Question: New technology changes create new markets. However, it is always confronting existing markets and regulations, causing various problems. On March 6, 2020, the Tada Ban

New technology changes create new markets. However, it is always confronting existing markets and regulations, causing various problems.
On March 6, 2020, the Tada Ban Act, an O2O sharing economy model, was passed and eventually decided to suspend operations.
In 2021, regulations related to platform giants, especially Kakao and Naver, are emerging as controversies in Korea.
If so, should the hospitality industry deregulate new business models or strengthen regulations to protect existing industries?
Give your opinion in one respect.
Please help me! Thanks you

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Q:

New technology changes create new markets. However, it is always confronting existing markets and regulations, causing various problems. On March 6, 2020, the Tada Ban Act, an O2O sharing economy...

Q:

Circular Economy In light of all the issues associated with circular economy, develop a framework to achieve sustainability and social responsibility while simultaneously promoting equitable economic...

Q:

CASE STUDY RESEARCH TOPIC SELECTED - INTERNATIONAL FINANCIAL CRISES I choose covid-19 for my international financial crises case study. please answer 1. Context background information, business...

Q:

MGMT4308 DR. HUANG Knowledge Base for General Environmental Analysis1 The general environment is composed of factors that can have dramatic effects on firm strategy. We divide the general environment...

Q:

Write two paragraphs for Chapter 14 (Maximum seven grammatically correct complete sentences in each paragraph). One summarizing the chapter and one what you learned in each chapter. It should be your...

Q:

4 easy accounting questions and a comfortable due date. Sorry I can't offer any more tutor credit. Thanks in advance! :-) Question 1: A few years ago, a publishing company in the fourth quarter had a...

Q:

What strategies do leaders in modern organizations use to empower employees towards environmental sustainability? Write down a 500 word report using APA intext and APA reference page. M Inbox X ChatC...

Q:

The Coca-Cola Company Executive Summary Coca-Cola has been the staple in the soft drink market since John Pemberton founded the company in Atlanta, Georgia, 1866. With 1.8 billion Coke bottles...

Q:

What is the working capital, current ratio, and quick ratio of Intuit? Please use the attached annual report. Frequently, management will comment on liquidity in the MD&A (management's discussion and...

Q:

Read below and look around at your organization, whether your school or workplace. What three ideas can you come up with right away for possible innovations? How would your ideas, if implemented,...

Q:

Methanol, CH3OH, is a compound that is used in car windshield washer fluid to lower the freezing point of the solution. If an aqueous solution of windshield washer fluid has a mole fraction of...

Q:

Tokwa Inc. is a dealer of Kia trucks and automobiles. Tokwa distributes annual bonuses to its Vice President for Sales and three division managers, namely: Truck Division, SUV Division, and AUV and...

Q:

An organization that does not pay income tax on its profits but passes them through to its owners who pay the tax at their individual rates is called a a. tax-free business venture. b. flow-through...

Q:

atch the compensation objectives with their meanings. Efficiency Efficiency drop zone empty. Fairness Fairness drop zone empty. Compliance Compliance drop zone empty. Improving performance and...