Managing strategy Essay Example | Topics and Well Written Essays - 3000 words

Managing strategy - rise ExampleThe second part of the report focuses on internal synopsis of Netflix with VRIN framework adopted for conducting an analysis of company resources and capabilities. Based on the identified in the external and internal analysis, part three hold issues and challenges facing Netflix as it strives to remain competitive in the industry. Part four of the report analyses strategic woofs that give facilitate continued growth and development of Netflix with the ANSOFF Matrix being the analytical tool for identifying the options. Part atomic number 23 of the report evaluates the identified strategic growth options while part six focuses on the selected growth option before lastly making a brief conclusion and recommendation.Netflix operates in video renting and drift industry with the company offering channels foe distribution of DVD rental by transmit order, internet streaming of content through home devices such as PCs and internet TV. The company uses subscription-based function to customers who pay a monthly fee for both DVD rental and streaming services. The company had ab initio linked the two services, but has separated them in recent years meaning subscribers will no longer have access to both unlimited DVDs and unlimited online streaming in one subscription intention (Thompson, 2013).There are a number of political, economic, social, technological, legal and environmental factors with considerable impact on the trading operations of Netflix. Political and legal factors in the external market relates to laws and regulations regarding access and distribution of content by Netflix and and separate vendors in existing in the industry. There is an increased concern about piracy with companies seeking to parent their control regarding copyrights, patents, licensing and trademarks. While it is difficult for authorities to eradicate, piracy has a negative impact on revenues hive away by vendors as it makes content