In order to get a full mark on this assignment, the student has to think critically and substantiate their position using theories, frameworks, (I/O, RBV, Agency-theory, SWOT, Balanced Score Card, Value Chain, Blue oceans, positioning, etc.) 1. Did Blockbuster do the same job for consumers that Netflix did? How did this evolve over time? 2. Compare Blockbuster and Netflix’s profit models? How did the differences affect each respective company’s strategies? 3. As you examine each major shift in Netflix’s strategy, what might have been an assumptions checklist that they may have used at each stage? What assumptions checklist might you use for VOD? Or Netflix’s current move into international markets? Key Here: The case is somewhat outdated, because Blockbuster is no longer a formidable competitor to Netflix anymore. Look into how Netflix is trying to gain and sustain a competitive advantage in an evolving industry, with the likes of Hulu, Amazon-Prime, etc. as their main competitors in an era where streaming VOD has become the norm for most.
