Read the case given below and summarize it? Amazon Case The main obstacles for autonomous vehicles adoption
Fantastic news! We've Found the answer you've been seeking!
Question:
Read the case given below and summarize it?
Transcribed Image Text:
Amazon Case The main obstacles for autonomous vehicles adoption are consumer buy-in and legislations/regulations. Any new technology is doomed to fail if the consumers it intends to cater to do not purchase the technology or utilize it. In the case, he states that "Without adoption there is no convergence, without convergence the limitations for scale are real". This sentence demonstrates how consumer buy-in is integral to the success of any major innovation. Only about 12% of consumers currently feel safe purchasing an AV or being on a road with one. Without consumers, new technologies are not able to reach their full potential much less become sustainable and apart of a cultural norm. Consumers are afraid of drastic changes and are afraid of things that they don't know/ are not comfortable with. AV catalysts will have to be able to win over consumers and make them comfortable with the idea of having no control over their vehicle and being able to trust them with their lives when transporting them. Another obstacle to AV is regulation and legislation from the government. We currently do not entirely know how the government will regulate AVs and this information will be critical in knowing how to proceed with AV as well as the best course of action in implementing & disseminating this technology in order to make it a wide spread and common piece of technology. These issues are related to the issues that Michael Aldrich's e-commerce platform faced. Amazon Case The main obstacles for autonomous vehicles adoption are consumer buy-in and legislations/regulations. Any new technology is doomed to fail if the consumers it intends to cater to do not purchase the technology or utilize it. In the case, he states that "Without adoption there is no convergence, without convergence the limitations for scale are real". This sentence demonstrates how consumer buy-in is integral to the success of any major innovation. Only about 12% of consumers currently feel safe purchasing an AV or being on a road with one. Without consumers, new technologies are not able to reach their full potential much less become sustainable and apart of a cultural norm. Consumers are afraid of drastic changes and are afraid of things that they don't know/ are not comfortable with. AV catalysts will have to be able to win over consumers and make them comfortable with the idea of having no control over their vehicle and being able to trust them with their lives when transporting them. Another obstacle to AV is regulation and legislation from the government. We currently do not entirely know how the government will regulate AVs and this information will be critical in knowing how to proceed with AV as well as the best course of action in implementing & disseminating this technology in order to make it a wide spread and common piece of technology. These issues are related to the issues that Michael Aldrich's e-commerce platform faced.
Expert Answer:
Answer rating: 100% (QA)
The case discusses the main obstacles facing the adoption of autonomous v... View the full answer
Related Book For
International Marketing And Export Management
ISBN: 9781292016924
8th Edition
Authors: Gerald Albaum , Alexander Josiassen , Edwin Duerr
Posted Date:
Students also viewed these economics questions
-
4 0 a) Let YYY be a random sample of size n taken from a gamma distribution parameter a=2 and = i. Determine the sampling distribution of W = 1. 2 ii. Construct a 100 (1-a)% confidence interval for ....
-
Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...
-
Googles ease of use and superior search results have propelled the search engine to its num- ber one status, ousting the early dominance of competitors such as WebCrawler and Infos- eek. Even later...
-
If the owner of a company takes merchandise for personal use, what account is debited? a. Owners capital b. Owners withdrawals c. Purchases d. Cash
-
The probability that the first success is on the fifth trial if each trial has a probability 0.3 of success. Compute the above probabilities. In each case, sketch the probability distribution and...
-
Consider the closed-loop system is depicted in Figure CP4.10. The controller gain K can be modified to meet the design specifications. (a) Determine the closed-loop transfer function T(s) =...
-
The following information pertains to the standard costs and actual activity for Repine Company for September: There were no beginning direct materials inventories. Required a. Determine the...
-
The balance sheet as of December 31, 2014, for Melrose Enterprises follows: During 2014 Melrose entered into a loan agreement that required the company to maintain a debt/equity ratio of less than...
-
[The following information applies to the questions displayed below.] Sanyu Sony started a new business and completed these transactions during December. December 1 Sanyu Sony transferred $66,200...
-
d: ore The calculation of the coefficient of determination 2 depends on the number of independent variables. An adjusted value of 2 based on the number of degrees of freedom is calculated using the...
-
Review the discussion of power at the beginning of this chapter. Does power serve positive or negative functions for an organization? Discuss your experiences with power.
-
It was noted that many public accounting firms are organizing their client services along industry lines. What are the advantages of such an organizational approach? Why would industry experience,...
-
The Directors of a private limited company of which you are an auditor ask you to fix the value of its equity shares. Discuss the factors you would consider to evaluate the shares.
-
An operational audit performed by an internal auditor is best described as a. An audit of a companys compliance with managements policies and procedures. b. An evaluation of a companys operations to...
-
Mention the circumstances under which an investigation of a company can be ordered by the central government? What should be the procedure of investigation in such a case?
-
Problem 13-2A (Algo) Cash dividends, treasury stock, and statement of retained earnings LO C3, P2, P3 Kohler Corporation reports the following components of stockholders' equity at December 31 of the...
-
Write the statement to store the contents of the txtAge control in an Integer variable named intAge.
-
How does the nature of the product involved affect what might be a desirable transfer price?
-
The Supreme Canning Company (the true name of the company is disguised) is an independent US packer of tomato paste and other tomato products (whole peeled tomatoes, chopped tomatoes, tomatoes and...
-
From the perspective of the parent company is it better to use a low export transfer price or a high transfer price? What effect does extent of ownership of the importing unit have on your answer?...
-
Eurocurrencies and Eurocurrency Markets. What are the major eurocurrencies? What is meant by a eurocurrency market?
-
MNEs and LIBOR. Most MNEs either take loans in eurocurrencies or issue eurobonds with a floating coupon rate tied to the LIBOR. Explain how MNEs were affected by the LIBOR scandal.
-
Comparative Advantage in the Twenty-First Century. With reference to the theory of comparative advantage, explain how MNEs outsource some services to emerging market economies.
Study smarter with the SolutionInn App