The Outlook for Co-Working Space

The Outlook for Co-Working Space

Assessment

Interactive Video

Business, Life Skills

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the growth and challenges of a business in the coworking space since 1994. It highlights the importance of aligning expansion with client demand and contrasts the company's steady growth with the rapid, often unprofitable expansion of competitors like WeWork. The discussion covers market competition, investment trends, and the impact of coworking companies on the business. The company has doubled in size and tripled profitability in recent years, focusing on a premium service model. Future plans include potential private investment but not an immediate IPO.

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7 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges do coworking startups face in securing market share?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How has the executive center managed to maintain a premium position in the market?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways do coworking companies differ in their approach to revenue generation?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of profitability in the coworking business model?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What impact has the investment in coworking spaces had on global awareness of flexible office solutions?

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6.

OPEN ENDED QUESTION

3 mins • 1 pt

How has the perception of flexible office space changed among multinationals over the past five years?

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7.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors contribute to the growth rate of the executive center's business?

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