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Analysis of Taxi industry

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*****************************Taxi Company *******************
•A thorough five forces analysis of your industry
•The key factors and trends in any other areas affecting your industry
•A preliminary classification of the external factors and trends as either opportunities or threats which will be the inputs for the final SWOT analysis

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Solution Summary

The solution provides Porter's five forces analysis of taxi industry.

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Porter's 5 forces analysis for a taxi company:

Industry Rivalry: Taxi industry is quite competitive. There is cut throat competition between larger, well established multinational/national players and local small and mid-sized players and individual operators in every market, be it any city, town in USA or any other market in the world. New age multinational players such as Uber are disrupting the space with innovative technology and competitive pricing.

Threat of New Entrants: The threat of new entrants is quite high in the industry. New players can come easily in the market without any significant entry barriers.

Bargaining Power of Suppliers: Bargaining power of suppliers is low as taxi providers have ample choices in terms ...

Solution provided by:
Sandeep Bardia, MBA
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  • BCom, SGTB Khalsa College, University of Delhi
  • MBA, Rochester Institute of Technology
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