Since Its Launch,Netflix Has Changed Its "Business Model" in Order

question 194

Multiple Choice

Since its launch,Netflix has changed its "business model" in order to

• A) compete with Blockbuster retail store expansion.
• B) respond to changing consumer demand and the evolution of new technologies.
• C) expand its focus from entertainment to movie collectibles and memorabilia.
• D) avoid head-to-head with satellite television providers, which recently announced a strategic partnership with Blockbuster that offers a similar service as Netflix.
• E) begin preparations to withdraw from its traditional method of mail delivery, which takes 4-6 business days and introduce next-day delivery through FedEx.

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Definitions:

Unfunded Pension Liability

The gap between the projected benefits of a pension plan and the assets available to fund those benefits.

Pension Rights

The entitlements that employees accumulate over time that entitle them to receive benefits from a pension plan upon retirement.

Salaries Expense

The total amount recorded by a business for the wages and salaries paid to employees during a reporting period.

Partially Funded Pension Rights

Pension benefits that are partially backed by funding; not fully financed in advance.