First HorizonWhich of the following is the most accurate definition of the core business of Airbnb marking its first horizon?To attract customers by marketing the features of a homestayTo provide an online platform that allows people to let out their property for a specific durationTo engage customers in a rich experience of enjoying a comfortable stayTo replace hotels with Airbnb properties

Third HorizonAirbnb’s third horizon planning would be dynamic. Which one of the following describes Airbnb’s third horizon activity?To invest heavily on its app features to provide ease of booking to customersTo include facilities like restaurant bookings.To provide customers with a heavy discount on homestays on every 10th booking made by them.To become an all in one travel platform and partner with other brands to promise a wholesome experience.

Second HorizonWhich one of the following activities is the closest to defining Airbnb’s second horizon?To include or arrange for more facilities like a swimming pool, smoking rooms, parking areas etc within the homestayTo include an option of bed and breakfast free of cost To allow customers to book local restaurants and experiences along with the regular homestayTo help customers with varying discounts on bookings made 3 months prior to the date of booking

AirBnB's rental platform is an example of:The sharing economyoperations with excessive initial capital requirementsA low-growth business modelNone of the above

ComprehensionAirbnb is one of the largest providers of a platform for hosts to accommodate guests with short-term lodging and tourism-related activities. The company provides an online booking platform which allows people to let out their property (house/private rooms/hotel room) to others for a short duration. Guests can search for lodging using filters such as lodging type, dates, location and price, and can search for specific types of homes, such as bed and breakfasts, unique homes, and vacation homes.Recently, the company is moving forward from an accommodation booking platform to a platform that allows its customers to book local experiences and restaurants. It has also introduced Airbnb Plus homes which lists quality and design-verified properties. The company has also created an online community through OpenHomes which provide temporary housing for individuals affected by a disaster, for medical relief and to Refugees.Airbnb is also planning to slowly become an all-in-one travel platform. It could be profitable if they partner up with other brands and provide travel and holiday packages along with homestay and rich local experiences.Question 1/3MandatoryFirst HorizonWhich of the following is the most accurate definition of the core business of Airbnb marking its first horizon?To attract customers by marketing the features of a homestay.To provide an online platform that allows people to let out their property for a specific duration.To engage customers in a rich experience of enjoying a comfortable stay.To replace hotels with Airbnb properties.

Why did Airbnb migrate to the cloud?SELECT THE CORRECT ANSWERReduce cost as compared to on-premise infrastructureIncrease performance and reduce downtimeManage and customize the stack without dependenciesAll the above