166k views
4 votes
How can Airbnb develop a business strategy to comply with local, state, and international regulatory requirements?

Options:
a) Implementing advanced AI algorithms
b) Partnering with local government officials
c) Conducting regular internal audits
d) Outsourcing regulatory compliance services

User Moiz Raja
by
7.7k points

1 Answer

4 votes

Final answer:

Airbnb can develop a business strategy for compliance by partnering with local government officials, conducting internal audits, and outsourcing regulatory compliance services.

Step-by-step explanation:

Airbnb can develop a business strategy to comply with local, state, and international regulatory requirements by implementing several key measures.

First, they can partner with local government officials to gain a better understanding of the specific regulations in each location and build relationships to facilitate compliance.

Second, Airbnb should regularly conduct internal audits to ensure that their operations align with the regulatory requirements.

Finally, they can consider outsourcing regulatory compliance services to experts who specialize in navigating complex regulatory landscapes.

User Sibster
by
7.8k points