Exam 4: Netflix in Two Acts: the Making of an E-Commerce Giant and the Uncertain Future of Atoms to Bits

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At Netflix, the majority of the DVD titles shipped are from back-catalog titles, not new releases.

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Offering a nearly limitless selection results in an interesting phenomenon where:

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User ratings act as _____ for Netflix's customers.

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Marginal costs:

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Churn rate is a term that refers to the:

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Crowdsourcing is:

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The _____business built Netflix into a sector-dominating powerhouse.

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In context to Netflix, what are the scale advantages associated with streaming?

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_____ played a starring role in developing assets such as scale, brand, and switching costs that combined to place Netflix atop its industry.

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_____ is a term that can be used to refer to the extent to which recommended titles form a part of the content users place in their queues.

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Netflix uses data to create tailored audience promotions.

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Netflix competitors in streaming are small and relatively new.

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_____ is a classification of software that monitors trends among customers and uses this data to personalize an individual customer's experience.

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Although sometimes referred to as "rental," Netflix's model is really a substitute good for conventional use-based media rental.

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How is the collaborative filtering software used by Netflix advantageous to the firm?

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Netflix's attempt to rebrand its DVD-by-mail service as Qwikster was moderately successful.

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The long tail is a phenomenon whereby firms can make money by:

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The high degree of customer satisfaction that Netflix enjoyed is tightly linked with the firm's _____ advantages.

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_____ refers to a limit, imposed by the Internet Service Provider (e.g. cable or telephone company) on the total amount of traffic that a given subscriber can consume (usually per each billing period).

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Priceline.com is a company and a commercial website that helps users obtain discount rates for travel-related purchases such as airline tickets and hotel stays. The company facilitates the provision of travel services by its suppliers to its customers. People can directly access a complete array of schedules and fares. This process has, to a great extent, eliminated the travel agency as a middle man. This is an example of:

(Multiple Choice)
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