Netflix Business Model Quiz

What are the three subscription plans offered by Netflix?

• Economy, Business, and First Class

• Silver, Gold, and Platinum

• Starter, Advanced, and Pro

• Basic, Standard, and Premium

How does Netflix enhance its members' experience?

• By reducing subscription costs

• By providing offline viewing

• By expanding streaming content

• By offering free trials

What is a key component of Netflix's technological model?

• Offline streaming

• Content recommendation

• Live broadcasting

• User-generated content

Which strategy has Netflix used to expand its distribution?

• Deal-making and branding

• Partnerships with cinemas

• Acquiring TV networks

• Launching a cable channel

What is the significance of Netflix Originals?

• They are a strategic asset for Netflix

• They are cheaper to produce

• They are available on all platforms

• They are only available in the US

What marks Netflix's transition from a tech platform to a media company?

• Introduction of live sports streaming

• Focus on content production

• Shift from DVD rentals to streaming

• Increased investment in licensed content

What is a challenge of Netflix's content production strategy?

• High short-term costs

• Dependence on external studios

• Lack of control over distribution

• Limited content variety

How has Netflix impacted the media industry?

• By setting a new standard for media platforms

• By offering free content

• By reducing the number of TV channels

• By eliminating movie theaters

What is a key takeaway about Netflix's business model?

• It is based on one-time purchases

• It requires continuous investment

• It is only successful in the US

• It relies solely on advertising revenue

What industry trend did Netflix help popularize?

• Weekly episode releases

• Binge-watching

• Pay-per-view content

• Live news streaming