Examlex
"The emergence of the marketing concept can be explained best by the shift from a seller's market, a market with a shortage of goods and services, to a buyer's market, a market with too many goods and services." Explain.
Sharing Economy
An economic system in which assets or services are shared between private individuals, either free or for a fee, typically by means of the Internet.
Peer-To-Peer
A communications model that is decentralized, where every participant has equal capabilities, and both parties can start a communication session.
Rent
Payment made periodically by a lessee to a lessor for the use of premises or other property.
Intangibility
A characteristic of services that implies they cannot be seen, touched, or physically measured.
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