Which of the Following Accurately Describes How Netflix Used Innovation

question 33

Multiple Choice

Which of the following accurately describes how Netflix used innovation to gain a competitive advantage?

• A) Netflix moved from content development to upgrading its data analytics to provide faster online streaming.
• B) Netflix applied big data analytics to its user preferences to provide highly personalized viewing recommendations.
• C) Netflix moved from online streaming to online DVD rentals via the Internet.
• D) Netflix applied first mover advantages to lock up talent needed to produce original content for DVD rentals and online streaming.

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Definitions:

Social Media

Platforms on the internet that enable users to create content, share experiences, and connect with others.

Brand Voice

The distinct personality a brand expresses in its communications, reflecting its values and identity.

Diverse Content

Material that covers a range of topics, perspectives, and backgrounds to reach a wide audience and foster inclusivity.

Writing Style

The particular way an author chooses to express themselves through writing, characterized by elements such as syntax, diction, and tone.