1. How does TripAdvisor use the four basic inputs of an economic system? 2. Steve Kaufer, an entrepreneur, has said, “I watch with amazement at how some of the companies these days start up without much of a notion of how they're going to make money. But just if they get a lot of eyeballs, if they got a lot of usage, they'll figure it out. I'm the first to say that several companies have figured that out in spades, and they're wonderfully successful. Amen. I want to remind people, that is the exception to the rule.” From what you can tell, how has Kaufer made TripAdvisor a success? 3. How has the company earned the reputation as the most recognized, used, and trusted travel website? What are the admirable traits of TripAdvisor? (You may want to go to the TripAdvisor.com website to learn more about the company.) 4. This chapter discusses that at the heart of every business endeavor is an exchange between buyer and seller. How does this relate to TripAdvisor's business?
1. How does TripAdvisor use the four basic inputs of an economic system?
2. Steve Kaufer, an entrepreneur, has said, “I watch with amazement at how some of the companies these days start up without much of a notion of how they're going to make money. But just if they get a lot of eyeballs, if they got a lot of usage, they'll figure it out. I'm the first to say that several companies have figured that out in spades, and they're wonderfully successful. Amen. I want to remind people, that is the exception to the rule.” From what you can tell, how has Kaufer made TripAdvisor a success?
3. How has the company earned the reputation as the most recognized, used, and trusted travel website? What are the admirable traits of TripAdvisor? (You may want to go to the TripAdvisor.com website to learn more about the company.)
4. This chapter discusses that at the heart of every business endeavor is an exchange between buyer and seller. How does this relate to TripAdvisor's business?
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