Netflix Uses the Internet to Allow Its Customers to View

question 7

Multiple Choice

Netflix uses the internet to allow its customers to view movies and exclusive television shows. It jumped into an industry where there were no firm leaders but lots of competitors and established a loyal clientele by seizing the opportunity to provide a service that was simple to use and effective at delivering high-quality products to Customers. The internet-delivery mechanism is an example of a(n) ________for
Netflix:

• A)benchmarking-focus.
• B)viable mission.
• C)competitive advantage.
• D)tactical innovation.

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Definitions:

Economic Downturns

Periods of reduced economic activity characterized by declines in GDP, employment, and trade, often leading to increased unemployment and financial hardship.

Foreign Direct Investment

Capital allocated by a firm or person from one country into commercial interests within a different country, achieved by creating business entities or buying business resources.

Developing Countries

Nations with a lower living standard, underdeveloped industrial base, and low Human Development Index relative to other countries.

Environment Degrade

The process by which the natural environment deteriorates due to human activity or natural events, leading to negative impacts on ecosystems and human health.