------------------------------------------------- Associate Level Material Appendix D Contingency Theory of Leadership Description of work environment | The work environment that I wish to discuss is retail sales, specifically that of Blockbuster Video stores. These stores thrive on repetitive customer sales, and operate on a theory that a happy customer is one who will always return. Their major rivals in the movie rental industry are Red Box and online streaming sites such as Netflix
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outstanding company to stay to watch the customer’s preference. During the company's rebranding strategy, there was much confusion with the customers. Some of the customers felt betrayed by Netflix and switched to other services such as, Hulu and Blockbuster. This being said, most of their customers stayed and went along with it. Though they lost some customers during this time, it was just a short-term situation. People being frustrated with their cable and satellite companies have begun to cut their
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technology changes have impacted the corporation you researched. Blockbuster has evolved throughout the 25 years that the company has been in business. Blockbuster initially provided home videos and video games rentals and throughout the years added DVD rentals, DVD by mail, streaming, video on demand and Cinema Theater. The company merged with Viacom in 1993, but was unsuccessful so Viacom bought Blockbuster for $8.4 billion dollars. Blockbuster also moved business across the globe into the United Kingdom
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accept the alternative of hiring someone to manage the business and find a job for yourself preferably in corporate. Video Concepts, Inc Summary Situation Analysis Video concepts is facing stiff competition from Blockbuster ahich has certain adavatages like Problem: Should Chad continue with the current business and if yes should he continue being the manager or hire someone else and find himself some other job Options • Raising price of overnight rental to
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can manage stronger brand image and better allocate its funds. 3. Who are Netflix’s major competitors today? What strengths does Netflix have compared to their major competitors? Netflix’s major competitors are Blockbuster, Walmart, Amazon, Redbox and Verizon, Apple. Blockbuster acquired Netflix clone, FlimCaddy.com and became the major competitor in rental subscription programs from
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2007, Blockbuster had made it abundantly clear, whether via actions or words, about their perceived vision of the future of the video rental industry. In 2002 they claimed that there was no “financially viable long-term” online rental business. They also claimed there was “not enough demand” for a mail order business model as well. Finally in 2004, they started to take things seriously with the introduction of Blockbuster Online. That was essentially the beginning of the end for Blockbuster, with
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Background Who is the king of the movie rental industry? Is it Blockbuster, Redbox or Netflix? Blockbuster was the king of VHS rental with their brick and mortar stores for more than 20 years. Netflix was the first to market with the idea of shipping DVDs directly to consumer’s homes but are now focusing their resources and attention to online streaming. Netflix is slowly getting out of the DVD and Blu-ray rental game by raising the prices of their DVDs and Blu-rays. Netflix is spending more
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Jay Galbraith is an established expert and consultant in organizational design. What is interesting is that Galbraith identifies Information Technology as having an integral role in what shapes an organization, as well its design. In equating how Blockbuster and Netflix each chose to respond to the emerging presence of the Internet, the relevant factors Galbraith associated with I.T. here are: Buyer Power – buyers are becoming more aware and demanding Variety/Solutions – buyers aware that they are
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the industry and explain the general pattern of change of the particular market model. The industry I chose to research is the movie rental industry. An industry, which at one time was dominated by Blockbuster Video, has gone through enormous change over the past five to ten years. Blockbuster Video had very little competition when brick and mortar stores were the only way to rent movies. Hollywood Video was their only national competitor; however, they did compete with many regional and local
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rent DVD movies and have them shipped to their door. You kept the DVD as long as you wanted and then returned without late fees. The idea was revolutionary and consumers loved it. At the time Netflix was in direct competition with companies like Blockbuster and Hollywood Video which also offered movie rentals for a per-unit price and charged late fees when necessary. 2. Provide a summary of the organization’s renewed strategy. Netflix created a new renewal
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