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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Relate your understanding of Netflix dominance in the DVD-by-mail business to what you learned in the Strategy and Technology chapter: what three resources for competitive advantage did Netflix create in this market that rivals Blockbuster and Walmart couldn't match?

(Short Answer)
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Netflix can send out any DVD it buys because of a Supreme Court ruling known as the _____.

(Multiple Choice)
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Costs that do not vary according to production volume are called _____.

(Multiple Choice)
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The shift from atoms to bits is realigning nearly every media industry.

(True/False)
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Netflix competitors in streaming are small and mostly unprofitable.

(True/False)
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One challenge that Netflix faced was that Blockbuster and Walmart were able to quickly extend their strong brands to also become synonymous with a DVD-by-mail subscription service.

(True/False)
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The long tail is a phenomenon whereby firms can make money by:

(Multiple Choice)
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What solution has Netflix come up with to address the need to deliver content to customers' televisions?

(Multiple Choice)
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Netflix uses data to create tailored audience promotions.

(True/False)
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