What area(s) of the general external business environment do you believe changed in order to provide an opportunity for a company like AirBnB to form. Is there a changing area of the general environment that you believe will be a threat to their business model in the future

1. The areas of the general external business environment that changed in order to provide an opportunity for a company like AirBnB to form are:

Economic, Demographic, Social, and Technological areas.

2. There is a changing area of the general environment that will be a threat to the AirBnB business model in the future.  This area is the competitive environment, gingered by economic, political and legal, socio-cultural and demographic, and technological changes.

Explanation:

According to available data, Airbnb’s business model operates as an online marketplace, which provides people the opportunity to rent out their available properties or spare rooms to guests through the firm, Airbnb.  Airbnb receives some commissions from both hosts and guests.  Like every business entity, Airbnb must, at one time or the other, capitalize on and face threats from its external environments, including Political and Legal, Economic, Socio-Cultural and Demographic, and Technological environments.

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