Airbnb Case Study Globalization

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3. Globalization

Throughout the last decades, globalization became a real phenomenon, but history tells us that it is actually not a new social, historical phenomena, but has, under different names and manifestations, been with us for a long time. It is actually not only the continuation of the liberalization of international trade, which began in the mid-19th century with the launch of cross-border trade over long distances and later with intensive large-scale mobility of labor and capital. During capitalism, globalization has amplified due to the lust for profit, which is driven by capitalists across the globe. Indeed, globalization has significantly strengthened ever since. Today it is almost impossible to talk about goods produced in a …show more content…

What is Airbnb?

The main feature in the case of Airbnb as a multinational corporation is the corporate form of ownership and organization of property of shareholders from different countries. Their economic unity of action constitutes a single development strategy with centralized marketing, financial and the development function which is before the exchange company. It is also characterized by the distribution of production capacities on the territory of several countries where more and more specialization is offered in Europe and Asia.

Airbnb was established in 2008 in San Francisco, California, by its founders Joe Gebbia, Brian Chesky and Nathan Blecharczyk, who were not able to find any free rooms in a hotel while attending a conference. As a consequence of that, the idea to offer private rooms online emerged, where clients could book them easily via their smartphone, tablet or computer. ‘On one side the platform enables people to list their available space and earn extra income in the form of rent. On the other, Airbnb enables travelers to book unique home stays from local hosts, saving them money and giving them a chance to interact with locals. Catering to the on-demand travel industry, Airbnb is present in over 190 countries across the

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