What are movie rental industrys driving forces

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Reference no: EM1357231

Q1: The movie rental industry changing. What is changing about where and how we get our movie rentals? What are the movie rental industry's driving forces of change and how are they changing the industry. Explain and discuss what is going on here.

Q2: What do you think the movie rental industry of the future of will be like? How will it be different than today? How will this affect how companies compete and try and make profits renting movies?

Q3: What do you think will be the keys to competing successfully in this industry in the future (what will companies have to be able to do in order to compete

Q4: Looking at the movie rental industry moving forward towards the future, does Netflix need a new strategy or can they modify what they are doing? Explain. What are some things that Netflix should do differently to continue to compete successfully and earn profits in the "new" movie rental industry of today and the future?

Q5: If management agrees with your plan described in question Q4, what would be the top 3-4 action steps to implement your recommended plan and turn it into reality? Be clear on what you mean.

Reference no: EM1357231

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