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Thinking strategically about assessing an Industry

You plan to hold a weekly breakfast meeting with your team of strategic planners to practice assessing an industry. For the upcoming week's breakfast meeting, you told your team that they should be prepared to discuss the business environment or industry analysis of the home video rental industry.

- Identify the major players in the industry, and how they are each currently competing.
- Discuss at least 3 current issues that this industry faces; they could be favorable or unfavorable to the industry
- Describe which of the major competitors has the best chance of survival, given the issues identified; describe disadvantages to other players.

Solution Preview

You plan to hold a weekly breakfast meeting with your team of strategic planners to practice assessing an industry. For the upcoming week's breakfast meeting, you told your team that they should be prepared to discuss the business environment or industry analysis of the home video rental industry.

Identify the major players in the industry, and how they are each currently competing:
Who do you think are the major players of industry... and in what market or region? Would this question refer to physical "home video" rentals, or non-physical products, such as live streams on the Internet? In countries like the USA and Canada, some of the major players include:
* Blockbuster: www.Blockbuster.com
* Amazon.com: www.Amazon.com
* Coinstar [Redbox] kiosk rentals: www.CoinStar.com
http://www.coinstarinc.com/brands/redbox

* Netflix: www.Netflix.com

With the exception of ...

Solution Summary

The major players in the industry and how they are each currently competing are identities. The three current issues that the industry faces are determined.

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