Question

which non-market shock (political, economic, social, and technological) is uber bringing to the taxi cab industry? do you think of uber as a ride-sharing company or more as a technology company? also, think about the competitive advantages that uber has that allows it to disrupt the taxi cab industry? what is uber’s value proposition in the industry? are all of uber’s competitive advantages legal, or do some of them fall into the grey area of compliance with the law?

Answer 1

technology

Uber = tech company that links two different sides together

Passengers linked to drivers--> Have to make sure both are excited about the technology

Passengers love uber because:

- Ease of search/use

- Estimated fairs, info upfront

- Ease of payment

- Cheap

- Better routes

Drivers love uber because:

- Choose your own hours

- flexible time

- Use your own car

- gives loans and insurance

- Electronic billing

- Increase in productivity

- No regulations

- Keep 80% of revenue

Step-by-step explanation: