Question

The second decade of the 21st Century has experienced the start of the Disrupter Economy. As technology puts new tools into innovators’ hands, the old boundaries between sectors are breaking down. Amazon has transformed bookselling, branched out into general retail and is now experimenting with delivery by drones. Apple shook up both the music and telecoms industries, and now has designs on our wrists. Six years after it came into existence, Airbnb has more rooms available than IHG or Hilton, the world’s top hotel groups. Innovation, of course, is as old as time. And there is nothing new about disruptive companies or about the imagination of the people who create them. But what feels different about today is the range and number of individuals and companies that are upending business models around the world. Whether it is the plethora of social media that are challenging journalism to reinvent itself; or the advances in technology that have transformed the way we order clothes, the latest film or a taxi; or the increased price efficiency that allows retailers to sell us cheaper goods, the disrupters are everywhere. Disruption is typically destructive, forcing companies out of business and, often, people out of jobs. But disruption also presents huge opportunities — for consumers, for the disrupters themselves, and for other companies as new techniques such as crowdfunding or big data mining become available to all. Consider: Apple Watch/ Fit Bit Uber/Lyft Text4Baby / Meditation apps Amazon opening an on-line pharmacy Describe how public health can benefit from the disrupter economy and one reason that might have a negative effect on public health (public health field or our community’s health). Use an example to illustrate your point for each: positive & negative. Pls limit your response to 5-7 sentences/bullets.

Answer 1

Online pharmacies are booming these days and it creates a remarkable impact on the economy.

But along with this there are several disadvantages are also to be noted like.

negative effects

1. ​​​​Outdated or counterfeit medication can be sent by the supplier
2. Cannot track the location of these pharmacies
3. Brand names often create confusion
4. They even provide medications without prescription
5. It can lead to abuse of these medicines

advantages

1. Easy accessibility
2. It is cheap
3. Time saving

For instance online pharmacies create an ease of shopping experience in while purchasing medicines online. But it has numerous disadvantages that outnumber the advantages.