Business Finance
Saudi Electronic University Careem Company Market Case Study

Ecom 421

Saudi electronic university

ECOM

Question Description

I’m trying to learn for my Business class and I’m stuck. Can you help?

Questions:

Q1. Do Porter’s five forces analysis on Careem and suggest your strategy to help the company in facing the cut-throat competition. (5 Marks)

Q2. Prepare a SWOT Analysis report of the company.

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Final Answer

Attached.

Outline
Q1. Do Porter’s five forces analysis on Careem and suggest your strategy to help the company in
facing the cut-throat competition.
Q2. Prepare a SWOT Analysis report of the company.


Careem market situation can be analyzed in terms of the porter’s five forces. For starters,
it is in terms of the threats that are posed by new entrants to the market. Notably, there is nothing
secretive about the app that is used by Careem. Thus, it can be easily replicated by other
companies who are willing to enter the ride-sharing market. Apart from that, there is a very low
switching cost for the consumer who can start using services that are offered by other
applications such as Uber. Due to all that, it impli...

brilliantmind (9481)
Carnegie Mellon University

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