Question
The sharing economy has been widely hailed as a major growth sector, by sources ranging from Fortune magazine to President Obama. It has disrupted mature
The sharing economy has been widely hailed as a major growth sector, by sources ranging from Fortune magazine to President Obama. It has disrupted mature industries, such as hotels and automotives, by providing consumers with convenient and cost-efficient access to resources without the financial, emotional, or social burdens of ownership. But the sharing economy isnt really a sharing economy at all; its an access economy. Sharing is a form of social exchange that takes place among people known to each other, without any profit. Sharing is an established practice, and dominates particular aspects of our life, such as within the family. By sharing and collectively consuming the household space of the home, family members establish a communal identity. When sharing is market-mediated when a company is an intermediary between consumers who dont know each other it is no longer sharing at all. Rather, consumers are paying to access someone elses goods or services for a particular period of time. It is an economic exchange, and consumers are after utilitarian, rather than social, value. You can read the complete article here: https://hbr.org/2015/01/the-sharing-economy-isnt-about-sharing-at-all
You MUST follow the Project Report format, which should contain the following sections:
Economic drivers: Recommend strategies for an entrepreneur by identifying three major Socio-Economic and Technological drivers that contribute to the success of Uber organization
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