Reprint from PrepLounge https://www.preplounge.com/en/management-consulting-cases/interviewer-led-mckinsey-style/beginner/viso-68 Problem Definition Your client is a big bank that issues credit cards with a €100 annual fee. Recently, a supermarket entered the credit card business. The supermarket’s credit cards do NOT have an annual fee. Your client wants to know how they should react to this new competitor.

Introduction: Airbnb is an online marketplace for arranging or offering lodging, primarily homestays or tourism experiences. It acts as a broker, receiving commissions from each booking. In the past several years, Airbnb has become the most prevalent accommodation method in traveling. However, for tourists who are heading for an unfamiliar destination…