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SUNY Old Westbury Netflix Company Costs of Production Analysis

SUNY Old Westbury Netflix Company Costs of Production Analysis

Question Description

My chosen firm for this assignment is NETFLIX !

Prompt: Submit a draft of the Costs of Production (Section IV), Overall Market (Section V), and Recommendation (Section VI) of your research paper, including all critical elements listed below. You will review your firm’s financial reports and other relevant data sources to collect and analyze cost information for your firm over the past five or so years. Using real data and the economic tools developed in Module Four, you will analyze your firm’s profitability and how costs impact its growth. Additionally, you will find data on your firm’s competitors in order to detail your firm’s place within the market currently and over the past five or so years. Lastly, you will develop a recommendation for how the firm can manage its future production.

Assignment:

IV. Examine the costs of production for your firm.

  1. a) Analyze the various costs a firm faces, their trends over time, and how they have impacted your firm’s profitability (Netflix).
  2. b) Apply the concepts of variable and fixed costs to your firm (Netflix) for informing its output decisions. For instance, analyze how different kinds of costs(labor, research and development, raw materials) affect the firm’s level of output (Netflix).
  1. Explore
    1. a) Discuss the market share of the firm (Netflix) and its top competitors by providing details on current percentages for each firm and describing the trend over time. You might consider presenting the data graphically.
    2. b) Analyze the barriers to entry in this market to illustrate the potential for new competition and its impact on your firm’s (Netflix) future in the market.
    3. c) Describe the market structure for this firm (Netflix) and analyze how this affects the firm’s ability to influence the market.
  2. Recommendation
    1. a) Develop a recommendation for how the firm (Netflix) can manage its future production by synthesizing the data presented.
    2. b) Suggest how the firm’s (Netflix) position within the market and among its competitors will allow it to take your recommended action.
    3. c) Describe how the firm (Netflix) can sustain its success going forward by evaluating the findings from demand trends and price elasticity.


    My essay is attached to this post. This assignment is a continuation of what is already completed !!!!
    Rubric:

    Critical Elements Proficient (100%) Needs Improvement (75%) Not Evident (0%) Value
    Costs of Production: Profitability Analyzes the various costs a firm faces, their trends over time, and how they have impacted the firm’sprofitability Analyzes the various costs a firm faces, and their trends over time, but does not discuss how they haveimpacted the firm’s profitability Does not analyze the various costs a firm faces, their trends over time, or how they have impacted the firm’sprofitability 12
    Costs of Production: Output Decisions Accurately applies the concepts of variable and fixed costs to the firm for informing its output decisions page2image1065138240Applies the concepts of variable and fixed costs to the firm for informing its output decisions, but applies concepts inaccuratelypage2image1065148992 Does not apply the concepts of variable and fixed costs to the firm for informing its output decisions 12
    Overall Market: Market Share Discusses the market share of the firm and its top competitors by providing details on current percentages for each firm and describing the trend over time Discusses the market share of the firm and its top competitors, but does not provide details on current percentages for each firm or does not describe the trend over timepage2image1061455680 Does not discuss the market share of the firm and its top competitors 12
    Overall Market: Barriers to Entry Analyzes the barriers to entry in this market to illustrate the potential for new competition and its impact on the firm’s future in the market Analyzes the barriers to entry in this market, but does not illustrate the potential for new competition or its impact on the firm’s future in themarket Does not analyze the barriers to entry in this market 12
    Overall Market: Market Structure Describes the market structure for this firm and accurately analyzes how this affects the firm’s ability toinfluence the market Describes the market structure for this firm, but does not analyze howthis affects the firm’s ability toinfluence the market or analysis is inaccuratepage2image1063057728 Does not describe the market structure for this firm 12
    Recommendation: Future Production Effectively develops a recommendation for how the firm can manage its future production by synthesizing the data presented Develops a recommendation for how the firm can manage its future production, but recommendation is not effective or is not based on a synthesis of the data presented Does not develop a recommendation 12
    Recommendation: Recommended Action Suggests how the firm’s positionwithin the market and among its competitors will allow it to take the recommended action Suggests how the firm’s positionwithin the market and among its competitors will allow it to take the recommended action, but suggestions are not appropriate Does not suggest how the firm’sposition within the market and among its competitors will allow it to take the recommended action 12
    Recommendation: Sustain its Success Describes how the firm can sustain its success going forward by evaluating the findings from demand trends and price elasticity Describes how the firm can sustain its success going forward, but does not evaluate the findings from demand trends and price elasticity in the discussion Does not describe how the firm can sustain its success going forward 12
    Articulation of Response Submission has no major errors related to citations, grammar, spelling, syntax, or organization Submission has major errors related to citations, grammar, spelling, syntax, or organization that negatively impact readability and articulation of main ideas Submission has critical errors related to citations, grammar, spelling, syntax, or organization that prevent understanding of ideas 4
    Earned Total 100%

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Regards,

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