Description: Blockbuster’s announcement that it will close its remaining 300 video stores in the U.S. is a reminder that Netflix and other streaming sites have changed consumer habits.
Source: CNNMoney.com – video report
Date: Nov 01, 2013
Link: http://money.cnn.com/video/news/2013/11/08/n-end-of-blockbuster.cnnmoney/index.html
Questions for Discussions:
- What is the common theme presented in this report that should concern all managers?
- How can managers deal with technology and the risk of obsolescence?