How Is the Collaborative Filtering Software Used by Netflix Advantageous

question 35

Multiple Choice

How is the collaborative filtering software used by Netflix advantageous to the firm?

• A) The superior coding technique used in the software provides Netflix with a competitive advantage over its rivals.
• B) The collaborative filtering software used by Netflix is truly platform-independent and can be reliably used by all users.
• C) The open source nature of the collaborative filtering software ensures that users can constantly incorporate changes in the code to make it more accurate.
• D) The software automates the process of sorting and queuing movie titles requested by users as they move in and out of the warehouses.
• E) The software has created an enormous data advantage, that is valuable, results yielding, and difficult for newcomers to match.

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Definitions:

Retailing-oriented Era

A period in business thought and practice focusing on the importance of retailing strategies and consumer relationships for organizational success.

B2C

Business-to-Consumer, a sales model in which products or services are sold directly from a company to the end consumer.

C2B

C2B, or Consumer-to-Business, refers to transactions where individuals offer products or services to businesses, reversing the traditional business-to-consumer model.

B2B

Business-to-Business, a model that involves transactions between businesses, such as between a manufacturer and a wholesaler, or a wholesaler and a retailer.