Scenario 2.1
Blockbuster Canada was the first of its kind in Canada in the movie and games rental business and operated for more than 21 years. However, with the advent of more modern technology accessible mainly through Netflix and Rogers On Demand, Blockbuster struggled to stay relevant in a tech-savvy environment where videos and games could now be rented conveniently from the comfort of one's couch via computer or TV. Despite efforts to try to stay relevant, Blockbuster did not leverage technology that had become an important part of their consumer base's daily lives. As a result, Blockbuster was not able to fight off the competition.
-Refer to Scenario 2.1. For years, Blockbuster survived as a successful entity with various competitors until Netflix and Rogers On Demand began making movies and games available online. Which of the following most likely contributed to Blockbuster going out of business?
A) economic, global, political, and environmental factors
B) technological, psychological, and physical factors
C) technological changes, social concerns, and demographic and labour market trends
D) the lack of knowledge workers
Correct Answer:
Verified
Q51: Scenario 2.1
Blockbuster Canada was the first of
Q52: Strategic human resource management combines human resource
Q53: Which term refers to an enthusiastically adopted
Q54: The mission statement of an organization is
Q55: Increased emphasis on HR issues becomes especially
Q57: Scenario 2.2
Avie Products Inc. is planning to
Q58: Forecasting labour supply is an aspect of
Q59: Scenario 2.2
Avie Products Inc. is planning to
Q60: Human resources planning (HRP) is the conducting
Q61: Utilizing a balanced scorecard is an aspect
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents