atans1

Comfort doesn’t know how to cut costs

In Uncategorized on 07/03/2017 at 10:28 am

Dr Ho calculates that if the firm changed the colour of its entire fleet to yellow, it would, over the course of a year, have to deal with 917 fewer accidents and would save around S$2m ($1.4m).

http://www.economist.com/news/science-and-technology/21718319-avoid-accidents-flag-down-bananamobile-yellow-cabs-are-less-likely-crash

Yellow cabs are less likely to crash than blue ones, says an NUS study.

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  1. Becoz re-painting 12,525 taxis & compensating those drivers also cost money. And becoz with a monopolistic and rent-seeking mindset, senior mgmt. approach has always been to seek cost recovery from drivers & push costs increases onto drivers & customers. With increasing profits over last 4 years, Comfort CEO can flip the bird at the good Prof.

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