The Essay you will create this week requires you to thoroughly research the company Blockbuster Video incredible articles and reports from the Internet and other professional journal periodicals (i.e. Forbes, Newsweek, Wall Street Journal, etc.) Also, review Blockbuster’s most recent Form 10-K from the SEC which is available at Blockbuster – Form 10-K
Once you have completely researched the company and made notes of what you have found, answer the following questions and/or statements in detail, and provide citations to back up what you found. This is not an opinion essay, this is a research and reporting effort, support your findings throughout the essay with knowledgeable, expert resources:
How did the leader in video rentals self destruct at the end of the 20th century and end up in bankruptcy court?
Identify the top five (5) missteps Blockbuster made that doomed them to fail as a retailer. Be sure to consider changes in technology, competition, consumer preferences, etc.
If you had been the CEO of Blockbuster in the 1990s, what steps would you have taken to ensure the company’s continuing viability as a retailer of media?
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