Uber Has Fewer Fixed Assets Than the Typical Taxi Fleet

question 89

Multiple Choice

Uber has fewer fixed assets than the typical taxi fleet company. This type of benefit that a company such as Uber has is called a(n)

• A) business moat.
• B) first-mover advantage.
• C) asset margin.
• D) strategic advantage.
• E) competitive advantage.

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Definitions:

Population Density

The measure of the number of beings living in a given area, such as people per square kilometer.

Kin Selection

An adaptation method where the fecundity of an organism's close relatives is favored, possibly at the detriment of the organism's own existence and procreation.

Natural Selection

A process in biological evolution where organisms with traits better suited to their environment are more likely to survive and reproduce, thereby passing those advantageous traits to the next generation.

Genetic Relation

The biological linkage or connection between individuals, determined by shared genetic material or ancestry.