Question
One of the most famous video stores was Blockbuster.Blockbuster was a movie rental store where people can rent movies for a 24-hour period. There were
One of the most famous video stores was Blockbuster.Blockbuster was a movie rental store where people can rent movies for a 24-hour period. There were a couple of new technology that caused Blockbuster to fail in the business world and that was Streaming sites and the internet. In the hype cycle As, virtual sites were coming online Blockbuster choose not to adapt to the newest technology. Moore's law is a observation and projection of a historical trend doubles every two years (Dorrier, 2020) The effect is that as virtual and streaming videos came on line based on Moore's law that the users would double every two years. If Blockbuster evolved as internet speeds changed and redefined their business objectives, changed their design, and delivered and deployed their product through steaming vs in store operations. As time progressed, they would be able to documents their new business strategies and compare it to the other virtual companies, which in return would help them stay current and competitive in the world.
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