ITPEC FE Morning October 2020 Question 71
ITPEC FE Morning October 2020 — Question 71 of 80
Sharing Economy — identify the concept of sharing underutilized assets between individuals via platforms.
A sharing economy is a model where individuals share, lend, or borrow idle (unemployed) assets through platforms and social media communities. Classic examples include Uber (cars), Airbnb (housing), and tool-lending services.
Why not others:
- (a) Describes a smart city or Society 5.0 concept — using IT to manage renewable energy and urban infrastructure
- (b) Describes macroeconomic productivity growth through IT and SCM — unrelated to peer-to-peer asset sharing
- (c) Describes an omnichannel (click-and-mortar) sales strategy — combining physical and online retail channels
Key rule: Sharing economy = individuals sharing idle personal assets via platforms (think Uber, Airbnb).
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