Advantages And Disadvantages Of Sharing System

Sharing economy is a new trend, which has happened with the global advent of Social Media and the peer-to-peer network. It is affecting different aspects of the Hospitality Industry. It allows people to share their belonging or services with strangers, in an online trust-rated way. “The Sharing Economy is a socio-economic ecosystem built around the sharing of human and physical resources. It includes the shared creation, production, distribution, trade and consumption of goods and services by different people and organizations” (Matofska, 2015). The two main examples of shared economy that brought huge debates to the world’s media nowadays are Uber and AirBnb. These shared economies, which allow peer-to-peer exchanges throughout technology,

In Anderson’s In My Opinion, he launched an attack on two topics: convenience sampling and indices as measures of relative abundance. Convenience sampling is where data subjectively taken from locations close to roads, trails or campsites as opposed to any method of probabilistic random sampling. According to Anderson, the main problems are that one cannot make strong inferences about the population as a whole, and that there was no process to look at the precision of estimated parameters. The other issue was how index values were being treated as equivalents to relative abundance. Here Anderson states the problem that this method rests on “absurd” assumptions – that the method is inherently an assumption, and detection probabilities must be kept constant, which is impossible. He goes so far as to assert that use of index values is unprofessional. To support his claims, he cites another study done by Rosenstock et al. in which 224 papers were analyzed over a 10-year

1. Sharing economy makes use of underutilized or idle resources and is mostly focused on peer –peer interaction. This encourages human interaction and trust among individuals and empowers them to be more open by increasing their humanness and encouraging collaboration. This system decentralizes power to distributed networks empowering communities as well as individuals.

The new wave of businesses and the myriad of terms which accompany – co-production, collaborative consumption, on-demand economy, now form today’s Sharing Economy; a hybrid of social exchanges and economic interests governed by reputation systems. Its commercial agenda is significant as previous notions of communitarian and cooperative vision which focused on personal experiential exchanges are now defined by a small number of firms backed by large amounts of venture capital. The sharing economy takes its inspiration from one tenet of the Internet culture: a belief in the virtues of openness. Openness and sharing go hand in hand: to make something is to stop it being a commodity. Economically, openness has two roles: it is an alternative to commerce, but it also generates new forms of commerce, and

There is another class that is a combination of two or all of approaches, called hybrid approach. This kind of recommender systems arises with the aim of solving drawbacks that the other systems present in some situations [120] and to improve performance lead to advanced recommender systems [14]. In order to do that, these systems combine different techniques of the previous recommender systems [120] to achieve some synergy between them [121]. For example, a collaborative system and a knowledge-based system might be combined so that the knowledge-based component can compensate for the cold-start problem, providing recommendations to new users whose profiles are too small to give the collaborative technique any traction, and the collaborative component

They used to tell you not to get into a car with strangers that you’ve never met before. Nowadays, it’s almost easier than ever to get into that situation. With ridesharing services becoming an ever more popular option for people to get around in cities, there has also been a change in the culture of transportation around the world. There are many benefits as a well as negatives to such rideshare services such as Uber, Lyft, Didi Chuxing, Careem, and Grab. Now with nearly a median of 43% of people in the world that owns a smartphone, it’s never been easier to access ridesharing applications (Poushter, 2016). These ridesharing apps aren’t such smoothing sailing ideas and has met a lot of opposition to get to where it is today. Yet despite all these hurdles it comes with, ridesharing applications is the way of getting around in the future as it creates job opportunities and offers better service.

In undertaking the PGDipBE is an opportunity to gain perspective not only on the academic course, but also the way of life. It is a challenge in meeting different people with different cultures, language, personality and to be independent. Being diverse it promotes awareness and appreciates each other. Learning numerous life experiences in dealing with the tutors, classmates and the people who come across. Having class interactions and group work, understanding each other point of views helps in building camaraderie. After being together no more differences will be felt, discovering each other’s best potentials. More importantly, grows own personal characteristic to be patient, good listener and adaptable to the changes of the environment.

Shared hosting is empowered by separating up the storage room on a web server and assigning areas to various clients to have their sites. Other than sharing the storage room, clients additionally share the servers' assets, e.g. its memory and preparing power. The uplifting news, monetarily, is that running and keeping up expenses are likewise shared, and this is the thing that makes shared hosting the least expensive type of facilitating you can purchase. It is the most prominent shape and works superbly well for generally sites. The price range of shared hosting depends from 5 dollars to 20 dollars per month.

The history of forming a cooperative started when the Filipinos traveled in Europe during the later part of the 19th century, studied abroad and brought home with them new ideas. It was this group of Filipinos who were in close contact with the new economic movement in Europe. Two names worthy of note were Dr. Jose P. Rizal and Teodoro Sandiko. In Dapitan, Rizal had his ideas in cooperation partially fulfilled. He put up a school for the poor community on a purely cooperative basis. He also established a cooperative store with the help of his pupils. One noteworthy group organized by Rizal was the La Sociedad de los Abacaleros (Society of Abaca Producers). This functioned for only one year. Rizal returned the members share capital without any loss. Teodoro Sandiko, in his travels in Europe, had a close contact with the cooperative movement in Germany where he came across with the Raffeisien movement. Very much impressed by this type of cooperative, he looked forward for an

The dramatic development of the Internet is making our life to constantly change and improve. In the past two years, some cellphone application (app) were in the explosive growth, for example, Airbnb and Uber. All the great successes they have made based on a concept - the “sharing economy”. The logic of these software is similar: the hands of users will be idle vehicles or take out housing resources, Uber and Airbnb will release these resources, in the form of information to the mobile terminal software and provide services to customers at low prices (Cannon & Summers，2014; Matzler, Veider & Kathan, 2014). The new business model brings customers significances, nevertheless, the rationality of the "Sharing economy" mode still exist many disputes, such as its regulatory responsibilities causes safety concerns. This paper will discuss whether the “sharing economy” is consumer 's optimal economic interests by evaluating pro and cons respectively.

Uber Technologies Inc. is an American online transportation network company based in San Francisco, California and until recently is available worldwide. It develops, markets and operates the Uber mobile app, which allows consumers with smartphones to submit a trip request using the app. The software program then automatically sends the nearest Uber driver the location of the consumer. The Uber app automatically calculates the fare and transfers the payment to the Uber driver. Uber driver’s use their own personal vehicles and work on a part-time need basis by having higher surge charges when drivers are needed. Uber now operates in over 66 countries and 507 cities worldwide. In this paper the basic background of the company, business decisions, different means of transportation they offer, some of the backlash they have encountered, and future technologies they are working on.

“Job sharing is a solution that might suit you if you feel you can 't leave your job uncovered for part of the week. If you 've ever toyed with the idea, you will realise that the sharing element of a job share is obviously key” (Deeble, pp. 22, 2003). Accordingly, the essence of this particular Session Long Project (SLP) is dedicated to the examination of job sharing. Hence, as insinuated by the subtitle of this segment of this assignment; this portion of the essay will contend with the perks and disadvantages of job sharing. Incidentally, prior to further deliberating over the pros and cons of job sharing. Let’s quickly, delineate this concept. Simply said, job sharing is deemed as a mutual division of the same type of workload amongst two laborers (Heathfield, n.d.). At any rate, let’s resume conferring over the advantages and disadvantages of this notion.

The widespread of mobile tablets and advanced payment ways motivate the advent of the technology-based sharing economy like Airbnb and Uber. The sharing economy nowadays is just a reengineered consumption model consists of old processes and digital technologies (Sundararajan, 2013). In other words, digital technologies are the powerful enablers for the rising of sharing economy.

As for the practical side, this study can be used by managers of Airbnb as well by other managers of sharing economy-based companies, as this study provides the results of primary data analysis. It shows, how aware people are of Airbnb in some countries, like Russia or Germany and gives some insights into the main reasons to use collaborative consumption on the example of Airbnb. Moreover, this study emphasizes the importance of trust in the creation and maintaining the relationships with customers.

Immigrating to “The New World” was a dream for many Europeans, as well as, one of the biggest decisions of their lives. During the period of 1606 to 1776, it was very costly to obtain passage to the new world. A desire to own land was a major draw and was one of the reasons why many immigrated to America. “Ownership and land signified wealth and position the Europeans . Before potential immigrants could migrate to America, information should have been gathered to make an informed decision on where to settle. Financial risks played a part in settlement due to the price of the voyage to the colonies that required nearly a year's worth of income for the English, “ The cost of the Atlantic passage was 9 to 10 per person”.With information