Question
Please use the below to articles to answer the four question in a one page discussion. Remember to cite resources and relate to Porter's five
Please use the below to articles to answer the four question in a one page discussion. Remember to cite resources and relate to Porter's five forces.
- How Netflix Expanded to 190 Countries in 7 Years(Links to an external site.) Article 2:How Netflix used partnerships and alliances to internationalize and then internalize the global streaming industry
Q1. In what ways does Netflix make efforts to adapt to local conditions and preferences? Explain.
Q2. Do you think Netflix also tries to take advantage of economies of scale through standardization? Explain.
Q3. Based on your answers to the above questions, what strategy do you think Netflix uses to compete in the global market - international, global, multidomestic, or transnational? How does this strategy benefit Netflix?
Q4. What entry modes has Netflix used to expand into different foreign markets? Do you think its choices of entry modes were reasonable for the corresponding markets? Explain with examples.
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