Using the Netflix article, choose 1 of Porters 5 Forces and describe your understanding of how this force was impacting the company. Is the force
Using the Netflix article, choose 1 of Porter’s 5 Forces and describe your understanding of how this force was impacting the company. Is the force weak or strong? What future events do you foresee that could change the strength of that force? As a Senior Manager at Netflix, how can this understanding benefit your company?
Things to consider: ?Competitors, although they do not provide the exact same product or service, include; Hollywood Video and Blockbuster. ?Suppliers include; the Hollywood movie studios and the US postal system. ?Substitutes for the Netflix mail-delivery system include; traditional movie theaters, watching television at home, and buying a copy of the movie. ?Substitutes for watching a Netflix movie at home include; going to see a live play or musical, going to a concert, playing board games, and any other suitable form of entertainment.
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Netflix just like any other company out there faces competition and thus the need for it to remain c... View full answer
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Understanding Management
Authors: Richard L Daft, Dorothy Marcic
6th Edition
9780324581782, 324581785, 978-0324568387
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