Which do you think enhances the taxi industrys position

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Activity - Small Passenger Services and Porter's Five Forces

Question: In your groups, have a look at the small passenger service industry. This industry includes public transport options for public hire: taxis, ride-sharing or ride-hailing services like Uber, Lyft, Shebah, Didi and Ola. Use Porter's Five Forces model and place the taxi industry and their competitors at the centre of the model. Work through the dimensions of threat of new entrants, buyer power, substitute products and supplier power by listing the factors of impact in each dimension. Which of these forces do you think endangers the taxi industry and which do you think enhances the taxi industry's position?

Reference no: EM133068649

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