Discuss how and why Uber's success can be at least partially attributed to being a "first-mover"...

Question:

Discuss how and why Uber's success can be at least partially attributed to being a "first-mover" in its category of Mobile Ride-Hailing Services.

Advantage of Uber being a Fast-Mover

Different aspects make a given company sell better than others who offer the same products or services in the market. Among the reasons is the fact that a company is a first-mover.

Answer and Explanation:

Uber is not the only riding company, but it is the most used in America; so far it the most successful company in the Mobile Ride-Hailing Services....

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First-Mover: Advantages, Disadvantages & Examples

from Intro to Business: Help and Review

Chapter 1 / Lesson 8
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