Final Project
Final Project
ON
SERVICES ”
Submitted in partial fulfillment of the requirements for the award of the degree
of
BACHELOR OF COMMERCE
to
COMMERCEis the original work conducted by me. The information and data
been done under my supervision in partial fulfillment of the requirement for the
This report neither full nor in part has been submitted before for awarding of
any Degree/Diploma either from this university or any other university. I am
pleased to say that the performance of the student during the period survey
work was extremely satisfactory.
(PROJECT GUIDE)
PREFACE
Subject to the limitation of time effort and resources every possible attempt has
The whole project is measured through the questionnaire, the data for the
I am very much thankful to, my Project Guide Mr. Prem kumar pentala for his interest,
development of the project. It has been my great privilege to work under his inspiring
guidance.
I am also thankful to my parents and my friends for their indelible co-operation for achieving
CHAPTER-1
1.INTRODUCTION
CHAPTER-2
2. COMPANY PROFILE
CHAPTER -3
CHAPTER-4
4. CONCLUSION
CHAPTER-1
INTRODUCTION
1
INTRODUCTION
Transportation infrastructure in cities has changed dramatically over the last decade. Cabs,
among other modes of transportation, have become an important mode of transportation in
India's metropolitian and urban cities. With the help of technology, the organised car rental
industry is expanding all the time. Customers in the modern era use mobile apps to book cabs
at any time and from any location in urban areas. Cab operators' pricing strategy has
positively influenced customers to book a cab rather than traditional modes of transportation
such as autos and local buses.
The car rental industry, like most others, has seen a lot of transportation with internet
technology. Because of the fierce competition among organised cab operators, consumers can
book cabs at competitive prices. In this regard, the current paper provides an overview of
consumer behaviour when booking taxis. We have seen as tremendous increase for demand
of taxi services which brought OLA and UBER in the market. The reasonsfor taxi ride may
be either for destination to reach for or for work place.
We can see an increased healthy competition between OLA & UBER in order to capture the
maximum market share this is because of technology which is upgrading and is changing
constantly. The taxi companies are facing competition as there are no. of options available for
the customers to choose their ride with required high quality, good reputation as well as
excellent services.
One of the key features that sets these services apart is their utilization of GPS technology to
match passengers with nearby drivers, ensuring quick response times and minimizing waiting
periods. Additionally, both Ola and Uber offer various vehicle options to suit different
preferences and budgets, ranging from economical hatchbacks to luxury sedans and SUVs.
Payment methods are also streamlined, with transactions typically handled electronically
through the app, eliminating the need for cash exchange and providing a hassle-free
experience for both passengers and drivers. Furthermore, users can track their ride in
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realtime, view the driver's details, and share trip details with friends or family for added
safety.
Ola and Uber have not only transformed the way people commute but have also created
opportunities for individuals to become independent entrepreneurs by driving for these
platforms. This gig economy model has empowered countless drivers to earn a livelihood on
their own terms, contributing to the overall economy while providing a valuable service to
communities.
However, these services have not been without controversy, facing regulatory challenges and
criticism regarding issues such as driver wages, passenger safety, and competition with
traditional taxi services. Nonetheless, their widespread popularity and continued innovation
in areas such as electric vehicles, ride-sharing, and autonomous technology demonstrate their
significant impact on the transportation landscape.
In recent years, the transportation landscape has undergone a significant transformation with
the emergence of the ride-hailing industry. Enabled by technological advancements and
changing consumer preferences, services such as Uber, Lyft, and similar platforms have
revolutionized the way people commute in urban and suburban areas worldwide. The
convenience, affordability, and accessibility offered by these platforms have reshaped
traditional notions of transportation, challenging the dominance of conventional taxis and
public transit systems.
With this paradigm shift comes a heightened focus on understanding the factors driving
consumers' choices in selecting cab services. In an increasingly competitive marketplace,
characterized by numerous service providers vying for consumer attention, it becomes crucial
for companies to identify and respond to the preferences and priorities of their target
audience effectively. This study endeavors to delve deeper into the intricate web of
considerations that influence consumers' decision-making processes when opting for cab
services.
3
The selection of transportation services is not merely a matter of convenience or cost; rather,
it encompasses a myriad of factors that intersect to shape consumer behavior. From pricing
and service quality to brand reputation and technological features, consumers weigh various
considerations before making their choices. Moreover, factors such as safety concerns,
environmental consciousness, and regulatory compliance further complicate the decision-
making landscape.
By comprehensively examining the multifaceted nature of these influences, this study seeks
to provide valuable insights for cab service providers to refine their strategies, enhance
customer satisfaction, and maintain competitiveness in an ever-evolving market. Through a
combination of literature review, empirical analysis, and consumer surveys, we aim to shed
light on the nuanced dynamics at play in the selection of cab services, offering actionable
recommendations for industry stakeholders and policymakers alike.
The need for online Cab Management System is clear. We need this software because the previous
Existing System requires a lot of manual work in documentation which is a highly tedious task. It's
not as good as the online process due to which we needed to develop the proposed software which
will solve the problems in the existing system greatly with good results & making full use of
information technology to improve the level of our efficiency.
With this Proposed Software, it becomes easy to manage the cab facilities to the employees. So, the
main objective of the project is to provide cab facility to the employees of the organization.
Employees in the organization are provided cabs. Drivers, Vendors, Vehicles are registered with the
company. Routes, Vehicles are allocated to Drivers. Cabs are also provided to Employees who want to
travel to another location temporarily. Amount of the Trip is also calculated. Accordingly, billing is
also done for the Vehicle and Vendor. Reports are also shown related to Trips, Routes, and Vendors.
• Existing System The need for a new system was required since in the present system,
Organization require persons for doing maintenance, allocation and proper functioning of the
transportation .The person appointed needs to look after the assigning and movement of cabs.
The authorized person maintains the transportation details in papers, which is a tedious task if
any updating or changes need to be done. There are a few drawbacks in the existing
system .All the work is done manually. Customer has to go to transport department for
enquiries. Difficult to maintain the details related to Employee, Vendor, Driver etc. Details
are stored in papers. Maintenance is a huge problem.
4
• Proposed system The Proposed System of Cab Hire provides Cab facility to employees. Data
is centralized which overcomes the drawback of the sharing problem in the previous system.
As data is maintained electronically, it's easy for a person to update the details, which
overcomes the tedious updating task in the previous system. Maintenance is easy and
performance is good. Mainly the system has automated the Transportation Process. The
managers solve the problems faced by employees during cab booking by providing all the
details in hassle free manner. Records can easily be exported to Excel.
5
HISTORY
6
HISTORY
In the early days, players like Mega cabs and Fast Track taxi started operations with their own
small fleets, with drivers as employees. Passengers could book rides through telephone calls
and payment was done in cash. In 2006, other players like Meru Cabs, Easy Cabs and Savaari
appeared on the horizon. They took on drivers as “subscribers” who placed a deposit with the
company. The company would buy a car, train the drivers in soft skills and charge a fixed
amount from them per day. In turn, the driver had to bear the cost of fuel, while maintenance
of the car of fuel, while maintenance of the car was taken care of by the company.
Some companies completely owned the car throughout its lifetime, while others, like Easy
Cab, had a system wherein after five years of non-stop driving, the car became the property of
the driver. 2010 marked a historic year for the taxi business when Ola entered the scene with
its fleet aggregation model. This lean business model attracted many drivers who owned cars
to join the platform to offer services. Taxi For Sure joined the bandwagon in 2011 and Uber
arrived on Indian shores a couple of years later.
The phenomenal growth of these companies is intricately tied to the mobile revolution in
India. Riders could simply pull out their smartphones, enter the app and book a taxi. The true
ride-hailing revolution was born.
The history of cab services dates back centuries, evolving from horse-drawn carriages
to modern ridesharing platforms. Here's a brief overview:
• Horse-Drawn Carriages: The concept of hiring a carriage and driver for transportation
dates back to ancient times. In the 17th century, horse-drawn carriages became
popular in cities like London and Paris, providing transportation for the wealthy elite.
• Hackney Carriages: The term "hackney carriage" originated in the 17th century,
referring to carriages for hire in London. These carriages were regulated and licensed
by the government to ensure quality and safety standards.
• Introduction of Motorized Taxis: The late 19th and early 20th centuries saw the
introduction of motorized taxis, replacing horse-drawn carriages in many cities. These
7
early taxis were typically gasoline-powered vehicles, offering a faster and more
efficient mode of transportation.
• Rise of Radio Dispatch: In the mid-20th century, radio dispatch systems were
introduced, allowing taxi companies to efficiently manage their fleets and respond to
customer requests. This technology greatly improved the accessibility and reliability
of taxi services.
• Expansion of Taxi Companies: Throughout the 20th century, taxi services expanded
rapidly in major cities around the world, becoming a ubiquitous mode of
transportation for urban dwellers and visitors alike.
• Regulation and Licensing: Taxi services have often been subject to regulation and
licensing by local governments to ensure safety, fair pricing, and quality standards.
Regulations typically cover areas such as driver qualifications, vehicle inspections,
and fare structures.
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• Challenges and Controversies: Ridesharing companies have faced various challenges
and controversies, including regulatory battles, concerns over driver wages and
working conditions, and issues related to passenger safety and privacy. These issues
continue to shape the evolution of cab services in the modern era.
A taxicab conveys passengers between locations of their choice. This differs from other
modes of public transport where the pick-up and dropoff locations are determined by the
service provider, not by the passenger, although demand responsive transport and share taxis
provide a hybrid bus/taxi mode. There are four distinct forms of taxicab, which can be
identified on of providing convenient and reliable transportation remains unchanged.
The history of studying factors influencing consumers in the selection of cab services
can be traced back to the evolution of transportation systems and the emergence of
the taxi industry itself. While taxis have been a mode of public transportation for
centuries, the modern study of consumer behavior in this context gained momentum
with the advent of technology-driven ride-hailing services in the 21st century.
Early Taxi Industry: The taxi industry has a long history, with horse-drawn carriages
serving as early forms of public transportation in cities around the world. Over time,
these evolved into motorized taxis, which became a ubiquitous feature of urban
landscapes. However, the traditional taxi model faced challenges related to reliability,
pricing transparency, and customer satisfaction.
9
Rise of Ride-Hailing Services: The introduction of ride-hailing platforms such as Uber
and Lyft in the early 2010s revolutionized the transportation industry. These platforms
leveraged mobile technology to connect passengers with drivers, offering
convenience, transparency, and often lower fares compared to traditional taxis. This
disruption sparked widespread interest in understanding the factors driving consumer
preferences in the selection of transportation services.
Regulatory Challenges: The rapid growth of ride-hailing services also brought about
regulatory challenges related to licensing, safety standards, and labor practices.
Debates surrounding the classification of drivers as independent contractors versus
employees, as well as concerns about congestion and environmental impact,
underscored the complex interplay between technology, regulation, and consumer
behavior.
2
Overall, the history of studying factors influencing consumers in the selection of cab services
reflects the dynamic interplay between technological innovation, market forces, regulatory
frameworks, and evolving consumer preferences. As the transportation landscape continues to
evolve, ongoing research in this area remains essential for understanding and adapting to the
changing needs and expectations of consumers.
2
CHAPTER-2
COMPANY
PROFILE
2
COMPANY PROFILE
Ola and Uber, two of the world's largest ride-hailing companies, emerged during the early
2010s, marking the beginning of what is often referred to as the "age of Ola and Uber." Here's
a brief overview of their respective timelines:
Uber: Founded in March 2009 by Garrett Camp and Travis Kalanick in San Francisco,
California, Uber started as UberCab, a luxury car service. The company officially launched its
ride-hailing app in 2010, initially serving San Francisco before expanding to other cities
across the United States and internationally. Uber's innovative approach to transportation,
which utilized mobile technology to connect passengers with drivers, quickly gained
popularity, leading to rapid growth and widespread adoption.
Ola: Ola, founded by Bhavish Aggarwal and Ankit Bhati, was launched in December 2010 in
Bengaluru, India, under the name "OlaCabs." Similar to Uber, Ola began as a cab aggregator
service, connecting passengers with drivers through a mobile app. Ola initially focused on
serving Indian cities but later expanded its operations to international markets, including
Australia, New Zealand, and the United Kingdom.
Ola differentiated itself by catering to the specific needs and preferences of the Indian
market, offering various types of vehicles and services tailored to different consumer
segments.
2
Both Uber and Ola experienced exponential growth during the early to mid-2010s, fueled by
increasing smartphone penetration, changing consumer preferences, and investor interest in
the burgeoning ride-hailing industry. They disrupted traditional taxi services by offering
greater convenience, transparency, and often lower prices. Additionally, their use of
technology, including features like GPS tracking, real-time ride updates, and cashless
payments, set new standards for the transportation sector.
The "age of Ola and Uber" is characterized by the widespread adoption of ride-hailing
services as a convenient and reliable mode of transportation in urban and suburban areas
worldwide. These companies not only transformed the way people commute but also
catalyzed discussions around issues such as regulation, labor rights, and urban mobility.
Despite facing regulatory challenges and controversies related to safety and labor practices,
Ola and Uber continue to dominate the global ride-hailing market, shaping the future of
transportation in the process.
This era witnessed rapid growth and expansion of Ola and Uber, fueled by increasing
smartphone penetration, changing consumer preferences, and investor interest in the
burgeoning ride-hailing market. Their use of mobile apps, GPS tracking, real-time ride
updates, and cashless payments set new standards for transportation services globally. Despite
facing regulatory challenges and controversies, Ola and Uber continue to dominate the ride-
hailing industry, shaping the future of urban mobility.
2
OBJECTIVE OF
THE STUDY
OBJECTIVES OF THE STUDY
Research the various factors that influence customers' decisions to use taxi Services .
The present study covers factors like innovativeness, price consciousness, and coupon
redemption behavior. There may be other factors influencing the consumers in selection of
cab services which are not covered in the study. This study had not covered the influence of
demographic characteristics on other psychographic variables.
2
Thus, we can analyse and start working on cab management for the other cities .This will
help in management of transport for other employees working in other cities of same
organization.
SIGNIFICANCE
OF THE STUDY
SIGNIFICANCE OF THE STUDY
As previously stated, there is a significant increase in the use of taxi services in all
cities, particularly in metropolitan areas. This study will assist us in determining
2
customer satisfaction in terms of comfort, price, and safety, among other things.
Surveys were used to determine customer satisfaction with Ola and Uber, as well as
which one is more effective in terms of price, safety, and so on. This research could
aid the taxi industry in developing marketing strategies and customer relationship
plans.
Here are several key points highlighting the significance of such a study:
2
Informing Regulatory Policies:
:Insights into consumer preferences and behavior can inform regulatory policies aimed at
ensuring fairness, transparency, and safety in the ridesharing industry. By understanding the
factors that influence consumer choices, policymakers can develop regulations that promote
competition, protect consumer rights, and foster innovation while addressing concerns related
to pricing, safety, and accessibility.
2
RESEARCH
METHODOLOGY
2
RESEARCH METHODOLOGY
MEANING OF RESEARCH
In common parlance, research refers to the pursuit of knowledge. Research can also
be defined as a scientific and systematic search for relevant information on a specific
topic. "The manipulation of things, concepts, or symbols for the purpose of
generalising to extend correct or verify knowledge, whether that knowledge aids in
theory construction or art practice ." -M.Stephenson and D.Slesinger .
TYPES OF RESEARCH
• Descriptive Vs Analytical
Descriptive research includes various types of surveys and fact-finding inquiries.
The primary goal of descriptive research is to describe the current state of affairs.
Analytical research requires the researcher to use existing facts or information
and analyse it in order to make a critical evaluation of the material.
• Applied Vs fundamental
Applied research seeks to solve an immediate problem confronting a society or an
industrial/business organisation. An example of applied research is research
aimed at specific conclusions in response to a specific or business problem.
Fundamental research is primarily concerned with generalisation and theory
formulation. Fundamental research is defined as gathering knowledge for the sake
of gathering knowledge. Fundamental research can include investigations into
natural phenomena or pure mathematics.
• Quantitative Vs Qualitative
The qualitative measurement of some characteristics is the foundation of
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qualitative research. It is applicable to phenomena that can be expressed
numerically. Qualitative research is concerned with qualitative phenomena, which
are those that are related to or involve quality or kind. In the behavioural sciences,
where the goal is to discover the underlying motives of human behaviour,
qualitative research is especially important.
• Conceptual Vs Empirica
l Conceptual research is concerned with abstract ideas or theories. Philosophers
and thinkers typically use it to develop new concepts or reinterpret existing ones.
Empirical research is often based solely on experience or observation, with little
regard for system and theory. It is data-driven research that yields conclusions
that can be verified.
: Null hypothesis: The hypothesis that could be falsified based on the observed data. The null
hypothesis typically proposes a broad or default position, such as there being no difference
between a treatment and a control.
3
:Alternate hypothesis: The hypothesis that the restrictions or set of restrictions to be tested
does not hold. It's just the opposite of the null hypothesis
• Sampling Unit
Industrial consumers such as employees and businessman are taken as sampling unit. .
• Sample Size
It gives the target population that will be sampled. There were 50 respondents taken for the
research. This research was carried in Kanpur. .
• Data collection
Primary and secondary data are used to assess the study's objectives.
• Primary Data It is the first and data that are chosen at random and thus have a unique
personality. Primary data was essential for learning about cars and calculating this
brand's market share in comparison to another.
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• Secondary Data : These are those that were collected by someone else and have
already been statistically processed. Secondary data was gathered from websites of 41
interest, newspapers, magazines, and businesses.
• Statistical tools to be used After the data was collected, it was tabulated, and the
project findings were presented, followed by analysis and interpretation to reach
specific conclusions.
There are two prominent methods for data analysis.
1. Qualitative investigation
2. Quantitative analysis
Each method employs its own technique. The focus of qualitative research is on describing
characteristics. It does not make use of numbers. Because numbers are its primary focus,
quantitative research is the polar opposite of qualitative research. Quantitative research is all
about the numbers. I conducted quantitative research for my project report. Bar diagrams and
pie charts are used to analyse data.
3
CHAPTER-3
DATA
ANALYISIS AND
INTERPRETATION
3
DATA ANALYSIS
The process of assigning meaning to collected information and determining the conclusions,
significance, and implications of the findings is known as data analysis. It is an important and
exciting step in the research process. In all research studies, data collection is followed by
data analysis.
3
What is your gender?
INTERPRETATION:
According to the survey, there were 58% female respondents and 42% were male.
3
What is your age?
INTERPRETATION:
According to the survey, 80% of respondents are between the ages of 18 and 24,
indicating the country's youth. Some of them are between the ages of 24 and 30,
accounting for 12% and 5% of the respondents, respectively.
3
INTERPRETATION:
3
How frequently do you take cabs?
INTERPRETATION:
According to this survey, 40% respondents select CABS to travel for every month and 4%
respondents do not select cab as their daily means of transportation.
3
Do you travel using on-demand cab services (such as Ola or Uber)?
INTERPRETATION:
According to this survey, 73% respondents do not use demand cab services (such as Ola,
Uber) as their travel and 27% use demand cab services as their travel.
3
Safety and security feature would help?
INTERPRETATION:
According to the survey, 52% of them said GPS Tracking Device Connected on
tVehicle to help track the a User/Operator/Driver features would be useful to them,
33% said GPS Tracking Devices Connected on the Vehicle to help track the actual
location, and 10% said
4
Which factors is most important to you when selecting a cab
services?
INTERPRETATION:
4
Do you want any changes in cab services?
INTERPRETATION:
According to the survey, 38% of them have responded that change in prices, 28%
for location problem, 12% for service quality and 22% for other factors.
4
CHAPTER-4
FINDINGSAND
CONCLUSIONS
4
FINDINGS
42%.
The majority of respondents (80%) are between the ages of 18 and 24.
UBER services.
beneficial to them.
38% of respondents want price changes, while 28% are concerned about
location issues.
4
RECOMMENDATIONS
AND
SUGGESTIONS
5
RECOMMENDATIONS AND
SUGGESTIONS
When presenting suggestions and recommendations in a report on factors influencing
consumers in the selection of cab services, it's important to provide actionable insights that
can inform strategic decision-making for ridesharing platforms and policymakers. Here are
Ridesharing platforms should prioritize pricing transparency to build trust and confidence
among consumers. Implementing clear and understandable pricing structures, providing fare
estimates upfront, and minimizing the use of surge pricing during peak hours can improve
5
Ridesharing platforms should focus on improving service quality by investing in driver
professionalism, cleanliness, and timeliness can enhance the overall customer experience and
usability, reducing wait times, and expanding service coverage to underserved areas.
Integrating additional services such as food delivery or package delivery can further enhance
Ridesharing platforms should implement robust trust and safety measures to address
realtime tracking and emergency response features, and transparently communicating safety
Ridesharing platforms should recognize that consumer preferences vary across demographic
groups and geographic regions. Tailoring services to meet the needs of diverse consumer
5
Ridesharing platforms should collaborate with government agencies and local communities
address transportation equity issues, and contribute to the development of smart cities.
Ridesharing platforms should continue to invest in research and development to innovate and
adapt to evolving consumer preferences and market trends. Conducting regular consumer
surveys, analyzing market data, and experimenting with new technologies and service
offerings can help ridesharing platforms stay competitive and responsive to consumer needs.
the use of electric and hybrid vehicles, promoting ride-sharing and pooling options, and
exploring alternative mobility solutions such as micro-mobility and public transit integration.
their services, improve customer satisfaction, and contribute to the overall advancement of
the cab services industry. Additionally, policymakers and regulatory authorities can use these
insights to develop policies that foster innovation, protect consumer rights, and promote
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This study discussed the factors that influenced customers' decisions to use taxi services. This
research will be useful for those who want to delve deeper into this topic. The questionnaire
must be perfectly designed and simple to understand for the respondents. Further research
should be conducted in the future with a more diverse sample that is geographically
distributed. This research could assist the taxi industry in developing customer relationship
plans. To support their research, future researchers must collect both quantitative and
qualitative data about each variable from various sources. As a result, there is room for
additional research that will provide a more comprehensive picture of the factors influencing
5
CONCLUSION
5
CONCLUSION
The study reveals customersatisfaction with cab services, the factorsthey consider when
choosing a service provider, comfort, convenience, and safety. This will assist service
Modern consumers are innovative while also price conscious. Customers who are price
conscious can analyse and compare prices among different service providers. Cab services are
becoming increasingly popular in India's metropolises and other urban areas. This will also
assist service providers in meeting customer expectations and developing their market brand
image This study investigates the multifaceted factors influencing consumers' choices in
The rapid growth of the ride-hailing industry has intensified competition, making it
imperative for service providers to understand and cater to consumer preferences effectively.
Through a comprehensive literature review and empirical analysis, this research identifies key
determinants such as pricing, convenience, service quality, brand reputation, safety, and
technological features.
Utilizing survey data collected from a diverse sample of consumers, both quantitative and
qualitative methodologies are employed to analyze the relative importance and interactions of
5
The findings offer valuable insights for cab service providers to develop targeted marketing
strategies and enhance customer satisfaction, thereby fostering sustainable growth in the
There is stringent competition in the organized cab services industry therefore organization
need to motivate consumers through coupons. The innovative behavior of consumers helps to
download mobile apps and further motivates them to redeem coupons while booking cabs.
The results of this study are consistent with earlier research studies because it is found that
price conscious consumers are likely to redeem coupons. The modern consumers are
innovative and at the same time they are price sensitive therefore coupon redemption helps
for customer retention. The brand image also plays a vital role in customer retention apart
structures and discounts offered by cab service providers. However, affordability alone is not
sufficient to drive consumer choice; convenience and accessibility play a crucial role,
pickup points. Service quality and reliability are paramount, with consumers prioritizing
Brand reputation and trustworthiness are essential considerations for consumers, who often
rely on brand recognition and online reviews to gauge service quality and reliability. Safety
and security are non-negotiable aspects, with consumers valuing measures such as driver
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Technological features and innovations, including GPS navigation, in-app messaging, and
preferences, with a growing demand for eco-friendly vehicles and sustainable transportation
options. Demographic and cultural factors also shape consumer preferences, highlighting the
In summary, cab service providers must recognize the diverse array of factors influencing
providers can enhance customer satisfaction, loyalty, and competitiveness in the dynamic
transportation market.
5
REFERENCES
5
REFERENCES
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152.
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Use of Uber Cab Booking Apps in the Ernakulam District. Invention in Business and
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Management International Journal (IJBMI).
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14. A study of minicab taxi services in Cape Coast, Ghana. International Journal of
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6
ANNEXURE
6
ANNEXURE
1. What is your gender ?
Male Female
Below 18
18-24
24-30
30-36
Above 36
Ola cabs
Uber
Others
Every day
Every week
Every month
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Less than every 2-3 week
No
Yes
Panic app
Others
Price
Ease of use
Other
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Price
Service quality
Location problem
Other