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

Question

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Solution

AirBnB's rental platform is an example of: The sharing economy.

Here's why:

  1. The sharing economy is a socio-economic system built around the sharing of resources. It includes the shared creation, production, distribution, trade, and consumption of goods and services by different people and organizations.

  2. AirBnB's business model is based on the sharing of resources, specifically homes or rooms that are not being used by their owners. These owners, or hosts, share their resources with guests who pay to use them for a certain period of time.

  3. This model does not require excessive initial capital requirements because the hosts are using resources they already own. AirBnB simply provides the platform for hosts and guests to connect and transact.

  4. AirBnB's business model has shown high growth potential, as evidenced by its rapid expansion into markets all over the world. Therefore, it is not a low-growth business model.

  5. Therefore, the best answer to the question is that AirBnB's rental platform is an example of the sharing economy.

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