- Grade: Preliminary
- Subject: Business Studies
- Resource type: Assessment Task
- Written by: Siham Abubeker
- Year uploaded: 2020
- Page length: 7
- Subject: Business Studies
Resource Description
Detailed Business Report; Expansion of Business into Australia – Netflix – Scored 20/20
Netflix is a large, publicly traded, online company which offers a media streaming service, that allows consumers to access a wide range of movies, TV shows and documentaries for entertainment purposes. Consumers subscribe and pay a specific amount on a monthly basis to access this service.
This report is commissioned to elaborate on the nature of the business (Netflix). It will identify:
- The business’s activities: providing entertainment.
- Operation of the industry: tertiary industry.
- The chosen legal structure with reasoning: publicly traded, incorporated company: becoming its own legal structure set apart from the owners as a separate entity, to gain liability protection.
- The stage of the business lifecycle: Maturity.
It will also inspect and discuss when, why and how the business has expanded into Australia, and elaborate on the chosen external influences: competitive situation and social, and internal influences: management and business culture. This report also evaluates the challenges faced in the Australian market and the strategies for responding and overcoming them. It will then provide a final judgement on the success of the business’s expansion
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