Netflix Case MIT Quiz

What is the subtopic of the Netflix case at MIT?

• The subtopic of the Netflix case at MIT is the business strategy and innovation of Netflix.

• The subtopic of the Netflix case at MIT is the history of Netflix.

• The subtopic of the Netflix case at MIT is the impact of Netflix on the entertainment industry.

• The subtopic of the Netflix case at MIT is the technology used by Netflix for streaming.

In what year was Netflix founded, and by whom?

• 1997 by Reed Hastings and Marc Randolph

  
  

• 1. 1997 by Jeff Bezos

• 1. 2005 by Mark Zuckerberg

• 2000 by Marc Randolph

What are some of the challenges faced by Netflix in the Indian market?

• Language barriers with Indian consumers

• Lack of interest in streaming services in India

• Some of the challenges faced by Netflix in the Indian market include competition from local streaming platforms, content censorship regulations, and pricing strategies to cater to the diverse Indian market.

• Lack of internet infrastructure in India

How has Netflix adapted its content to cater to the Indian audience?

• Netflix has only focused on Western content and ignored Indian audience

• Netflix has not made any changes to cater to the Indian audience

• Netflix has adapted its content for the Indian audience by producing original Indian series and movies, offering a wide range of regional language content, and incorporating culturally relevant themes and stories.

• Netflix has removed all Indian content from its platform

What are some of the key strategies employed by Netflix to succeed in the Indian market?

• Raising subscription prices to match competitors

• Refusing to produce any original Indian content

• Launching a campaign to promote Hollywood movies

• Some of the key strategies employed by Netflix in the Indian market include producing original Indian content, offering affordable subscription plans, and partnering with local telecom companies for bundled services.

What is the Netflix Culture Deck? (2 correct answers)

• A document all employees have to sign

• A Netflix exclusive show

• The company’s values and expected behaviors

• Their corporate culture

When did Netflix enter India?

• 2007

• 2010

• 2016

• 2012

Which one is not a part of the Netflix Culture Deck?

• Dream team

• Transparency

• Freedom & responsibility

• Hide confidential information

How did the idea for Netflix originate?

• Through a college project
  

• After Reed Hastings was charged a late fee for returning a rental movie
  

• Through a brainstorming session at a technology conference
  

• Following a market research study on consumer preferences

  
  

How did Netflix disrupt the traditional video rental industry?

• By offering free rentals with no subscription
  

• By charging exorbitant late fees
  

• By introducing a subscription-based model with unlimited rentals
  

• 1. By exclusively renting out VHS tapes