Subject: Fast-forwarding Blockuster Case Summary : Fast-Forwarding Blockbuster Blockbuster is the the world’s largest video rental company. The past few years have not been good ones for Blockbuster‚ because they have posted losses in 9 of the past 11 years‚ closed many stores and lost many customers to Netflix. One of the most important changes that Blockbuster did in order to remain competitive was to hire a new CEO‚ James W. Keyes who faced a similar situation as the former CEO of 7-eleven
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POM – Case Application - Fast – Forwarding Blockbuster Q1. Ans) Principles of scientific management involves the “one best way” of doing a job. The emergence of Netflix had brought down the sales of blockbuster DVD stores. The following scientific management principles could be applied to enhance the popularity and sales of block buster stores: * Arrangement and alignment of DVDs according to the taste and preference of the customers. Those DVDs to be in the front rows and easily accessible
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CASE STUDY ON FAST FORWARDING BLOCKBUSTER Q1. Quantative approach simply means operation research or management science focusing on the improvement of managerial decisions (P.Robbins (2010) Management‚11th edition). That is why Mr.Keyes is a big fan of quantative approach.He thought using scientific method for the work to be done is one of the best way.Hiring the best qualified employee‚producing higher productivity with the less usage of wasted motion etc shows an effective effect to achive
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Why Consumer Prefer the International Brands Over Local Items? A Case of Vehari Pakistan Submitted to: Mr. Rao Ashraf Submitted by: Rao Waqar Hameed M.Tehmas akram Registration No.: FA10-BBA-13 FA10-BBA-12 Subject: Business Research Methodology Program: BBA (B-1) Due Date:
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Blueprinting of Freight Forwarding Talk to executive Get personalized solution Access to new markets The only complete logistics and international trade services provider Customs clearance Global shipping & freight forwarding Warehousing & distribution Classification & duty calculation Delivery of goods The business of forwarding freight is certainly picking up‚ as complete globalization is not only a prediction of things to come but already
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JOMO KENYATTA UNIVERSITY OF AGRICULTURE AND TECHNOLOGY. NAME: ISAAC SIMIYU WEPUKHULU REG. NO: HD211-C008-0005/2013 :DAVID MUSASULA KIMUNGUYI REG. NO: HD211-C008-0283/2011RA UNIT: CLEARING AND FORWARDING SCHOOL OF HUMAN RESOURCE DEVELOPMENT. COURSE: BACHELOR OF PURCHASING AND SUPPLIES MANAGEMENT. YEAR OF STUDY:THIRD YEAR Diversity of Modes Transport modes are the means by which people and freight achieve mobility. They fall into one of three basic types‚ depending
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S U M M A R Y] Executive Summary: Freight forwarding is a service used by companies that deal in international or multi-national import and export. While the freight forwarder doesn’t actually move the freight itself‚ it acts as an intermediary between the client and various transportation services. Sending products from one international destination to another can involve a multitude of carriers‚ requirements and legalities. A freight forwarding service handles the considerable logistics of
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David Cook founded Blockbuster video in 1985‚ opening the first store in Dallas Texas and has grown to become the world’s number one video chain. In 1987 cook sold a one-third stake in the company to a group of investors. Cook was forced to turn over future control of the company‚ and eventually left the company. By 1992‚ Blockbuster had over 3‚000 stores (1‚000 franchise and 2‚000 company owned). 2003 was the most interesting year for Blockbuster. The company placed a net loss of $845.2 million
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Criticisms of Blockbuster by Seidler 1. The bulk of 1988 per share earnings were due to a) Very slow goodwill amortization b) Stretched out life for "hit" tapes c) Nonrecurring items of initial franchise fees‚ area development fees and sales to new franchises. 2. Steeper growth curve resulting from acquisitions that were treated as pooling 3. Inflation of sales in the fourth quarter. Revenues are recognized when products are shipped with no indication that the stores purchasing were actually
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BLOCKBUSTER CASE OBM-2 [pic] Jeroen Kreuning (10054987) Jatin Kohli (10077294) Summary Fast-Forwarding Blockbuster Blockbuster‚ the largest video rental company of the World has posted losses in 9 of the past 11 years. The whole business of renting DVDs is changing‚ and Blockbuster is making changes in order to remain competitive. The biggest change was hiring a new CEO‚ James W. Keyes. This CEO saved his former company of getting bankrupt‚ by implementing an approach of scanning
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