Question
Netflix International Expansion Paper Requirements: 6 sources Synopsis: Netflix adopted an aggressive growth strategy to establish itself as a global force in the video streaming
Netflix International Expansion Paper Requirements: 6 sources
Synopsis: Netflix adopted an aggressive growth strategy to establish itself as a global force in the video streaming industry. To solidify its position as an industry leader, Netflix has invested heavily in the production of in-house content. In order to deal with slow growth and oversaturation in the domestic market, Netflix announced an aggressive expansion of its services into more than 190 countries, thereby giving the company coverage over nearly the entire world, except China, Syria, and North Korea.
International expansion has not come without its challenges; Netflix faced regulatory compliance issues in its targeted markets, competition with domestic competitors, and the need to satisfy local preferences. In addition, the cost of such an aggressive expansion strategy is enormous. Despite some initial setbacks, Netflix's CEO Reed Hastings has ambitious goals for the company internationally and has predicted that much of Netflix's future revenue growth will come from its international subscribers.
Question 1: Conduct a strengths, weaknesses, opportunities, and threats (SWOT) analysis for Netflix, and provide strategic suggestions based on that analysis (using the case)
Define Netflix's competitive advantage. Why is Netflix so successful?
add Resource or resources
Question 2: Select one country that Netflix has entered and develop the CAGE model.
Culture/Administration/Geography/economy
*Do it on current conditions
Question 3: How would you recommend that Netflix overcome its challenges in the international market?
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