Asked by Alicia Ebding on May 26, 2024
Verified
Airbnb is considered an intermediation revenue model because it ______.
A) helps people in a real-estate-related industry
B) advertises on behalf of the homeowner/renter
C) charges a commission for connecting home renters with home owners
D) is purely web-based
Intermediation Revenue Model
The different methods by which third parties such as brokers (or “middlemen”) can generate money.
Commission
A fee paid for provided services typically a percentage of the item sold.
Home Renters
Individuals or groups who lease living spaces from landlords or property management companies for a specified period.
- Ascertain distinct revenue configurations from specific business outlines.
- Detail the significance of intermediaries or third parties in facilitating revenue generation.
Verified Answer
EL
Evelio LeyvaMay 28, 2024
Final Answer :
C
Explanation :
Airbnb connects home renters with homeowners and charges a commission for this service, making it an intermediation revenue model. Option A is incorrect as Airbnb does not exclusively help people in the real estate industry but rather connects renters and homeowners. Option B is partially correct as Airbnb does advertise on behalf of homeowners/renters, but the commission charged is the main revenue stream. Option D is not relevant to the question as it does not describe the revenue model of Airbnb.
Learning Objectives
- Ascertain distinct revenue configurations from specific business outlines.
- Detail the significance of intermediaries or third parties in facilitating revenue generation.