UBER and Future of Taxis

hi I need some assistants with my homework

1) Competitive Advantage

1.      In general, how do you decide what company’s products or services to buy? (put another way, how do you choose between competing products or sellers? Price? Quality? Features? Service? Convenience? Image? Some combination?

2.      List three different products (i.e. “Shoes, Burritos, & Oil Changes”, or “Cars, Jeans, & Legal Services” or any other three products) and tell us what company’s product you purchase ( or where you shop for that product). Why do you buy that brand or give that company your business? (answer separately for each of the three products)

 

 

 

3) UBER and Future of Taxis

Read a few articles on UBER and the Taxi & Limousine industry, such as:

https://www.thenation.com/article/uber-and-taxi-industrys-last-stand/ (Links to an external site.)Links to an external site.

http://time.com/money/3397919/uber-taxis-san-francisco/ (Links to an external site.)Links to an external site.

http://www.bloomberg.com/bw/articles/2014-02-20/uber-leads-taxi-industry-disruption-amid-fight-for-riders-drivers (Links to an external site.)Links to an external site.

 

1.      How has the emergence of UBER changed the Taxi and Limo industry?

2.      Why do you think UBER was able to have so much success so quickly in getting a big part of the industry revenue?

3.      What is the future of Taxis specifically? What will Taxis have to do to survive and thrive?