Mizzou Management 3300 Pelikan Exam Questions With Correct Answers
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Mizzou Management 3300
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Mizzou Management 3300
Mizzou Management 3300 Pelikan Exam
Questions With Correct Answers
By going public, Netflix encountered competition from the large, established firms Wal-Mart
and Blockbuster. What aspect of Netflix going public lured these firms into the market? -
answerBy going public, Netflix was required to...
Mizzou Management 3300 Pelikan Exam
Questions With Correct Answers
By going public, Netflix encountered competition from the large, established firms Wal-Mart
and Blockbuster. What aspect of Netflix going public lured these firms into the market? -
answer✔✔By going public, Netflix was required to disclose its financial position.
Collaborative filtering is a technology that allows customers to meet and select titles for viewing
parties. - answer✔✔False
Today Netflix is so focused on _____________ that it offers its streaming-only subscription as
the default option for consumers. - answer✔✔digital distribution
How is scale important to Netflix streaming business? - answer✔✔A larger firm with more
customers can spend more on content licenses
The practice of windowing involves: - answer✔✔making content available to a distribution
channel for a specified time period under a different revenue model.
Why is the "First Sale Doctrine," including understanding when it does and doesn't apply,
relevant to Netflix? - answer✔✔It means content acquisition costs for DVDs are more
predictable than streaming costs.
&
In cases of streaming media, it facilitates a shift of bargaining power to content suppliers.
While the size of the tail in the long tail phenomenon is disputable, one fact that is critical to
remain above this debate is that: - answer✔✔selection attracts customers, and the Internet allows
large-selection inventory efficiencies that offline firms can't match.
Which of the following is true of Netflix streaming? - answer✔✔Content providers enjoy greater
bargaining power as the sole source for unique titles unavailable from any other source.
Netflix competitors in streaming are small and mostly unprofitable. - answer✔✔False
A manager's decision making is often shaped by its perception of the competition. Which of the
following does Netflix see as being in competition with the firm? - answer✔✔video games
, EXAM STUDY MATERIALS 8/7/2024 11:29 AM
magazines
DVD's
Amazon Prime
Zara's implements limited production runs to - answer✔✔reduce the risk of making a mistake
with a collection.
offer exclusivity.
increase customer visits.
All of these are true
encourage full price
purchases.
High-end fashion house Prada's experiment of implementing the latest technology in its flagship
store failed because: - answer✔✔The execution of the technological advancements was poor and
didn't work well during customer interactions, so managers and staff stopped using it.
Which of the following is not a benefit achieved through Zara's integration of technology
throughout the firm? - answer✔✔higher markdowns
Zara's IT expenditure, measured by IT workers as a percentage of total employees, is only
slightly higher than the industry average. - answer✔✔False
Factors such as weather, natural disaster, terrorism, labor strife, or political unrest can shut down
a firm's operations. Which of the following is one of the measures taken by firms to hedge such
risks? - answer✔✔Spreading productions facilities across the globe
How does Zara differ from its competitors in converting ideas into products? - answer✔✔Zara
concepts appear in stores in fifteen days on average compared to rivals who receive new styles
once or twice a season.
Zara's vertically integrated model is easier for rivals to copy compared to Dell's, as computing is
more complex than clothing in terms of number of new models offered. - answer✔✔False
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