Loading...

Messages

Proposals

Stuck in your homework and missing deadline? Get urgent help in $10/Page with 24 hours deadline

Get Urgent Writing Help In Your Essays, Assignments, Homeworks, Dissertation, Thesis Or Coursework & Achieve A+ Grades.

Privacy Guaranteed - 100% Plagiarism Free Writing - Free Turnitin Report - Professional And Experienced Writers - 24/7 Online Support

Movieflix review

28/03/2021 Client: saad24vbs Deadline: 2 Day

Running Head: BUSINESS ETHICS 1

BUSINESS ETHICS 2

Business Ethics: MovieFlix

(Name)

(University)

Prepare an essay explaining to the Leadership Team at MovieFlix why it's important to take an ethical approach to solving their business problem (the problem that you are helping them to solve).

MovieFlix should be ethical in handling competition from NetFlix, Acorn.TV, Fandor, Tubitv.com, Mubi.com and Crunchyroll.com. The pricing should be where the majority of video streaming business are located. Ethical pricing demands that firms cost their goods within reach of the customers. Willcox (2017) stated that MovieFlix has the monthly price of $ 9.95 which is higher than that of Crunchyroll.com and Mubi.com which charges $ 7 or $ 6. The price charged by MovieFlix is exploitative. It charges $ 2.95 more than then Crunchyroll.com. The unscrupulous behavior is unethical and is a matter of time before subscribers start leaving for their competitors. MoveFlix should price within a range of $1 where the majority of players operate. Using the statistics, the monthly subscription should be within $5 and $ 8.

Make sure to discuss how using good business ethics can enhance their profitability.

A fair price will ensure that MovieFlix increases their profits without pushing their rivals out of business. A fair price should be within $5 and $ 8. According to In Elsdon (2013), the fair price will increase the competitiveness of the MovieFlix among other video streaming operators. Customers will move from NetFlix, Acorn.TV, Fandor, Tubitv.com, Mubi.com and Crunchyroll.com to try out products by MovieFlix. The many sales emanate from the increased subscription and streaming fees MovieFlix gets from affordable pricing. Customers like appreciating an ethical business. The more customers, the higher the amount the subscription fees paid. Consequently, the higher subscribers will translate to higher streaming activities by the clients. MovieFlix will have utilized sales maximization profit maximization.

Describe some of the consequences that they could face if they behave unethically when trying to solve the problem that you've selected for your project.

MovieFlix can be fined and penalties imposed on the video streaming operator by the American Justice System (In Elsdon, 2013). Consumer Watchdog Groups may file defense on behalf of the consumers. The groups may cite the unscrupulous behavior of MovieFlix price cutting or overcharging the consumers. The Consumer Watchdog Groups will be agitating for fair pricing on behalf of the consumer. Where MovieFlix is found to have been fleecing customers by overcharging or driving competitors out of business via price cutting. MovieFlix will be faced with a customer backlash where they feel they are being overcharged. Customers will decide to use video streaming by competitors. The customers will result to using providers who offer cheaper video streaming services. Customers who previously used MovieFlix will move to NetFlix, Acorn.TV, Fandor, Tubitv.com, Mubi.com and Crunchyroll.com.

Discuss how you, as their consultant can help them to take an ethical approach to solving their problem.

I would ask MovieFlix to review their pricing model from cost maximization to sales maximization in their urge to achieve profitability. MovieFlix high price of $ 9.95 is based on cost maximization. Their profits are based on few sales made from high prices. Lobato (2012) stated that new customers are prevented from joining Mov as subscribers, and they sigh in favor of NetFlix, Acorn.TV, Fandor, Tubitv.com, Mubi.com and Crunchyroll.com. Sales maximization will require the prices to be reviewed. MovieFlix should review their prices to be within the range of Crunchyroll.com and Mubi.com which charges $ 7 or $ 6. The more affordable the business becomes, the more attractive it will be to consumers. More consumers will mean more subscription and streaming fees.

References

In Elsdon, R. (2013). Business behaving well: Social responsibility, from learning to doing.

Lobato, Ramon. (2012). Shadow economies of cinema mapping informal film distribution. London: Palgrave Macmillan [on behalf of the] BFI. http://public.eblib.com/choice/publicfullrecord.aspx?p=4008902.

Willcox, J. K. (2017, March 2017). 5 Streaming Sites for People Who Want More than NetFlix. Retrieved from: http://www.consumerreports.org/streaming-media-players-services/5-niche-streaming-sites/

R

unning Head:

BUSINESS ETHICS

1

Business Ethics

: MovieFlix

(Name)

(University)

Running Head: BUSINESS ETHICS 1

Business Ethics: MovieFlix

(Name)

(University)

Homework is Completed By:

Writer Writer Name Amount Client Comments & Rating
Instant Homework Helper

ONLINE

Instant Homework Helper

$36

She helped me in last minute in a very reasonable price. She is a lifesaver, I got A+ grade in my homework, I will surely hire her again for my next assignments, Thumbs Up!

Order & Get This Solution Within 3 Hours in $25/Page

Custom Original Solution And Get A+ Grades

  • 100% Plagiarism Free
  • Proper APA/MLA/Harvard Referencing
  • Delivery in 3 Hours After Placing Order
  • Free Turnitin Report
  • Unlimited Revisions
  • Privacy Guaranteed

Order & Get This Solution Within 6 Hours in $20/Page

Custom Original Solution And Get A+ Grades

  • 100% Plagiarism Free
  • Proper APA/MLA/Harvard Referencing
  • Delivery in 6 Hours After Placing Order
  • Free Turnitin Report
  • Unlimited Revisions
  • Privacy Guaranteed

Order & Get This Solution Within 12 Hours in $15/Page

Custom Original Solution And Get A+ Grades

  • 100% Plagiarism Free
  • Proper APA/MLA/Harvard Referencing
  • Delivery in 12 Hours After Placing Order
  • Free Turnitin Report
  • Unlimited Revisions
  • Privacy Guaranteed

6 writers have sent their proposals to do this homework:

Engineering Solutions
Essay & Assignment Help
Helping Hand
Study Master
Instant Assignment Writer
Phd Writer
Writer Writer Name Offer Chat
Engineering Solutions

ONLINE

Engineering Solutions

Give me a chance, i will do this with my best efforts

$23 Chat With Writer
Essay & Assignment Help

ONLINE

Essay & Assignment Help

I have read and understood all your initial requirements, and I am very professional in this task.

$46 Chat With Writer
Helping Hand

ONLINE

Helping Hand

I am known as Unrivaled Quality, Written to Standard, providing Plagiarism-free woork, and Always on Time

$57 Chat With Writer
Study Master

ONLINE

Study Master

I have read and understood all your initial requirements, and I am very professional in this task.

$51 Chat With Writer
Instant Assignment Writer

ONLINE

Instant Assignment Writer

Hello, I an ranked top 10 freelancers in academic and contents writing. I can write and updated your personal statement with great quality and free of plagiarism

$50 Chat With Writer
Phd Writer

ONLINE

Phd Writer

I have read your project details. I can do this within your deadline.

$19 Chat With Writer

Let our expert academic writers to help you in achieving a+ grades in your homework, assignment, quiz or exam.

Similar Homework Questions

What is future state analysis - Introduction to accounting wahseem soobratty - Inlanguage boutique brunswick east - How to identify reducing and nonreducing sugars - Rms practice hazard perception test - Muchos de mis amigos y parientes viven en otros países. mi amiga catalina y - Discussion - Amazon vs walmart case study answers - Because you loved me movie - Nought's had all's spent - Benzene burns in oxygen according to the following reaction - Intangibility in hospitality - Module 03 Assignment - Toseland and rivas types of groups - Abc company recognizes revenue at the point of shipment - Nervous system - Season of life jeffrey marx sparknotes - Four hundred twenty three and four tenths in standard form - Southampton university lifelong learning - Consider a cylindrical specimen of some hypothetical metal alloy - Qualitative Research: LONG TERM CARE - Hcf gold extras product summary - What makes ice melt faster data table - Respondus lockdown browser password - Dui ou lung wealth and success talisman - Balance exercises for seniors mayo clinic - Nebosh risk assessment example - Glo bus year 6 decisions answers 2018 - Learning strengths - 13.1 tangent ratio homework answers - Eric foner give me liberty brief 5th edition pdf - On course journal entry 7 - Hr - Nsf 61 approved materials list - 3.84 kg in pounds and ounces - Auckland council inspection checklist - Please respond if you can complete it in 11 hours - You own a stock portfolio invested percent - What medisoft feature is used to set up repeating appointments - Effective approaches in leadership and management in nursing - Advanced practice nurse professional development plan - Week 6 - Paper - Spark notes the crucible - Below are incomplete financial statements for bulldog inc - Wk 2 reply 2 international problems - Sunnow strayer - Tax return project solutions - Understand how the brain copes from adverse childhood experience - Bluecoat aspley uniform shop - Cpm 4e - Bus 380 assignment - Hackman and oldham model - Requa v kent school district - Villanova lean six sigma master black belt - Marriage and family \ due in 24 hours - A portrait of linear algebra 3rd edition answer key - How is strategic management illustrated by this case story - Ride with the mob hum do allah - Bbc bitesize ks3 convection - Can someone do my Week 3 work for me Discussion 1 & 2 and Week 3 Assignment in Organizational Behavior? - Veeam flr appliance login - Environmental determinism and possibilism - Alphabet symmetry worksheet answers - Math skills for chemistry - Philosophy 2 Discussion Board - Social structure matrix worksheet - Chemical engineering taster courses - Ucl mbbs year 4 - Array implementation of list adt - Tvs unidirectional vs bidirectional - Homologous structure vs analogous structure - Name three specific consequences of the boston busing crisis. - Federal case which influences commerce on the internet - The assembly consists of two sections of galvanized - Elementary Stastics - Curbing business for sale $12 000 - Business and society ethics and stakeholder management 15th edition - Occupational therapy group protocol template - What is the future value of $4,900 invested for 8 years at 7 percent compounded annually? - Operations and algebraic thinking grade 2 lesson plans - Insurance Accounting - 2 - Shadow health focused exam cough - Simnet sdsu - The ninny questions and answers - The learning place student login - Accounting project 1 - Project management jeffrey pinto pdf - Chemistry: Temperature and Pressure - Dependents of Phase Equilibria Questions - Martial arts r us maru needs a database - Aws get session token - Write a essay - Ps music continuing problem answers - Application of theory of goal attainment and nursing process - The outsiders characterization chart - Discussion Board Questions - Discussion - English - 735 Wk 1 DQ 1 - Mobile wap internet sessions telstra