Mba 5010 Week 2 Assignment (Rev 2)

MBA 5010 Week 2 Assignment (Rev 2)
The weekly assignments are intended to be completed individually. It is important in an online program that you pay careful attention to when it is and is not appropriate to work with peers. Misunderstandings can have significant consequences. By submitting this assignment, you are attesting that you completed this work without assistance from another current or former student of this class. Exceptions can be made for tutors, but only with prior consent from your instructor.
Your answer will be evaluated based on correctness, completeness, and clarity. Be attentive to your writing. You have until midnight CST Sunday to submit both parts of this assignment.
Part A (25 points)
Question 1 – Return to week 1 assignment and analyze your writing on Part B. Identify and explain three specific opportunities for improvement.
It becomes more convenient and more profitable to have access to some good than to own it for people.

Access to use the stuffs that we don’t have can be also helpful for individual improvement.

A large number of specific services grow, which connect those who own the resource with those who need it.
Question 2 – Write a one-paragraph email poorly. And then follow it with the same message but written well. Include a subject line. Explain the difference.
Dear Shodmonov

I request a vacation from Monday till Friday. I will look forward to your approval.

Best regards

Muhayyo
Subject: Vacation request for September, 10-13

Dear Mr. Shodmonov,
I would like to request a vacation from Monday, September 9th till Friday, September 13th.

I will make sure to complete all my current projects and pending tasks in advance before the vacation. My colleagues Diyora and Rustam will cover my responsibilities during my absence.

Looking forward to your approval.
Sincerely,

Muhayyo

Sales manager
Difference between two emails is that the second one is written completely and clearly. For example it has subject line that introduce the content of email. Moreover, the second email is addressed formally as a rule in the formal organizations. The first is too short and unclear to understand. It has not subject line and person’s position that sent this email.
Question 3 – Using a lemonade stand as an example, produce a short video explaining the concept of value creation. You will be evaluated on the clarity of your presentation.
Submit your response as a separate file
Part B (25 points)
This week you are to complete a FINAL response to the following questions. The class will be divided into groups so you and your peers may collaborate on Part B of this assignment. This final response will be evaluated on content as well as completeness and clarity.
“…profit-seeking firms create value for the owners, customers, and other stakeholders by continually driving the economy toward an ever more efficient allocation of resources.”
The Earth Institute at Columbia University hosted a roundtable on the Sharing Economy.  While there are significant sustainability implications of the sharing economy, these are only tangential to our interests.   I want you to watch the roundtable discussion, follow up by pursuing your own independent research, and then write approximately 500 words addressing the following.

• 
  What is meant by the “sharing economy”?
  
• 
  How does the sharing economy better allocate underutilized resources?
  
• 
  In so doing, how does it “create value”?
  

https://blogs.ei.columbia.edu/2017/10/26/the-sharing-economy-is-transforming-sustainability/
The sharing economy is taking the stuffs that we need for the rent instead of buying them. The idea is that many people find it more convenient to pay for a one-time use of a product than to own it all the time. The sharing economy makes it as easy as possible to exchange supply for demand, and therefore has high efficiency. As it turned out, in many cases it is more profitable for people not to own valuable items, for example, a car, but to pay only for the time it takes to actually use them. In contrast, those who have idle property have the opportunity to benefit from it.

Such services really save people time and money. The consumer chooses what is convenient and beneficial for him, therefore, the popularity of sharing is only growing.

Sharing Economy is based on saving time. The market may offer a lot, but in fact only the essentials survive. In the first place for a person is time saving - the greatest value for him.

Let's take a look at a modern metropolitan resident. In the morning he puts on a rented shirt. Then he drives a car-sharing car to work in the coworking space. After work, he returns to a rented apartment or apartment in a convenient area for him. Sitting on a rented couch, he strokes a rented cat. They will rent a dress and a smoking jacket with their fiancée and get married in a rented cottage. And all this for him is very convenient, economical and quite shareable.

Overall, the sharing economy creates value by providing access and intensifying the use of under-utilized assets. It does so through two principal value-creation mechanisms: 1. Peer-to-peer intermediation: some initiatives create value by organizing decentralized peer-to-peer transactions. Typically, these are sharing economy platforms (such as Airbnb) that connect peers through distributed, large-scale digital networks in order to organize decentralized production, distribution, and exchange of products and services. 2. Centralized resource pooling: some initiatives create value by creating and providing access to a centralized resource pool. This typically corresponds to “access-driven business models” or “product-service systems” where for-profit companies (such as ZipCar) create a centralized infrastructure that is accessible for short-term rental. This also corresponds to initiatives such as Wikipedia, where individual decentralized contributions are stored and aggregated in a central pool (the Wikipedia website) that is made freely available to users.