Description

In the video “Making Room for Micro-entrepreneurs in the Sharing Economy,” we learn about the growing American “share economy” and how it makes use of people’s preexisting and underutilized assets and time. It also gives an example of the hospitality website Airbnb (Entrepreneurship) which helps turn empty guest rooms into makeshift hotel rooms.

Video link:

Please watch “Making Room for Micro-entrepreneurs in the Sharing Economy”

Source: PBS NewsHour (2014). Making room for micro-entrepreneurs in the sharing economy. Retrieved on November 1, 2016, from https://www.youtube.com/watch?v=O4YXbj0tMjs

After watching the video, answer the following case questions:

1. In your opinion, does Airbnb fit into a free enterprise economy? Why or why not?
2. Using the Airbnb example, discuss some economic benefits and costs of entrepreneurship.
3. Should the government interfere or place some regulations on entrepreneurs such as Airbnb?

Submission Format:
Write your business plan in the form of a report.
Follow the APA referencing method. Visit: APA Quick Reference Guide.
Follow the 400 words count +/-10% (excluding references but including citations).
Observe the conventions of professional standards for report/essay writing such as using suitable headings and good writing practice for comprehension of ideas.
Use Microsoft Word format.
Use double spacing and 12p font size.
Submit by the due date and time.
See the rubric for grading criteria.