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Lodon Underground - Essay Example

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One of the major characteristic of merit goods is that during consumption, the net private benefit of the good is not entirely recognized…
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Lodon Underground
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Lodon Underground

Download file to see previous pages... In its effort to serve the UK residents, the UK government provides various merit goods including London Underground and health as well as London underground. This paper aims at discussing London Underground as one of the merit goods that are enjoyed by the residents of the United Kingdom.
London Underground is an important metro system that serves residents of UK. Serving more than 270 stations, London Underground was originally operated by various companies including City and South London Railway and Electric traction trains. The vision of London Underground is to deliver a state of art world-class underground globally (Hardy, 2002). Also referred to as Tube, London Underground obtains its revenue mostly from the large number of massagers it serves in the UK. One of the major reasons as to why large number of passengers uses the Tube is due to its convenience as well as the high speed that it adopts. According to the Tube management, safety and reliability cannot result to world-class transport system even though they are the base of good service. As a result, London Underground believes that quality of travelling is the most vital aspect to passengers.
One of the major challenges facing London Underground is keeping the city of London on the move while the Tube is being transformed. As the demand for the use of London Underground rise, it has resulted to expansive investment in order to improve its revenue and provide world class services. The success of Tube is based on its efforts to put the experience of its passengers at the central position of its strategies. For example, the organization maintains helpful and always available staff, adequate security systems and high-quality information. During their travelling, most of the passengers using the Tube use Oysters. An Oyster is smartcard that is plastic in ...Download file to see next pagesRead More
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