ITPEC FE Morning October 2022 Question 74
ITPEC FE Morning October 2022 — Question 74 of 80
The sharing economy is a peer-to-peer mechanism where individuals share, lend, or borrow underutilized (idle) assets using social media or digital platforms. Classic examples: Airbnb (rooms), Uber (cars), peer-to-peer lending apps.
Why not others:
- (a) Describes a Smart City — IT-managed urban infrastructure and renewable energy for quality of life
- (b) Describes an IT-driven new economy concept — productivity gains and SCM eliminating supply-demand gaps
- (c) Describes O2O (Online-to-Offline) commerce — combining in-store and internet sales channels
Key rule: Sharing economy = idle assets + peer-to-peer + social/platform mediation (not B2C sales or city infrastructure).
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