Increasing Globalization of the Ride-Share Industry Can Be a Driving

question 35

Multiple Choice

Increasing globalization of the ride-share industry can be a driving force because

• A)the services provided by foreign ride-share competitors are nearly always cheaper or of better quality than those of domestic companies.
• B)foreign ride-share operators typically have lower costs, more technological expertise, and greater social network integration capabilities than domestic firms.
• C)ride-share companies need to spread their operating reach into more and more country markets to meet emerging consumer demand and take advantage of available operating opportunities.
• D)it results in ride-share companies having fewer competitors and a strategic group map with fewer circles.
• E)market growth rates rise, product innovation accelerates, and new ride-share startups are increasingly likely to enter the industry.

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