1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Semmy [17]
3 years ago
5

Around the world, consumers are showing a robust appetite for the sharing-based economy. The presence of a few dominant companie

s in an industry makes it more difficult for entrepreneurs to start a business in that sector. Most Americans use their mobile devices for getting directions or listening to music rather than making purchases. Global trade has helped lift hundreds of millions of Chinese out of poverty. The United States was the most competitive economy in 2017.
Business
1 answer:
Crazy boy [7]3 years ago
8 0

Answer:

In recent decades the use of modern technologies such as the internet has changed the way it is consumed. Buy second-hand clothes, lend your own home, access entertainment content, obtain financing, share a meal, etc. This is collaborative economy or collaborative consumption

Explanation:

This collaborative economy is currently growing between 15% and 17% per year. For example, Uber, the digital application that connects passengers with drivers, in just five years is already worth approximately 68 billion dollars and operates in almost 132 countries. However, the success of this collaborative economy model poses a challenge to traditional companies. For example, in Europe, Uber has collided head-on against the taxi union, which accuses them of unfair competition.

You might be interested in
The only way workers in industrialized countries can compete with their counterparts in the developing world will be through:
ANEK [815]

Answer: D. Increased productivity by using technologically-intensive manufacturing technologies.

Explanation:

Technology has made work easier in many industies. Artificial intelligence has made things much easier, involving lots of robots and reducing human efforts, which tends to make things faster and smarter. People who work in industies of industrialized countries can compete with those of developed world by technology, because both party make use of technology, so the input and output from their industry would be same based on the facilities they use.

5 0
2 years ago
How can businesses best take advantage of globalization?​
NemiM [27]

Take the spread to their advantage to get more mainstream and known

7 0
3 years ago
What is a tort? A. A breach of contract B. A legally-binding contract between two parties that includes consideration C. An agen
ElenaW [278]
I am positive it is D

Good luck!
6 0
3 years ago
The following transactions relate to the General Fund of the City of Buffalo Falls for the year ended December 31, 2020:
kumpel [21]

Answer:

Explanation:

Please see attached file .

Download docx
5 0
3 years ago
More than 99% of all U.S. firms are classified as small businesses, and they employ about half of private workers. A small busin
V125BC [204]

Answer:

A

Explanation:

5 0
3 years ago
Other questions:
  • _______ occurs when the inflation rate is less than zero percent.
    9·2 answers
  • ___ requires creditors to provide borrowers with a complete written account of credit terms and costs.
    7·1 answer
  • A characteristic of generally accepted accounting principles includes:
    7·1 answer
  • A local political party made phone calls to assess likely voter turnout. The only question asked in the telephone interview was
    6·2 answers
  • Prepaid rent for one year on January 1, 2019, in the amount of $95,760. Record the adjustment on January 31, 2019. Purchased sup
    5·1 answer
  • Major American car manufacturers are offering buying incentives to newly graduated college students who traditionally have littl
    12·1 answer
  • When service producers bypass intermediaries and market directly to final buyers, or when new channel intermediaries replace tra
    12·1 answer
  • conduct a research on a successful south african entrepreneur. write an essay which you include the following: background, rise
    13·1 answer
  • Suppose that a small town has seven burger shops whose respective shares of the local hamburger market are (as percentages of al
    5·1 answer
  • Did yall know Kanye West was running for president?
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!