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They focus primarily on renting out movies and games to people who like both.
Michael Porter’s Competitive Forces Model is probably one of the most often used business strategy tools and has proven its usefulness on numerous occasions. The five forces consist of traditional competitors, new entrants, customers, suppliers, and substitute products and services (Laudon & Laudon, 2007 p. 96-97). When you look at Blockbuster's industry it has many different aspects to it when considering the dimensions of its industry. First of the Five forces is Buyer Power which is high when buyers have many choices...
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Common topics in this essay:
- Blockbuster
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- Netflix Challenges Blockbuster over Online Rentals
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