Case Study of Fast Forwarding Blockbuster

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1. Prepared & Presented by: Shabahat Noreen: 24838 Rubab Afzal: 25028 Tooba Bashir: 24101 Bakhtawar Jabeen: 25181 CASE STUDY 2. INTRODUCTION: FOUNDER: FOUNDER: David Cook David Well ESTABLISHED: ESTABLISHED: 1985 1997 COMPETITOR: COMPETITOR: • Netflix • Amazon Prime • Hasting Entertainment • HBO Go • Movie Gallery • Vudu 3. TIMELINE ( 1985-2010 ) : 1985 : Oct 19,1985 Opened first store Aug 25,1986 Opened first franchise store in San Antonio. Feb 1987 Blockbuster goes public. 1990 : Early 1990's Aquires U.K's Rivz Video. 1994 Viacom purchased 60% shares of Blockbuster. 4. TIMELINE ( 1985-2010 ) : 1995 : 1998 Netflix is established. 2000 : Aug 14,2004 Blockbuster Online introduced. 2005 : Jan 1,2005 Elimination of Late fees. Nov 1,2006 Blockbuster Total Access introduced. 5. TIMELINE ( 1985-2010 ) : 2010 : Sep 11,2010 Tom Casey (CFO) resigned, he was replace by Dennis McGill. Sep 23,2010 Blockbuster faced bankruptcy by its massive of $ 1 billion debt and weak revenue. 6. TIMELINE ( 1985-2010 ) : 2010 : Sep 11,2010 Tom Casey (CFO) resigned, he was replace by Dennis McGill. Sep 23,2010 Blockbuster faced bankruptcy by its massive of $ 1 billion debt and weak revenue. 7. Mr. Keyes obviously is a big fan of the quantitative approach. How might Principles of scientific management be useful to Blockbuster? 8. Mr. Keyes: Fan Of Quantitative Approach. It contributes towards manager’s decision making. Put the right person on the right job. It improves production efficiently. 9. .How might knowledge of organizational behavior help the company’s frontline store supervisors manage their employees? Would Mr. Keyes and other top managers need to understand OB? Why or why not? 10. Working together to achieve the common objective 11. People Behave different from others. 12. • For the betterment of company. • To keep the work force highly efficient • To reach true

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