The Collaborative Economy Is Defined As An Economy

The collaborative economy is defined as an economy built upon a distributed network of connected individuals and communities working together, contrasted with centralized institutions, redefining how individuals and companies produce, consume, finance and learn (Botsman 2013). Crowdfunding, a subset of the financial component, is a method in which a large number of individuals fund a project, activity or cause. Leveraged by a technological platform, individuals seeking capital could solicit investors in aggregate with funds as modest as $5. Elements of the crowdfunding methodology possess attributes that are fully in line with Islamic concepts and ultimately Islamic business and social principles. Such interlinked attributes can be summarized as follows; Cooperation. Fundamental to the collaborative economy is the collaboration and participation of individuals with identified resources. The syncing, sharing and distribution of the respective resources and assets, benefit both parties. The fostering of such mutual cooperation is the nature of Islamic teaching and business practice. Conversely, there is a stern warning relayed, in the Quran, to one who chooses not to promote mutual cooperation; It is He who made you the vicegerents of the earth and raised some of you in ranks over others so that He may test you in what He has given you. Surely, your Lord is swift in punishing, and surely He is Most-Forgiving, Very-Merciful (Quran 6:185). Consultation. A benefit ofShow MoreRelatedThe Difference Between Collaboration Advantage and Collaboration Inertia953 Words   |  4 PagesCollaboration can be defined as a process, where two or more people or organizations work together to achieve shared goals by sharing knowledge, learning, and building consensus. In order to explore the nature of the practice of collaboration, the author has specifically focused on some of the concepts which challenges the individuals involved in collaborative alliance. 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The sharing economy exists as a result of collaborative consumption where the needs of one party are able to be met by another willing party due to the facilitation of communication through an online platform (Hamari, Sjà ¶klint, Ukkonen, 2015; Schor, 2014). In this case, the proposed solution is AirMeals, a collaborative consumption platform that connects travelling Clients who want to experience a traditionalRead MoreSocial Planning : The Top Down And Bottom Up Change Essay1638 Words   |  7 PagesSocial planning is limited by the top-down and trickle down approaches that proliferate and impact on social concerns. Neoliberal ideologues and theories primarily based on the economy have impacted on the social investment c ontext of social planning. In this essay, a brief explanation of social planning and its function in relation to top-down and bottom-up change is discussed and evaluated. Further, the theory and practice duality of social planning is presented. The social learning and communicative

Easy Chemistry Project Make Your Own Snow Globe

The chemistry part of this snow globe lies in choosing a good liquid and sealant for your globe. It is nontoxic and fun! Another version of this project involves making chemical snow. Homemade Snow Globe Materials Use your imagination to decorate the globe. Common ingredients include: Small Jars with LidsMineral Oil or WaterEgg Shell and/or​Â  GlitterGlue Gun or SealantDecorative Objects Assemble the Snow Globe You can use a variety of jars: baby food, pimiento, jelly, or any clear jar with a tight-sealing lid.Use a glue gun, aquarium sealant, or florist clay to adhere your scene to the inside of the lid. Allow glue to cure the required time before adding liquid.Fill the jar with mineral oil, baby oil, or water. The snow or glitter will fall more slowly in the oil.Add crushed egg shell for snow and glitter, if desired.Carefully set the lid (with the scene) onto the full jar and seal it tightly.You may wish to apply more glue or sealant around the outside rim of the jar to ensure a good seal.You did great! Enjoy. Tips for Success Adult supervision is required if you are using a glue gun or sealant. Sealants often give off toxic fumes, so be careful!Crush egg shells by rolling over then with a rolling pin, with the shells inside a heavy-duty plastic bag.Use your creativity! You can add food coloring, bits of costume jewelry, make figures from plastic twist-ties, etc.You can make a decorative cover for the lid with fabric and ribbon.

Script For Presentation Free Essays

Script for presentation Introduce yourself and say what you are going to talk about How long the presentation will last and when questions can be asked Why this product? The new product I have designed for Catbird is called Caramel Bites. The reason have decided to create this product is because†¦ The results to my questionnaire showed that most people prefer Caramel as their chocolate filling which means that they are most likely going to buy the product. They also preferred milk chocolate over white or dark which is why the product is milk chocolate, this way the product is most likely going to make more sales if t is up to the customers liking. We will write a custom essay sample on Script For Presentation or any similar topic only for you Order Now Most people preferred not to have more than one filling. They preferred just caramel Packaging Bite size, in a packet- people preferred them in a packet because they can be eaten bit by bit and last longer. Branding- It will be branded by Catbird as a confectionery snack Competitors Competitors are Galaxy and Mars. The reason for this is†¦ Galaxy have their product Minstrels and Mars and Maltese They are similar because they are both bite sized and in a small packet The product itself is different because they are a bite sized caramel snack which no other product has. Pricing app a packet Reasons for this price because.. Competitive price with similar products. E. G. Maltese Special offers- 2 for a pound which would introduce customers to the product Evidence of primary and secondary research primary- Questionnaires, asking people what they prefer Secondary- collecting data from the internet to see where the product fits in with its competitors in terms of Price and Brand. How does the price link to the target market? Target market is used to paying this price- it is the expected price place Where will the product be available? College shops and local stores, because according to my questionnaire.. Most people purchase their chocolates from their local stores and shops inside college Primary research- Used when collected the information from my questionnaire. Secondary research- Going on the internet and finding out where my target audience purchases their chocolates from. Distribution channel The distribution channel used will be selling through retailers. (Producer- Retailer- Consumer) Where will the product be located? Front of the store: It is more convenient for new products to be at the front of the store Helps to promote it and they are more likely to catch the customers eye. How it fits the target market? Product is being sold where the target market shops for their chocolates. Promotion Where the product is promoted? Television, Magazines, Radio, Social Network. What sales promotions? Guy 1 get 1 free (BEFOG), Multi buy (3 for a pound). Primary research showed that the target audience will buy products from app-E, so if it was on promotion they would go for the offer. Secondary research is shown in other stores when promotional offers are on, therefore the consumer will buy them. How does it fit with target market? If a product is on promotion, e. G. Multi buy, the customer will go for the promotion because it is cheaper. Advertising the product Will be advertised on TV, Magazines, Social Network, Billboards, Transport (Buses) etc. Another form of advertising is word of mouth. When will you advertise? Drive times- morning (when people are driving to work, school etc) Evening- coming home from work. During popular n. † show breaks. Conclusion Product- Caramel Bites in a packet because most people preferred caramel filling and chocolates in packets. Price- app because it makes it competitive with other products that are already on the market. Place- Local store and college shops because this is where the target audience purchases their housecoats. Promotion- Buy 1 get 1 free and multi buys to increase interest in the new product. Why will it succeed? The product has been priced competitively Marketed/promoted properly to the right audience Sold in the most profitable places (local stores and college shops) It tastes good, so people will spread it from word of mouth. How would you grow the products market share? Expand the target audience (make it appropriate for other consumers). Such as- expanding the packaging (treat bag size and fun size) That’s the end of my presentation, thank you for listening. If there are any questions please feel free to ask. How to cite Script For Presentation, Papers