Question

In the Fiscal Year 2004, what is the market and competitive landscape within which Blockbuster competes and who were the transformative competitors, new entrants, emergent technologies, suppliers, and buyers?

Answer 1

A market is a place where two parties can gather for the exchange of goods and services. Parties are usually buyers and sellers. The market may be physically like retail shops and also virtual like online shopping where buyers and sellers cannot interact physically. Competitive landscape is a business analysis which identifies direct or indirect competitors and at the same time, it gives permission to the comprehension of their mission, vision, strengths and weaknesses.

The new entrants in the airline industry were go air, Canadian airways Congo, eos airlines, empire airways etc. Business services companies were global load control, hipages, opera solutions etc. It will gives you the services And lots of buyers used that services for easy up their life.

The emergent technologies are the social media apps like Facebook, firefox, Bluetooth, Skype etc. The birth of Facebook was on February 2004. Facebook use to connect people from different locations. Firefox used to search anything and it will gives you the information about it. Bluetooth is the wireless sending document technology. Skype wow the world with their face to face chatting option.