services were first introduced by IVCF, the company that owns Meru, no service of its kind was previously available in India. Over the last four years, several companies have introduced radio-cab services that were essentially identical to that of Meru. While the radio-cab industry in India has become a “red ocean”, where several companies are competing for profits and market share, Meru, by virtue of being the first entrant, has established its brand as a provider of comfortable and trustworthy means of transport within major metro cities. Prior to Meru Cabs, the only available modes of transport in major Indian metros were public transport (local rail and bus), yellow cabs and auto-rickshaws or private cars. While public transport is comparatively the cheapest mode of transport, local rail and bus lines are overcrowded, carrying almost three times the listed capacity during rush hour times. Yellow cabs and auto rickshaws while...
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...Business Research Methods (BRM) Project submission on Meru Cabs: Why is this cab service provider losing market share? Submitted by: Group 8 Submitted by: Group 8 Aditi Chaudhary | PGP/19/183 | Alka | PGP/19/186 | Alla Bharath Reddy | PGP/19/187 | Avishek Pandey | PGP/19/196 | Miranda Boro | PGP/19/207 | Md. Talha | PGP/19/208 | Declaration "We hereby declare that this submission is our own work and that, to the best of our knowledge and belief, it contains no material previously published or written by another person nor material which has been accepted for the award of any other degree or diploma of the university or other institute of higher learning, except where due acknowledgment has been made in the text.” Contents Introduction 1. Business Research problem 2. Why did we select it? 3. Introduction 4. Research Methods 5. Information regarding collection of data a. Quantitative b. Qualitative 6. Research Methodology c. Survey d. Focus Groups Discussions 7. Expected analysis and outcome Conclusion Business Research problem: “Why is Meru cabs losing its market share? “ The overall bookings are very less on Meru as compared to its competitors and it is lagging behind low-cost cab service providers such as Ola, Uber and Taxi for sure. Our present research proposal addresses this issue and tries to find out the reasons behind the same. Why did we select it? Many of our team members...
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...introduced in 2006, they came as a welcome reprieve in a country of 1.3 billion people of whom only 2 percent own cars. This makes the industry very attractive as it virtually means a market with unlimited demand that is only constrained by the supply side. The Indian taxi market is estimated at $6-$9 billion and witnessing an industry growth of about 17 – 20 per cent per annum. At this rate, the market is projected at a whopping $25 billion by 2025. The major players of the industry are Meru Cabs, Mega Cabs, Easy Cabs, and Ola Cabs with smaller players such as Carzonrent, Yo Cabs, Quick Cabs, Savaari Cabs, Taxiforsure and new entrants such as Uber. The organized taxi segment is only 5 percent of the market, compared with 70-80 percent in developed countries. Meru Cabs, Easy Cabs and Mega Cabs together comprise of approximately 70% of the market share. According to a recent study, the radio cab market comprises of 15000 + cabs with three large multicity operators (Meru Cabs, Mega Cabs and Easy Cabs). Meru Cabs is currently the largest radio cab operator in the country with a market share of approximately 50% and a fleet of 7000 + cabs, followed by Mega cabs with 2800 cabs and Easy Cabs with 3000 radio taxis. The radio taxi market in India can be viewed as an example of oligopoly competition. This refers to a market situation in which there are a large numbers of firms which sell closely related and less differentiated products. Each service provider is in a position to exercise some...
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...MERU UNIVERSITY OF SCIENCE AND TECHNOLOGY MANAGEMENT RESEARCH PROJECT AN INVESTIGATION OF THE EFFECTS OF DIVERSITY MANAGEMENT IN WORKPLACE TO ORGANIZATIONAL EFFECTIVENESS IN MERU MUNICIPALITY KENNEDY MUTWIRI MUKARIA MUC-SBS-555-0056/2009 A RESEARCH PROPOSAL A research proposal submitted to the department of business in partial fulfilment of requirements of degree of Bachelor of Commerce (Accounting) of Meru University College of Science and Technology DECLARATION This is my original work and has not been presented for the degree or any other award to any other University Signature ___________________________ Name __________________________ Date Approval This proposal has been submitted for examination with my approval as the University supervisor Signature ___________________________ (Name of supervisor of department; Meru University) __________________________ Date TABLE OF CONTENTS CHAPTER ONE 1.0 Introduction................................................................................................................... 1 1.1 Background to the study............................................................................................... 1 1.2 Statement of the problem.............................................................................................. 4 1.3 Objectives of the study................................................................................................. 1.4 Research questions...................................................
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...rP os t op yo IMB 507 TAXIFORSURE: TECHNICAL INNOVATION IN THE RADIO CAB INDUSTRY Do No tC ANSHUMAN TRIPATHY, PIYUSH TARIYAL AND VYOM CHARAYA Professor Anshuman Tripathy and PGP students Piyush Tariyal and Vyom Charaya prepared this case for class discussion. This case is not intended to serve as an endorsement, source of primary data, or to show effective or inefficient handling of decision or business processes. Copyright © 2015 by the Indian Institute of Management Bangalore. No part of the publication may be reproduced or transmitted in any form or by any means – electronic, mechanical, photocopying, recording, or otherwise (including internet) – without the permission of Indian Institute of Management Bangalore. This document is authorized for educator review use only by Ranjan Das, HE OTHER until July 2015. Copying or posting is an infringement of copyright. Permissions@hbsp.harvard.edu or 617.783.7860 rP os t TaxiForSure: Technical Innovation in the Radio Cab Industry Our biggest strength is our unique algorithm which combines all taxi operators within one platform. We believe it helps us in being a more efficient player and provide better service than the other radio cab operators in the industry. —Aprameya Radhakrishna, Co-founder TaxiForSure tC op yo The day had begun on a good note for the founding team members of TaxiForSure as they sat analyzing the latest figures emerging out of Delhi, the city in which they had expanded most recently. Growth had been...
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...RESEARCHING REALITY INTERNSHIP| 2012 Radio Cabs—How Do They Work in Delhi? Reality Summer Internship Working Paper Submitted by: Neelem Pathania CCS Working Paper No. 266 Summer Research Internship Programme 2012 Centre for Civil Society www.ccs.in Radio Cabs—How Do They Work in Delhi? 2012 Table of Contents Abstract..................................................................................................................................................... 3 Acknowledgements................................................................................................................................... 4 Introduction............................................................................................................................................... 5 Inception of Radio Cabs............................................................................................................................. 6 Radio cabs Business Models……………………................................................................................................ 8 Snapshot of Radio CabsBusiness................................................................................................. 8 Franchise Model.............................................................................................................. 9 Attached vehicle Model................................................................................................... 9 Rent-a-Cab Model…………......
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...AN INVESTIGATION ON THE INFLUENCE OF FINANCIAL COMPENSATION ON EMPLOYEES’ PERFORMANCE IN RETAIL OUTLETS. A survey of selected supermarkets in Meru Town By BUS-1-0622-2/2010 A Research project Submitted in Partial Fulfillment for the Requirement of a Degree in Business Administration of Kenya Methodist University. AUGUST, 2012 DECLARATION I hereby declare that this is my original work and has not been presented for any examination purposes in any university or institution for the award of a degree, diploma or certificate. SIGN…………….. NAME: MARY NGUGI DATE……………………………….. This research project has been submitted with the approval of the University Supervisor; SIGN……………… SUPERVISOR: MS. ROSELYN KINYAMU DATE……………………………. DEDICATION I wish to dedicate this to my parents Mr. and Mrs. Muriuki, my siblings George and Christine and to my friends for the great support they have given from the beginning and to the supervisor who was supportive and very encouraging. May God bless them. ACKNOWLEDGEMENT Special Thanks to the Almighty God for giving me wisdom, endless favors and the ability to do this proposal successfully. I would like to recognize the contribution of my supervisor, Ms Roselyn Kinyamu, for her time...
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...CURRICULUM VITAE FRANCIS MURIITHI MURIUKI MT.KENYA UNIV. Bsc. Business Information Technology A. PERSONAL INFORMATION |FRANCIS MURIITHI |Nationality: Kenyan | |ID: 28989938 |Languages: English and Kiswahili | |Email: francmuriithi@gmail.com |Age: 23 years | |Cell Phone: 0719688118 |Gender: Male | |P.O. Box 1070 -10300 |Marital Status: Single | |Kerugoya, Kenya | | B. CAREER OBJECTIVES To provide excellent services in the ever dynamic information technology field, and be able to utilize acquired skills and abilities to contribute towards achievement of the organization’s goals to correspond with the global new technologies. To acquire and enhance my working knowledge, appreciate dynamics of Computing and IT as well as gain competency in a challenging environment. To improve on my I.T knowledge and knowhow and gain experience in hardware, software, web...
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...Factors affecting successful completion of infrastructure projects 1.2 Statement of the problem Maintaining steady completion of construction projects, has until recently, been an issue of serious concern both to the client and contractors. Standish Group Report (2007) noted that mega projects fail at a higher rate than small/medium sized projects. According to Khatak(2009), the main reasons and causes of project/task failure are embodied in four key dimensions of the task, namely –time, cost, quality and content. The end users and stakeholders of a project also play a fundamentally important role towards success or failure. Lock (2007), asserts that consequences of failure of projects can be multi-dimensional, having far reaching effects on individuals, communities and organizations. In more visible terms time and cost overruns are common features of failure of projects, resulting in delay of service or product delivery. Kappelman et al., (2006) says that the high rate of failed/incomplete or abandoned projects negatively impacts government/organizational performance, costing tax payer billions of money in losses. In quantifiable terms the cost of delays and partial or inadequate accrual of the envisaged benefits in the shape of increase in revenues, improvements in service, quality or technology would vary according to the nature and scope of project. ...
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...very similar to Egypt sayings (Gardner, 444). Out of all the temple Angkor Wat was the most amazing, breathtaking, astounding, and impressive temple out of the other temples that were built in the city of Angkor. Angkor Wat was also the largest temple in the area. Angkor Wat had a measurement of about 5,000 by 4,000 feet. As like other temple that were built, it was the kings offering royalty to the gods. Angkor Wat was an offering of royalty to Vishnu (Gardner, 444). The Angkor Wat was so beautiful. There was a piece in the center of the building that was four small towers that surround a large step tower that was united with protected exhibit. Those five tower had a meaning to them, it representative of the five peaks of the Mount Meru. Mount Meru was the holy mountain in the center of the natural world. Angkor Wat was important, it was something the united religious and political (Gardner, 444). Overall, I believe that Shiva and Vishnu were only for popular during the Angkor period was because the Khmer kings at the time made it a big deal and they made it really important for themselves. They build many temples to for the gods. With the belief of Shiva and Vishnu it united the religion and politics. Even though Shiva and Vishnu might look the same there some difference between them, for one Shiva has a vertical third eye and for Vishnu he wears a crown. They are two of the most important gods to the Hindu. ...
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...Khmer Empire, as his state temple and eventual mausoleum. Breaking from the Shaivism tradition of previous kings, Angkor Wat was instead dedicated to Vishnu. As the best-preserved temple at the site, it is the only one to have remained a significant religious center since its foundation – first Hindu, then Buddhist. The temple is at the top of the high classical style of Khmer architecture. It has become a symbol of Cambodia,[1] appearing on its national flag, and it is the country's prime attraction for visitors. Angkor Wat combines two basic plans of Khmer temple architecture: the temple mountain and the later galleried temple, based on early Dravidian Architecture, with key features such as the Jagati. It is designed to represent Mount Meru, home of the devas in Hindu mythology: within a moat and an outer wall 3.6 kilometres (2.2 mi) long are three rectangular galleries, each raised above the next. At the centre of the temple stands a quincunx of towers. Unlike most Angkorian temples, Angkor Wat is oriented to the west; scholars are divided as to the significance of this. The temple is admired for the grandeur and harmony of the architecture, its extensive bas-reliefs, and for the numerous devatas adorning its walls. The modern name, Angkor Wat, means "Temple City" or "City of Temples" in Khmer; Angkor, meaning "city" or "capital city", is a vernacular form of the word nokor (នគរ), which comes from the Sanskrit word nagara (नगर).[2] Wat is the Khmer word for "temple grounds"...
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