Netflix pioneered the online movie rental business. For eight years, Netflix experienced rapid growth. Blockbuster, the established leader in the retail rental portion of the market, eventually launched their own online rental program. All of the following increased the likelihood of a response by Blockbuster EXCEPT
A) the strategic actions initiated by Netflix threatened Blockbusters core business.
B) the growing size of Netflix increased its likelihood of initiating a first-mover attack.
C) Blockbuster's dependence on the rental market as the primary source for its revenues.
D) Netflix's reputation as the market leader in the online market.
Correct Answer:
Verified
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