Illustrate Airbnb's overall business operations using the system view 15marks Airbnb managed to successfully list for an IPO in Nasdaq in late 2020 amid the difficult times for most hospitality industry players during the Covid 19 pandemic, while also broke even in 2022 In your opinion, how were they able to achieve both financial feats Your explanation should include market factors that influenced the outcome, as well as strategic implementations by the company (5 Marks) Based on information from the article, identify and explain THREE (3) different business processes at Airbnb that would require data analytics Your answer should also include the use of specific information systems, data management tools, and data analytic techniques that could be applied by the company (12 Marks) Based on the information from the article, describe Airbnb's business model components, primarily its customer value proposition, revenue model, market opportunity, and competitive advantage (20 Marks) Describe specific ethical dimensions and security issues that have emerged from Airbnb's service Evaluate whether what the company has put in place to deal with these potential problems is sufficient, and if not, suggest better ways to do it (8 Marks)

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Posted on Oct 25, 2024

Illustrate Airbnb's overall business operations using the system view. 15marks
Airbnb managed to successfully list for an IPO in Nasdaq in late 2020 amid the difficult times for most hospitality industry players during the Covid-19 pandemic, while also broke-even in 2022. In your opinion, how were they able to achieve both financial feats? Your explanation should include market factors that influenced the outcome, as well as strategic implementations by the company. (5 Marks)
Based on information from the article, identify and explain THREE (3) different business processes at Airbnb that would require data analytics. Your answer should also include the use of specific information systems, data management tools, and data analytic techniques that could be applied by the company. (12 Marks)
Based on the information from the article, describe Airbnb's business model components, primarily its customer value proposition, revenue model, market opportunity, and competitive advantage. (20 Marks)
Describe specific ethical dimensions and security issues that have emerged from Airbnb's service. Evaluate whether what the company has put in place to deal with these potential problems is sufficient, and if not, suggest better ways to do it. (8 Marks)