Answer to Question #206239 in Management for Ariana Singh

Question

Discuss the importance of environmental scanning and explain how the founders of Airbnb scanned the environment before starting their company. NB: Your answer should be a minimum of 500 to a maximum of 650 words. Markers are to stop marking after the threshold of 650 words has been reached. Please indicate the word count at the end your answer

Answer 1

The founders of Airbnb Company scanned the environment. They recognized a challenge that people were facing in the city, and later they used this as a chance to start the business by answering the challenge the people were meeting at a fee, which is how Airbnb began to operate.