Should Company Build Competitive Advantage By Embracing The Sharing Economy

Elizabeth Bennett, a businesswoman that had a great idea and worked hard to start a new business in the ecommerce market named CanGo.

Uber Technologies, Inc. was founded in 2009 by Travis Kalanik and Garrett Camp as a way to solve their own transportation problems in the traffic congested city of San Francisco where it is still based and headquartered. Uber Technologies offers an on demand car service application for smartphone users that links drivers with people needing a ride. According to Jim Makos of Pestle Analysis “It brilliantly connects the transportation industry with technology via its ride-sharing app.” With the click of a button on the application you can summons a vehicle of your choice see your rate, pay

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A virtual corporation is described as a technology-linked network of companies, suppliers, and customers that are used by a company to outsource non-strategic business functions (Hershkovitz, 2012). The management of Super Bakery, Inc. identified that they could reduce their costs in permanent staff, fixed assets, and working capital (Kimmel,

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You’ve probably heard the term “gig economy” in the past few weeks. Gig economy refers to non-traditional jobs taken by temporary personnel, independent contractors or freelancers. There is a lot being said, positively and negatively, about the impact this economy is having on the labor force and the economy.

Actual express authority, this principle provides that the principle (Uber) enters an explicit agreement with the agent (drivers) to take part in a given action such as giving orders for them to transport people from one point to the other.

1. What is competitive advantage, and how does it relate to a company’s business model?

In today’s global economy sustainability is very important; from the biological aspect to the industries they all play a role on the marine environment. As world population increases the demand of fish rises causing overfishing. Certain laws have been placed to limit the amount of wild fishing to reduce the risk of endangerment. To meet the demand of the population, fish farms are introduced. Pollution and health related issues are part of the challenges of fish farming. Sustainability also affects social areas such as beaches.

The online payment marketplace is experiencing an explosion of innovative ideas, plans, and announcements, which one commentator has likened to a “goat rodeo”, a chaotic situation in which powerful players with different agendas compete with one another for public acceptance, and above all, huge potential revenues. Others liken the payment marketplace to a battle among the four platform titans Apple, Google, Facebook, and Amazon. Each of these titans have their own versions of a future payment system that challenges the other players. And let’s not forget PayPal, the reigning power in alternative online payment, or the credit card companies who process over 70% of online payments, or the

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Companies live and breathe innovation; or, at the terribly least, notice it basic to their success. Such companies are those that others ought to emulate for they recognize that to do business, as Peter Drucker prompt in an exceedingly recent Harvard Business review article, “Every firm—not simply businesses—needs one core competence: innovation.”