Increasing globalization of the ride-share industry can be a driving force because
A. foreign ride-share operators typically have lower costs, more technological expertise, and greater social network integration capabilities than domestic firms.
B. market growth rates rise, product innovation accelerates, and new ride-share startups are increasingly likely to enter the industry.
C. it results in ride-share companies having fewer competitors and a strategic group map with fewer circles.
D. the services provided by foreign ride-share competitors are nearly always cheaper or of better quality than those of domestic companies.
E. 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.
Answer: E
You might also like to view...
Although there are many differences between social classes, almost all these differences can be summarized by the differences that income makes in a person's life
Indicate whether the statement is true or false
When callable preferred stock is recalled, if the recall price exceeds the total of the par value in the preferred stock account and the additional paid-in capital associated with the recalled preferred stock, the difference is
A) credited to Retained Earnings. B) credited to Additional Paid-in Capital on Preferred Stock. C) debited to Retained Earnings. D) credited to Loss from Recall of Preferred Stock.
Which one of the accounts below would likely be included in an accrual adjusting entry?
A) Insurance Expense B) Prepaid Rent C) Interest Expense D) Unearned Rent
Formal business reports are similar to formal proposals in that they both make offers
Indicate whether the statement is true or false