ECO 2023 Principles of Microeconomics

ECO 2023 Principles of Microeconomics

Fall 2010 Term Professor Ana C. CorralesHarvard Business School Case Study #2: NetflixPlease read the HBS Case Study Netflix. Prepare and submit a case brief. You must submit your assignment in person at the beginning of class on the due date to receive full-credit.

Please answer the following questions: What is the difference between the product/service provided by Blockbuster vs. Netflix? What do you believe will be the effect of VOD (video-on-demand) on Netflixs business? Will the effect be positive or negative for Netflix?

How should Hastings and his management team prepare for this development in their core business?

Discuss the role of innovation and creative destruction in the Case Study

How can Netflix earn revenues from its recommendation system?Please use economic reasoning to explain your response. Support your recommendation with evidence from the case. In addition, please give a brief update on Netflix since the publication of the case.Formatting Requests:

Please write your first and last name at the top of the first page of your document. Please limit your response to three (3) pages. Please format your paragraph(s) in single spacing to conserve paper. Please use 12 point Times New Roman font with 1 inch margins (or less) on all sides. Please do not submit a cover page.On Academic Dishonesty:

You must use your own words. Copying words from the article or the textbook without proper citation is considered plagiarism and your assignment will automatically earn a zero (0). You will not be allowed to resubmit your assignment if you commit academic dishonesty. Please review the Academic Dishonesty section of your Students Rights & Responsibilities Handbook (http://www.mdc.edu/policy/student_rights_and_responsibilities.pdf) if you have any questions as to what constitutes academic dishonesty and the potential consequences of such actions.Please return the hard copy of the HBS Case Study on the date of the in-class discussion. Failure to return the hard copy will result in an automatic grade of a D in the course (not the assignment).

Please note this assignment is worth 5% of your final grade in the course