Question

Although Uber is experiencing tremendous growth, the threat of substitutes ____________ is a concern as people...

Although Uber is experiencing tremendous growth, the threat of substitutes ____________ is a concern as people still use public transportation such as buses and subways.

A) rivalry among competitors

B) the bargaining power of buyers

C)the threat of substitutes

D) the threat of potential new entrants

F)the bargaining power of suppliers

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Answer #1

C)the threat of substitutes

Substitutes in any industry is quite common and the transportation industry is not at all a substitute. Uber has various substitutes and there is public transport as well which is preferred by the mass as well, this also makes the competition better and effective for the users.

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