Airbnb and Uber are companies that have successfully entered the lodging and ride-hailing markets, respectively. Both provide

Question:

Airbnb and Uber are companies that have successfully entered the lodging and ride-hailing markets,

respectively. Both provide offerings that are typically less expensive than their incumbent competitors, hotel chains and taxis.

1. What are the sources of cost advantage for Airbnb and Uber? How are their strategies similar?

2. Why is it difficult for hotel chains or taxis to imitate their cost structure?

3. How would you respond if you were running a hotel chain or a taxi company?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For answer-question

Strategic Management Concepts And Cases

ISBN: 9781119563136

3rd Edition

Authors: Jeffrey H. Dyer, Paul C. Godfrey, Robert J. Jensen, David J. Bryce

Question Posted: Jan 12, 2024 03:01 AM

See More Questions

Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...
List three specific parts of the Case Guide, Objectives and Strategy Section (See below) that you had the most difficulty understanding. Describe your current understanding of these parts. Provide...
1. How strong are the competitive forces confronting J. Crew in the market for specialty retail? Do a [Michael Porter] five-forces analysis to support your answer. (see chapter 3 in the textfor...
Given the following data: Calculate ÎH for the reaction On the basis of enthalpy change, is this a useful reaction for the synthesis of ammonia? AH - 92 kJ () + AH = -484 k (g) ON OH 88
List the aliases for the: various effects in a 25 factorial experiment when the defining contrast is ACDE.
Samantha, a calendar-year taxpayer subject to a 34 percent marginal tax rate, claimed a charitable contribution deduction of $170,000 for a sculpture that the IRS later valued at $100,000. Compute...
Refer to the information in QS 19-16. The company sells its product for $50 per unit. Due to new regulations, the company must now incur $2 per unit of hazardous waste disposal costs and $8,500 per...
Rowley Apparel, manufacturer of the famous Race-ARama swimwear line, needs help planning production for next year. Demand for swimwear follows a seasonal pattern, as shown here. Given the following...
Multiple Choice Question Managers may choose to retain an unprofitable product line because it Blank______. Multiple choice question. absorbs a share of common fixed costs is an alternative to a...
Understanding Sources of Differentiation 1. What product do you use because of differentiation? What do you buy because it is awesome, rather than because it is the lowest-price alternative? What...
Find the sources of cost advantage of a successful company with low prices. 1. Identify a company you would like to learn more about that seems to have a cost advantageit consistently has the lowest...
A regular occurrence in business firms, and some government agencies, is for somebody to be fired because of a Facebook or Twitter post criticizing the employer or a specific manager. Why do you...
I have more than 24 starter codes but I'm having problem trying to fill up the 9 given starter codes in other words I need to complete implementing the incomplete classes among the provided...
What MarComms tools should Cancer Research use to increase their donations and what audience should they target?
To what extend does the confluence of perceived supervisory support and co-worker involvement impact job satisfaction in a manner that surpassed the sum of their influences?
Based on the marketing journal : Attracting Students to Sales Positions: The Case of Effective Salesperson Recruitment Ads by Dawn R. Deeter-Schmelz .Please answer in essay format: a. How does the...
What were some of the steps Alex did to identify the bottleneck on the factory floor and then what did he do to exploit and improve the bottleneck production?
Tarkington Freight Service provides delivery of merchandise to retail grocery stores in the Northeast. At the beginning of 2009, the following account balances were available: Cash...
General Electric Capital, a division of General Electric, uses long-term debt extensively. In a recent year, GE Capital issued $11 billion in long-term debt to investors, then within days filed legal...
Explain what actions you could take to prevent a subcontractor from becoming a competitor.
What is a strategic alliance?
Describe and give examples of the three different types of strategic alliances. Identify the conditions under which each type is preferred.
Narrows Brewing Company On Premise** Promotion Unit Sales (Volume) (#BBLS*) Sales (Revenue) ($ US Dollars) Costs Online*** Advertising Costs Number of Fans Number of Number of Visits to on...
At December 31 Assets Current Year 1 Year Ago 2 Years Ago Cash Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net Total assets Liabilities and Equity Accounts payable $...
On November 1 , 2 0 2 2 , Jamie ( who is single ) purchased and moved into her principle residence in Dallas, Texas. Jamie's employer transferred her to an office in Houston., Texas. On Feb 1 , 2 0 2...

Airbnb and Uber are companies that have successfully entered the lodging and ride-hailing markets, respectively. Both provide

Question:

Step by Step Answer:

1 The sources of cost advantages for Airbnb and Uber Both Airbnb and Uber benefit from a cost advantage called the sharing economy In this model indiv...View the full answer

Strategic Management Concepts And Cases

Students also viewed these Business questions