Assignment:
An electric car is an automobile that is powered by one or more electric motors, using electrical energy stored in rechargeable batteries or other energy storage devices. A new entrepreneur firm is trying to develop a mobile application identical to Uber for providing transportation service to the citizens. However, their concept is using only electric cars. Their motto is transforming the taxi industry into a sustainable format.
- Discuss the economic, societal, and environmental impacts of such a transformation towards electric car based public transportation.
- How feasible is this project? What risks do you think exist for this entrepreneur firm? What risk management tools can be used to manage these risks?
- Develop a risk matrix to analyze the risks you listed on Part B. What other tools/methods would you use to analyze these risks other than the risk matrix?
Your answer must be typed, double-spaced, Times New Roman font (size 12), one-inch margins on all sides, APA format and also include references.