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2/2/24, 7:02 PM Assignment Print View

4. Award: 11.11 out of 11.11 points

Descriptive Evidence 1

In 2015, Airbnb targeted China due to its large market. How did the company revise its approach in
2022?

✓  withdrew from China

 increased presence there

 targeted just large Chinese cities

 targeted just small Chinese towns

 partially reduced presence there

Airbnb rebranded their app and withdrew from China (in 2022) due to a prolonged zero-tolerance
COVID policy and other challenges experienced by U.S. web-based platforms.

References

Multiple Choice Difficulty: 1 Easy Learning Objective: 06-02 Examine the


relationship between value drivers and
differentiation strategy.

https://ezto.mheducation.com/api/caa/activity/C15Print?jwt=eyJhbGciOiJSUzI1NiJ9.eyJlbnZpcm9ubWVudCI6InByb2QiLCJpc3MiOiJlenQiLCJwcmludFVSTCI6I… 2/2

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