Micro and macroeconomic environment.

1. Please make sure to use 12-point font, 1.5 spacing, 2 cm margins (min).

2. No executive summary, introduction and conclusion.

3. Need more than 10 references.

– The referencing style we use is the Harvard style, and please do not use fake references.

– I hope to get a very high level essay and get a great mark

Please make sure to use 12-point font, 1.5 spacing, 2 cm margins (min).

If not used, it will affect the number of words on the page.

Answer preview

The industry operates within the sharing economy that determines extra satisfaction to the customers. The customers are charged a relatively lower price compared to taxis. The industry requires a well performing micro and macroeconomic environment. With the continuous growth in the economy and reduced unemployment in the markets the industry profitability increases. The sector enjoys economic prosperity and customers are willing to pay higher for better services such as UberBlack. Most of the consumers in need of transport services at least can afford a smartphone to download the app. The industry benefits from the utilization of resources less competed. The industry uses private cars and unemployed individuals. The resources have less bargain and commercial competition (Cramer and Krueger, 2016, 5). The industry utilizes independent contracting reducing capital demands. The independent contractors are excluded from labor regulations maintaining high-profit margins from labor costs (Isaac, 2014, 12). The industry is focused on a global economy which is relatively stable keeping a higher growth potential.

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