Shakespeare
“FORMATIVE ASSESSMENT 1 [100 Marks] Read the extract below and answer ALL the questions that follow The internet didn’t kill Blockbuster, the company did it to itself. The video-rental company Blockbuster was at its peak in 2004. They survived the change from VHS to DVD but failed to innovate into a market that allowed for delivery (much less streaming). While Netflix was shipping out DVD’s to their consumer’s homes, Blockbuster figured their physical stores were enough to please their customers. Because they had been the leader of the movie rental market for years, management didn’t see why they should change their strategy. Back in 2000, the founder of Netflix Reed Hastings proposed a partnership to the former CEO of Blockbuster John Antioco. Netflix wanted Blockbuster to advertise their brand in the stores while Netflix would run Blockbuster online. The idea got turned down by Antioco because he thought it was ridiculous and that Netflix’s business model was “niche business”. Little did he know that Hasting’s idea would have saved Blockbuster. In 2010 Blockbuster filed for bankruptcy and Netflix is now a $28-billion-dollar company. The Forbes article aptly describes what exactly happened to Blockbuster, “The internet didn’t kill Blockbuster, the company did it to itself.” Source: (www.valuer.ai) Discuss how Blockbuster failed to innovate at the time; and how they could have restored brand equity. A brief introduction is included. A good understanding of factors that lead to companies failing to innovate, is essential(500 words) “

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“Karl Marx’s Theory of Alienation posits that individuals become estranged from themselves and others when operating under the conditions of capitalism, particularly due to its emphasis on industrial production. Marx argued that under capitalism, class distinctions and alienation are inevitable, and human beings will never achieve equality across economic, social, political, religious, or philosophical spheres. Using relevant examples, critically discuss Karl Marx’s theory of class and alienation. Your discussion should focus on Marx’s analysis of class and the four types of alienation, applying his theory within the South African context. Additionally, consider the limitations of Marx’s theory in understanding contemporary social dynamics. “

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“Discuss the following: Social-economic Environmental impacts, The impact of a photovoltaic system on the occupational and public health and safety at the Tshwaraganang children’s home, as designed in Assignment 1. The demand (power) reduction (kW, energy consumption (kwh) and cost savings in (Rands), environmental impact (greenhouse gas emission reduction) and impact on occupational and public health and safety arising from the design must be determined. Use the applicable energy tariff in each environment and Eskom emission factors for the greenhouse emission analysis. Knowledge and understanding of the impact of engineering activity on the society, economy, industrial and physical environment should be indicated. Address issues by analysis and evaluation. Use the following greenhouse emission factors to determine the emission reduction: • Carbon dioxide (CO2) 1.003 kg / kWh • Nitrous oxides (NOx) 0.004390 kg / kWh • Sulphide oxides (SOx) 0.008490 kg / kWh • Particulate matter 0.0004 kg / kWh • Water 0.00145 kilolitres / kWh The assignment report submission should also take into consideration the competency indicators for REN316D Graduate Attribute 7 (G7) as indicated in the subject study guide as guidelines. Analyze the economic impact of such an implementation using applicable methods such as: Cost-benefit analysis: This involves the determination of the total benefit and the total cost over a given period. And the resulting net benefit or loss is calculated from K_CB=∑▒〖(benefits)-∑▒〖(costs)〗〗 If KCB gives a positive value, then there is going to be a net benefit; otherwise, the project will involve a loss. The greater the positive value of KCB, the better. Simple payback period (SPB): This is the total length of time (in years) that a project must be continually operated before the initial investment can be fully recovered. It is calculated using SPB=(∑▒〖( investment costs)〗)/(∑▒〖(benefits per year)-∑▒〖( costs per year)〗〗) The SPB is in years and does account for the useful lifetime of the project. Initial rate of return: The reciprocal of the simple payback period gives the initial rate of return, as expressed by Initial Rate of Return= (∑▒〖(benefits per year)-∑▒〖(costs per year)〗〗)/(∑▒〖(investment costs)〗)×100% The initial rate of return represents the minimum rate of return on the investment. For the project/investment to be considered viable, the internal rate of return (IRR) must be greater than the initial rate of return. write a technical report for this assignment”

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