Deliveroo and TaskRabbit are smaller examples of: A Platforms that have launched the sharing economy B...

Deliveroo and TaskRabbit are smaller examples of:

A Platforms that have launched the sharing economy

B Platforms that disrupted vertically integrated mainframe industry.

C Platforms that disrupted the publishing industry

D None of the above

Expert Solution

Sharing economy is an economic model which is defined as Peer to peer (P2P) based activity of acquiring, providing or sharing access to both goods and services that is often facilitated by a community based online platform. It involves short-term P2P transactions to share use of idle assets and services or to facilitate collaboration. It involves a type of online platform that connects buyers and the sellers.

Deliveroo is is a British online food delivery company that has operations in the UK and many other European and Asian countries. The idea behind this online platform is to allow consumers to get gourmet restaurant food delivered at their doorstep even when the restaurant doesn’t really offer deliveries.

TaskRabbit is an online marketplace where users can be matched with the local labour in their area. These local labor are known as Taskers. For receiving immediate help with everyday tasks, the Users have to simply log on to the mobile app or the website, select the task they need help with and they are matched with a tasker who will arrive to complete the task at their place.

Both these firms are leading examples of a successful sharing economy business model. Infact in a recent study, PwC has written that Deliveroo is one of UK sharing economy's fastest growing stars.

Hence the correct option is A , as both these platforms are smaller but very important examples of sharing economy.

keosha answered 3 months ago

Considering platforms such as Airbnb and Uber, how will the sharing economy affect employment? And how...

Considering platforms such as Airbnb and Uber, how will the sharing economy affect employment? And how should businesses adapt to the sharing economy?

a)Will the sharing economy platform of hospitality and short-term renting economy be sustainable after covid-19? b)...

a)Will the sharing economy platform of hospitality and short-term renting economy be sustainable after covid-19? b) If so how will it be sustainable in the future?

Have you ever engaged in a “sharing economy” transaction (e.g., used Airbnb, Uber or Lyft)? If...

Have you ever engaged in a “sharing economy” transaction (e.g., used Airbnb, Uber or Lyft)? If “yes,” what factors influenced your decision to do so? If “no,” what factors are influencing your decision to NOT do so? The concept of a “sharing economy” (as we now know it) is a relatively new one. Describe some of the social, demographic, and technological trends and changes that have contributed to creation of this sharing economy. [NOTE: You may need to do some...

Explain the effect of sharing economy in terms of economic theory.

One of the challenges of strategy analysis for an organisation in a smaller economy is finding...

One of the challenges of strategy analysis for an organisation in a smaller economy is finding sufficient competitors in its same industry. Apart from being in the same industry, offering the same products or services, what are other common factors between organisations that permit you to undertake an effective strategy analysis? What factors are not sufficient to permit an effective comparison? (For example, meeting the same customer needs with a different product or service may be sufficient, whereas being located...

write on the growth of sharing economy and its impact on traditional business models.

Explain how to motivate managers with profit-sharing based on practical examples?

Consider a nation with a large economy, like Canada, and a nation with a smaller economic...

Consider a nation with a large economy, like Canada, and a nation with a smaller economic output, like Costa Rica. How can Canada, with an absolute advantage in the production of most goods and services, benefit from trade with Costa Rica?

Create a cost-benefit analysis for regulating the sharing economy in Canada. Identify the stakeholders.

In Logistical and Sustainability Challenges in the Sharing Economy: how does the SE affect the logistics...

In Logistical and Sustainability Challenges in the Sharing Economy: how does the SE affect the logistics industry? How does it challenge it? How do traditional and crowd logistics influence each other? Do consumers play an autonomous logistics role? The financial and operational viability of such new logistics models and firms could be examined. And Also The Sharing Economy and its Implications for Sustainable Value Chains: How can sharing economy improve allocation and usage efficiency along the value chain? How can...

Question