Saturday, May 11, 2019

Read the case and assignment, and answer the question. don't find any Assignment

Read the case and , and answer the question. dont decide any resource from Internet or other book - Assignment ExampleThe force is sole(prenominal) significant when certain suppliers within the manufacture can differentiate their products to improve the quality of the industrys products. However, the supplier bargaining power can influence the industry since not altogether suppliers possess all the photographic films available in the movie rental industry.Potential new entrants pose a strong warring force within the movie rental industry. The dynamic nature of marketplaces makes it easy for emerging firms to penetrate the market to fill any identified gaps within the industry. Existing firms do not have any lead over the changing markets. New entrants increase the militant forces within the industry.Similar firms in the industry contest on the basis of business rivalry among themselves. The strength to attract customers among multiple sellers in the industry is the strongest competitive force. Customers are satisfied by the product that satisfy their needs, and maximizes their utility. Movie libraries compete to attract customers with the aim of maximise revenue. The firm with the largest customer base becomes the most preferred firm among the existing and prospective customers.There are numerous changes about where and how movie rentals can be sourced. Movie rentals can be obtained from cable, fiber-optic, and satellite tv providers. Consumers can connect their television sets to the internet to stream movies from online providers. Consumers are at liberty to obtain movie DVDs byThe internet has proven to be limitless within the movie rental industry. Advancements in applied science have forced Netflix, Hulu Plus, and Amazon Prime Instant Video to resolve to online streaming as contradictory to the traditional pay-per-view rentals. The gradual transition from pay-per-view and Video on Demand (VOD) rentals to unlimited internet streaming is a driv ing force in the movie rental industry.The dynamic nature of the movie rental industry

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