100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached 4.2 TrustPilot
logo-home
Essay

MNG3702 ASSIGNMENT 2 SEM 2 2023

Rating
-
Sold
-
Pages
16
Grade
A+
Uploaded on
12-09-2023
Written in
2023/2024

MNG3702 ASSIGNMENT 2 SEM 2 2023











Whoops! We can’t load your doc right now. Try again or contact support.

Document information

Uploaded on
September 12, 2023
Number of pages
16
Written in
2023/2024
Type
Essay
Professor(s)
Unknown
Grade
A+

Subjects

Content preview

PASSMATE TUTORIALS


DISCLAIMER: THIS IS NOT AN OFFICIAL GUIDE FROM UNISA. THE REPORT IS NOT PREPARED NOR
APPROVED BY UNISA, RATHER REPRESENTS A POSSIBLE SOLUTION TO THE TASK CONSISTENT WITH
THEORY. THIS ASSIGNMENT IS INTENDED TO ASSIST STUDENTS IN GETTING STARTED WITH THEIR
ASSIGNMENT, AND IN NO CASE THIS DOCUMENT SHOULD BE USED FOR CHEATING. WE BELIEVE THIS
WILL BE A GOOD STARTING POINT AS IT WAS PREPARED BY OUR TEAM OF PROFESSIONAL PRIVATE
TUTORS WHO ARE EXPERTS IN THE FIELD, AND IT WAS PREPARED USING VARIOUS SOURCES. ANY
SIMILARITY WITH ANY EXISTING THEORY OR DISCUSSION BY OTHER AUTHORS IS EXCUSED. THE
AUTHORS HOWEVER DO NOT CLAIM MONOPOLY TO KNOWLEDGE HENCE MODIFICATION OF THE
ANSWERS CONTAINED IN THIS FRAMEWORK MAY NOT BE PROHIBITED AS IT CONTRIBUTES TO
EXPANSION OF KNOWLEDGE. FOR ANY FURTHER GUIDELINE ABOUT THE INFORMATION CONTAINED
HERE AND THE MODULE IN GENERAL, CONTACT PASSMATE TUTORIALS.
WE ASSIST WITH OTHER MODULES INCLUDING:
ECSs, FACs, MACs, MNGs, INTs, TRLs, HMEMS, PRMs, PROs, MNBs, DSC, QMI, MNMs, MNO, MNPs,
FIN, PUBs, MNMs, RESEARCH among others.
WE OFFER CLASSES, ASSIGNMENT GUIDELINES, EXAMINATION PREPARATION, RESEARCH AND
RESEARCH PROPOSALS, DISSERTATION EDITING etc.
OTHER THAN UNISA, WE ALSO ASSIST STUDENTS AT VARIOUS INSTITUTIONS INCLUDING MANCOSA,
REGENT, REGEYNESES, BOSTON, STADIO, OLG, UJ, UP etc
For any enquiries the following numbers can be used for calling, sms, whatsapp and telegram

CONTACT PASSMATE TUTORIALS @061 262 1185/068 053 8213/0717 513 144




PASSMATE TUTORIALS 061 262 1185/068 053 8213/0717 513 144

, PASSMATE TUTORIALS


Please note, this document contains excessively enough information, please trim it to reasonable
size roughly 7 to 14 pages, you many no use everything
also avoid the use of “you” which is featured in this document, you second person reference in place
of you, such as “the business, the company, management etc”

You are good to go!

Question 1

1.1. The first principle of strategy implementation is to translate the strategy of a
business to operational terms. One tool that can be used for this purpose is a strategic
map. Draw a strategic map for Netflix for 1998 when the company changed its pay-for-
use model into a subscription model which offered a subscription service through the
internet. In your answer, you need to make use of the elements of the Balanced
Scorecard (BSC). (8 marks, of which 1 mark will be awarded for each element of the
BSC and 1 mark for a relevant application of the elements of the Balanced Scorecard to
the case in a strategic map)

In 1998, Netflix changed its systems from pay-to-use model to subscription model that allows
customers to stream through the internet. The following is a diagram for the Netflix map:




PASSMATE TUTORIALS 061 262 1185/068 053 8213/0717 513 144

, PASSMATE TUTORIALS




Financial perspective




business Strategic Learning
and growth
perspective
direction perspective




customer
perspective



a) Financial Perspective

This is an idea of increasing organisational revenue base. By implementing a subscription
model through the internet, Netflix hoped to enhance its revenue sources. By growing
subscribers and lowering expenses for DVD rental outlets, the company hoped to achieve
financial sustainability and growth.

b) Learning and Growth Netflix sought to constantly develop its technology and innovation
capabilities in order to stay ahead of competitors and meet evolving customer needs. The
company intended to spend in R&D for its recommendation algorithm and online streaming
services, as well as to cultivate a learning and adaptation culture among its staff.

c) Customer Perspective Netflix wanted to give its users with a convenient and economical
movie rental service. By providing unlimited rentals with no late fees and a user-friendly
interface, the company hoped to boost consumer happiness and loyalty.


PASSMATE TUTORIALS 061 262 1185/068 053 8213/0717 513 144

Get to know the seller

Seller avatar
Reputation scores are based on the amount of documents a seller has sold for a fee and the reviews they have received for those documents. There are three levels: Bronze, Silver and Gold. The better the reputation, the more your can rely on the quality of the sellers work.
passmatetutorials University of South Africa (Unisa)
View profile
Follow You need to be logged in order to follow users or courses
Sold
1052
Member since
2 year
Number of followers
695
Documents
673
Last sold
1 week ago
Passmate

We connect careers and dreams!

3,7

105 reviews

5
50
4
13
3
21
2
5
1
16

Recently viewed by you

Why students choose Stuvia

Created by fellow students, verified by reviews

Quality you can trust: written by students who passed their exams and reviewed by others who've used these notes.

Didn't get what you expected? Choose another document

No worries! You can immediately select a different document that better matches what you need.

Pay how you prefer, start learning right away

No subscription, no commitments. Pay the way you're used to via credit card or EFT and download your PDF document instantly.

Student with book image

“Bought, downloaded, and aced it. It really can be that simple.”

Alisha Student

Frequently asked questions