ANGI Homeservices CEO on Hurricanes, U.S. Housing Market

ANGI Homeservices CEO on Hurricanes, U.S. Housing Market

Assessment

Interactive Video

Business, Biology

University

Hard

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FREE Resource

The video discusses Angi Homeservices, focusing on its market presence, response to hurricanes, and post-storm service trends. It addresses logistical challenges in connecting homeowners with service providers and explores the impact of housing market trends on business strategy. The video also examines competition with tech giants like Amazon and explains the gig economy model and pricing structure used by Angi Homeservices.

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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary focus of Angi Homeservices in the Carolinas?

Reducing service costs for homeowners

Developing new home improvement products

Monitoring and responding to hurricanes

Expanding their network of service professionals

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does Angi Homeservices handle pricing for connecting homeowners with service providers?

They have a bidding process for service providers

They charge homeowners a subscription fee

They offer a flat pricing model

They use surge pricing during high demand

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In what way does Angi Homeservices benefit from the housing market?

Only when people sell their homes

Only when people renovate their homes

Neither, they are unaffected by the housing market

Both when homes are sold and renovated

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a significant challenge for tech companies like Amazon in entering Angi Homeservices' market?

Difficulty in managing supply and demand

Lack of brand recognition

Limited customer base

High operational costs

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does Angi Homeservices plan to expand its market share?

By acquiring more tech companies

By bringing more offline services online

By increasing offline services

By reducing service provider fees

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the role of service providers in Angi Homeservices' business model?

They bid for jobs in a competitive market

They pay a fixed fee for each job

They set their own budget for work

They receive a salary from Angi Homeservices

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main advantage Angi Homeservices has over large tech companies?

Exclusive partnerships with service providers

Ability to scale and connect homeowners with service providers

Established brand loyalty

Lower operational costs