Strengths and WeaknessesBlockbusterBlockbuster has developed a successful business model by leveraging its competitive advantage in distribution channels. Blockbuster was able to ship video quickly and efficiently (at least initially) from one location to another, taking advantage of shifts in customer demand from one location to another. Blockbuster also has the significant advantage of its customer base. This allowed them to negotiate with media giants to reduce the individual cost of videos purchased, by now Blockbuster was the largest single buyer of home video cassettes. Under Huizinga Blockbuster was able to quickly identify and obtain the best locations in each geographic area into which it intended to expand. He would do this until the position was filled. It would then move to another geographic location, further stifling potential competition. Leveraging its experience in waste management, Huizinga has made numerous acquisitions. It made these acquisitions especially when it entered new markets. Capitalizing on previous successes with the physical appeal of its hypermarket, Block Buster has formed alliances with Domino's Pizza, Mc Donald, PepsiCo etc. to attract customers and build its brand recognition. Blockbuster effectively used its advantage in IT and constantly updated itself to ensure customers had the most convenient and stress-free experience possible with the added benefit of creating greater efficiency in its distribution channels as point of sale systems were connected to an inventory system that allowed for better management of its distribution operations.On the other hand, Blockbuster had difficulty adapting to the video entertainment industry's evolving “disruptive technologies” environment in the ear… middle of paper...experience benefits as an innovator with the help of excellent management. Let's hope he doesn't make mistakes that would lead to the same conclusion as Blockbuster.References0 Strategic Management A Comprehensive Approach (10th Edition)1 https://pr.netflix.com/WebClient/loginPageSalesNetWorksAction.do?contentGroupId=104772 http://ir.netflix .com/annuals.cfm3 http://www.fundinguniverse.com/company-histories/netflix-inc-history/4 http://www.forbes.com/2010/05/18/blockbuster- netflix-coinstar-markets -bankruptcy-coinstar_slide_8.html5 http://variety.com/2013/biz/news/epic-fail-how-blockbuster-could-have-owned-netflix-1200823443/6 http://www. Bloomberg.com/quote/NFLX:US/profile7 http://www.theguardian.com/media/2013/dec/30/netflix-evil-genius-tv-revolution-ted-sarandos8 http://www.forbes. com/sites/danwoods/2013/01/24/how-netflix-should-recover-from-amazon-addiction/