Renting Essays

An Organizational Failure_ Blockbuster

1. Describe and discuss how the organization’s culture facilitated the failure. Philips (2011) believes that success or failure of any great company depends on “Events, internal and external” (p. 3). Blockbuster also appears to be a victim of certain events at internal as well as external level. Based in McKinney, Texas, Blockbuster and founded in 1985 (Blockbuster Corporate, 2012) and it ushered in a new era as far as video rental retail industry was concerned. The company gave birth to…

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Current Events in Business Research

INTRODUCTION There are six basic stages to the research process. Stage 1 is clarifying the research question. This would be the process in identifying the problem that is prompting the research. Stage 2 is proposing research, which would be the act of identifying the resources necessary to do the research. The third stage is designing the research project, or deciding which method to use to gather the information. Stage 4 involves data collection and preparation, which is gathering the data…

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Broadway Entertainment Co., Inc. Case Question Solutions

1. Review the data flow diagrams you developed for questions in the BEC case at the end of Chapter 5 (or diagrams given to you by your instructor.) Study the data flows and data stores on these diagrams and decide if you agree with the team’s conclusion that there are only the six entity types listed in this case and in BEC Figure 6-1. If you disagree, define additional entity types, explain why they are necessary, and modify BEC Figure…

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Princess Regional Trucking Company

Princess Regional Trucking Company has been approached by a client with an opportunity that would require 120 trailers which is about 20 more than we currently own. We are not sure how long the relationship with this customer will last but this deal has the potential for considerable growth. I have a great deal of information for you regarding lease options that Princess Regional Trucking Company may want to consider before going forward with this deal. The first type of…

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Building Loyalty in Video Rental

The video rental market is essentially flat, with few seasonal peaks apart from the Easter holidays. Demand-drivers tend to cancel each other out – with good weather in the summer (bad for video) being compensated for by the presence of children on school holidays (good). It is also volatile – consumers are likely to dip in and out of the market, with little indication as to why. This all makes it difficult for video rental companies to predict and manage…

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Proposal_ Music of Morocco and Party People

This sample proposal was created using Proposal Pack Events #2. In the retail Proposal Pack you get the entire collection of sample proposals (including this one) plus over a thousand editable templates for creating an unlimited variety of custom proposals. Purchase Proposal Pack Events #2 to get this sample’s design theme. The sample below DOES NOT include all of the content. The complete version is included in every Proposal Pack product and must be purchased to see the rest of…

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Ricardo’s Theory of Rent

     The term “rent” comes from the Latin word “rendita’, which means “returned”. Rent as an income of one of the factors of land attracted attention since old times. Further, in the economic theory the concept of economic rent as a part of income of any factor appeared and developed. One of the theorists that formed and developed the concept of rent was David Ricardo, who is considered to be one of the fathers of the theory of rent. However,…

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Rent a Ride

Description of Business. The business which I have chosen to open is a car rental by the name “Rent-a-Ride “. This is a sole trader type business which focuses on providing quality cars at a very affordable rate. My target market will be people within the community. My business will employ three full time employees to rent and maintain the cars and operate the business as otherwise needed. Articles of incorporation were attained as to allow the vehicles used to…

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What Would you Do_

As the president of the board of directors of the cat shelter, I am faced with rather or not Ms. Della should remain as part of the staff at the cat shelter. There are several problems that have been brought to my attention and I feel that now is the time to figure out exactly what should be done regarding the matter. After, evaluating the situation and giving it a great deal of consideration, I have come up several solutions…

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Business Law

In this question, after the completion of the MRT train station, the owner of a building is attempting to raise the promised discounted rental fees back to the normal rate, as well as recover the accumulated discounted amount for the 3 years which he had promised Roy and other tenants, in order to deter them from moving out. So in essence, I will be discussing whether or not the owner is allowed to raise the rent back to the original…

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Blockbuster Competitors

Blockbuster has went bankrupt in US people in the industry keep saying that DVD-rental company just lost a competition to NetFlix. Who came into market with better business model of flat-fee unlimited rentals without due dates, late fees, shipping or handling fees, or per title rental fees. Netflix is still on top of DVD-rental business in US and in October 2011 it announced it was announced that Netflix would be launching in the UK and Ireland in early 2012. Netflix…

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My Apartment

When I was younger, I fantasized about how wonderful life would be when I moved into my own apartment. Now I’m a bit older and wiser, and my dreams have turned into nightmares. My apartment has given me nothing but headaches. From the day, I signed the lease; I’ve had to deal with an uncooperative landlord, an incompetent janitor, and inconsiderate neighbors. First of all, my landlord has been uncooperative since the first day I came to that apartment. As…

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Industry Analysis

The DVD, game, and video rental industry consists of companies that provide both mail-distributed and in-store or kiosk rentals. This does not include on-demand or online streaming rentals. 2011 industry revenue is projected to be $6.6 billion, with a profit of $243.5 million. This represents a 12.4% decline from 2010. The industry has been declining, and is projected to continue to do so, as a result of the increasing popularity of substitutes to hard copy DVD rental. Video on demand…

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A Comparison of Leasing and Buying

1. Introduction: In today’s world, customers often face a dilemma about whether to buy or lease. Lease is an agreement in which one party gains a long term rental agreement, and the other party receives a form of secured long term debt. On the other hand, buying involves transfer of ownership from seller to buyer. Buying or leasing decision depends mostly on customer’s preference. There are many factors to consider before taking a buying or leasing decision. 2. Factors Influencing…

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Netflix Vs Blockbuster

4. Do you think Blockbuster will succeed in the future? Explain your answer. I do not feel that Blockbuster will succeed in the future if they continue following their new business model. First, they lost so much money with their “No More Late Fees” campaign, and if they continue this, they cannot succeed because of all the lost revenue. Also, with the Netflix lawsuit, they will lose not only money for lawyer’s fees and such, but also their patent rights…

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