Netflix Case Study - 943 Words

Summary The movie rental industry is a living industry; there are constant changes with advances in technology, rights management, and the slow, but steady, move away from physical Media. Companies such as Netflix, Hulu, RedBox, and Blockbuster are being forced to look at new business models and try to keep up with these changes. Assignment Questions 1. How strong are the competitive forces in the movie rental marketplace? Do a ï ¬ ve-forces analysis to support your answer. Threat of New Competition: Netflix has almost zero threat of new competition. Any new competition would have to overcome large capital expenses to get started; these expenses include obtaining TV show and movie rights from the studios. Even if the starting†¦show more content†¦Streaming licenses can be revoked and/or modified at any time by the content provider. Intensity of Competitive Rivalry: The threat of rivalry is relatively low. The movie rental industry is dominated by a few firms, namely Blockbuster, and Movie Gallery (which liquidated all itself in 2010). However they are in competition with other industries such as cable and satellite companies, VOD services and sites like Hulu and Amazon. 2. What forces are driving changes in the movie rental industry? Are the combined impacts of these driving forces likely to be favorable or unfavorable in term of their effects on competitive intensity and future industry proï ¬ tability? The demand for digital content is driving changes in the rental industry. Technology is shifting from a physical medium to a digital distribution system. This is likely to be beneficial because Netflix is already rooted in the digital streaming industry and would only have to adapt to minor changes in technology. 3. What does your strategic group map of this industry look like? How attractively is Netï ¬â€šix positioned on the map? Why? Netflix is in a fairly favorable position on the strategic group map. Where Added value is measured in terms of instant movies and recommendations, and market coverage is measured in number of stores, vending machines, and online presence. 4. What key factors will determine a company’s success in the movie rental industryShow MoreRelatedCase Study : Netflix And Netflix1031 Words   |  5 Pages Case Study Netflix started in 1998 when a guy named Reed Hastings was tired of being charged late fees for keeping a rental movie. â€Å"Netflix would have no late fees; users could keep the movies as long as they wanted† (Grewal, Levy, 57). Netflix depended on on the Internet to take customers requests for rental discs because they had no brick-and-mortar stores. In 2002, Netflix had 1 million customers, in 2006, they had a 5 million customers, and in 2010, a whopping 14 million customers. CustomersRead MoreNetflix Case Study2880 Words   |  12 PagesAbstract The following is a case study of Netflix, Inc. an American-based company that provides the streaming of online media to consumers in North America, South America, and parts of Europe. This case study will provide a brief overview of the company’s history along with four present-day challenges that the company will face as it tries to stay ahead of the competition. In its discussion of the present-day challenges that Netflix, Inc. faces the discussion will also relate the proposed challengesRead MoreNetflix Case Study1171 Words   |  5 PagesImpact of horizontal and vertical conflict to Netflix Horizontal and vertical conflict has a great impact on Netflix. Less than a decade ago, if you wanted to watch a movie in the comfort of your own home, your only choice was to roust yourself out of your recliner and trot down to the local Blockbuster or other neighborhood movie-rental store. 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This creates cost disadvantages through a greater learning curve for new entrants, espe cially when competing against algorithmicRead MoreThe Netflix s Case Study3053 Words   |  13 Pages The Netflix Approach to Compensation – Case Study By: Maximillien Alepin, Yashar Eskandari, Shuhan Chen, Jake Bretton, Melissa Reed For: Professor Chen Yu-Ping MANA 443 – Compensation and Benefits Concordia University Summary – Part 1 The case study â€Å"Equity of Demand: The NETFLIX Approach to Compensation† includes information regarding the company, named Netflix. The case study provides useful information regarding the organizational culture of Netflix. The case is usually associatedRead MoreCase Study - Netflix Rollercoaster818 Words   |  4 PagesWelshymer BA 370 9/29/15 Extra Credit # 1 Case Study: The Netflix Rollercoaster 1. 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The essence of the report however, is to highlight the issues surrounding the current technological advancements in the DVD rental market now that VOD has become a feasible and realistic platform that can be supported. Netflix is faced with a multitude of options and myRead MoreNetflix Case Study5103 Words   |  21 Pagesï » ¿ Netflix in 2012: Can It Recover from Its Strategy Missteps? Executive summary: Netflix employs a subscription-based business model and subscribers can chose from a variety of subscription plans. The business model consists of two parts; the DVD-by-Mail option, and the streaming option, which launched in January 2007. Both options were bundled together until July 2011 when Reed Hastings announced the separation of the two services. Before the announcement Netflix recorded tremendous

The Lost Boy - 1478 Words

A Child Called it In his two novels A Child Called it, and The Lost Boy, the author, Dave Pelzer explains about his childhood. During that time, author was a young boy from an age 3 to an age 9. Davids mother has started to call him The Boy and it. The author mainly covers the relationship between his family. His main focus point is the bond between his mother and him. He describes his mother as a beautiful woman, who loves and cherished her kids , who changed from this The Mother, who abused him because she was alcoholic and was sick. The Mother used David to take her anger out. An abusive mother who systematically closed down any escape he may have from her clutches. Shuts out any source for food for the poor starving child.†¦show more content†¦The endless sea of faces, prodding me, teaching me to make the right choices, and helping me in my quest for success. Daves purpose of writing these books was to tell the world, how he was treated like many other kids are treated in the families. He was giving a message to other people, how child abuse had changed over many years. There are many kids in the world who are mistreated like David was. Reading his book makes you realize and makes you see through a child perpective of getting abused by this own mother. Obviously, the stories of Daves childhood are difficult to read. At times, I had to put the book down and walk away for a few days before I could continue. So why would anyone want to read this book, with its seemingly endless tales of torture and cruelty? More importantly, why should anyone read it? There are two reasons, the first being that Pelzers tale is a testament to how much the human spirit can endure and remain whole. Pelzer tells of his resolve to not be defeated. With each incident, Dave managed to find some way to placate his mother. While he couldnt make the abuse stop, he learned how to manipulate his mothers behavior enough to keep the immediate situation from getting even more ugly. Each time his mother walks away from him, you get the feeling that he would like to shout out after her, Ha! You didnt kill me this time, bitch, and you arent going to kill me next time either! It isShow MoreRelatedThe Lost Boys Of Sudan Essay1200 Words   |  5 Pagesâ€Å"The Lost Boy s of Sudan; the Long, Long, Long Road to Fargo† by Sara Corbett, The New York Times April 1, 2001. SPEAKER: Sara Corbett, a contributing New York Times writer and journalist, is the speaker and narrator of the lost boys of Sudan. She mainly writes about the struggles of people around the world and the fortitude, or courage, they uphold. 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Expectation in Perceptual Decision Making †Assignmenthelp.com

Question: Discuss about the Expectation in Perceptual Decision Making. Answer: Introduction: Values are guided by the inherent knowledge and moral obligations possessed by an individual. The personal and ethical values possessed by an individual have a profound effect on the life processes of a person. The current section of the chapter focuses upon a number of aspects which can have a profound effect on the decision making and judgemental skills of an individual. Therefore, the manner of deconstruction of the problems, phrasing of the questions, eliciting of responses can exercise huge influences upon the judgmental patterns of an individual. The response elicitation procedures may become a major instrumental tool for affecting the process of inculcation of values by an individual. As argued by Herben Goldberg (2014), the processes of decision making is very complex and have to pass through multiple layers of cognition. The values possessed by an individual along with the present circumstances can have a huge impact upon the decision or judgment making. This often results in a decisional glitch where an individual does not possess a coherent opinion. The lability in judgment could be attributed to a number of factors such as habituation and eagerness for learning possessed by an individual. The stimulus presentation is the second most important stage where homogeneity of information along with limited knowledge about alternatives could impact the decision making of an individual(Summerfield De Lange., 2014) However, I think the values are based upon the ever changing circumstances and challenges encountered by an individual. In this respect, being the captain of my university sports team I would need to emphasize upon the present situation and circumstances before taking up a particular decision which works in the favour of the different members of my sports team. Though, I have often found it difficult in arriving at a decision which would be agreed upon by most of team members. In such situations there is a constant conflict between existing values and weighing of the alternatives. The current head analyses the perception of risk possessed by an individual and the responses elicited by the evaluation of risk upon the decision making of an individual. The assessment of the risk could be directly related to Maslows theory of hierarchy, where the complex fears could be neutralized only with the evaluation of the more direct and pertinent fears. The deconstruction of risk and fear in the minds of an individual could be explained on the basis of a number of cumulative theories. The theories could be diversified into different components such as the knowledge theory, personality theory, economic theory and political theory. The knowledge theory has the most direct and pronounced effect on the decision making of an individual. As mentioned by Coghill, Seth, Matthews (2014), much of the risk perception is often influenced by paradoxes or the value sets incorporated within an individual. I had come across a number of different perspectives regrading the assessment and neutralization of fear during my university days. In this respect, much of my anxieties would stem from the pre-conceived notion where any new choices taken up me could have a profound effect on my future. I had to choose from a number of courses presented to me in my university module. My decision making was based upon a set of ideologies regrading the ample amount of benefits offered by different courses. I had been more inclined towards taking up nanotechnology as my future concern. However, I was hyper anxious attributed to the high costs involved in the nanotechnology courses. I guess I personally wanted to avoid the complexities associated with the course, much of the hypothesis was put in my mind from relevant sources. Thus, the reflexes play a pivotal role in shaping the personality attributes of an individual which further governs the choices. Decision making is affected by rationality and may vary from person to person. In this respect, the psychology of perception sets the living world as a standard against which the decision making or the rationale is done. Additionally, the psychology of thinking forms the basis for the rationale or the decision making. In this context, the biases in people can be seen as a hindrance which further challenges the realization and the affirmation of the self goals (Tsunada et al. 2016). The judgemental biases are further supported by researches and statistical evidences. I have personally faced such decision making biases owing to the overlapping facts and information made available to me. I had to produce a power point presentation based upon the current trends in marketing intelligence as a part of my university course work. However, I had very little or no time available for the data collection and presentation. This is because we had a series of exams within the seminar presentation. One of the friends copied much of the data available over the internet with little or no manipulation. Moreover, his work turned out to be well and he received a token of appreciation for that. However, I could not resort to the means of false representation of facts and data. In this respect, I was affected with the basic psychological perception in my mind regrading fair business practices. On the contrary my friend was affected with the oblivion which focussed more upon profit than ethics. I believe such conflicting situations could also be attributed to the real world. The last section of the chapter focuses upon Neutral Omnipartial Rule Making (NORM). This stems from the various factors which are taken into consideration for the presentation of a choice on a moral ground(Newell Shank, 2014). The process evaluates the underlying logic which forms the basis of our moral decision making. The NORM is based upon the philosophical and cultural attributes which forms the basis of decision making of a person. NORM also includes publicly elicited and general responses in the process of decision making. In this respect, I had to face an ethical dilemma in my practice as a trainee nurse during my nursing postgraduate program. I had to deal with patients who were receiving care services for end of life palliative care. My moral obligation was to disclose to them every trivial details their regarding their present health conditions. However, disclosing the fact about terminal illness to a patient would often mean lowering the hope and positive attitudes present in a patient which could also affect their recovery. References Coghill, D. R., Seth, S., Matthews, K. (2014). A comprehensive assessment of memory, delay aversion, timing, inhibition, decision making and variability in attention deficit hyperactivity disorder: advancing beyond the three-pathway models.Psychological medicine,44(9), 1989-2001. Herben, T., Goldberg, D. E. (2014). Community assembly by limiting similarity vs. competitive hierarchies: testing the consequences of dispersion of individual traits.Journal of Ecology,102(1), 156-166. Newell, B. R., Shanks, D. R. (2014). Unconscious influences on decision making: A critical review.Behavioral and Brain Sciences,37(1), 1-19. Riskin, L. L. (2013). Inner and Outer Conflict. Summerfield, C., De Lange, F. P. (2014). Expectation in perceptual decision making: neural and computational mechanisms.Nature reviews. Neuroscience,15(11), 745. Tsunada, J., Liu, A. S., Gold, J. I., Cohen, Y. E. (2016). Causal contribution of primate auditory cortex to auditory perceptual decision-making.Nature neuroscience,19(1), 135.