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Showing posts with the label resource management

Will Technology and the Sharing Economy Adjust the Market?

The sharing economy is upon us as a direct result of the Internet and its ability to move information around the globe quickly. The lean years since the Great Recession has further fueled an entrepreneurial spirit that tries to hedge income and opportunities through micro-businesses. Large companies are adjusting their structures to reduce costs and improve upon operational functioning. Will the sharing economic and Information Age adjust the way we think, interact, and conduct business? Things don’t often change quickly and it takes time for people to understand and develop methods of realizing goals.   The sharing economy encourages people to interact with each other by using technology on an economic, ecological, and sociological level (Dubois, 2014). They connect together and share resources to create opportunities.   On a micro level this collaboration builds new possibilities. Companies are finding benefit in working with other companies and stakeholders to generate