“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) “ – Eightball.com

“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) “

Today's Most Popular

Only “shared” results get saved!

“erprise Risk Management in Developing Economies: A Case Study of the Zambian Financial Services Sector”Instructions:Write a critical essay analyzing the implementation of Enterprise Risk Management (ERM) in the Zambian financial services sector. Your essay should:Define risk and outline the principles of ERM.Discuss the internal and external risks faced by financial institutions in Zambia.Examine challenges and success factors in embedding risk culture in organizations.Propose recommendations to improve risk governanceinZambia.”

“What is the matrix?”

“”what is a psychiatrists’ assessment”

“Shall i surrender for now?”

“critically analyse the current performance management process, by describing and evaluating each stage of the process. provide justification for your analysis with relevant examples”

“maternal and neonatal disparitied in South Africa”

“.1 Give examples of the type of decisions she would make to implement her strategic decisions [8 Marks]. 1.2 What would the consequences of Marguerite’s decision to focus on work specialisation be? [8 Marks]. 1.3 Is bureaucracy still relevant in the 21st century? Elaborate your stance [9 Marks]”

“Additionally, discuss the impact of technology on competition and the sustainability of businesses within this market structure. “

“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. “