Strategic Risk

Please provide short answers (a few sentences each) to the following 5 questions and submit via Canvas prior to class (to be submitted INDIVIDUALLY prior to class).
I. Summarize Netflix’s/ your selected firm’s business model & strategy (leverage strategic concepts and terms in your response)
II. Using Porter’s 5 Forces, describe the potential risks to the Netflix/ your selected firm’s strategy
III. What strategic misstep did Netflix/ your selected firm make in the past and how did it recover from it?
IV. Building on the Information Technology Risk Workshop, what are some information technology risks that could impact Netflix/ your selected firm?
V. Using Ansoff’s Matrix or other strategic concepts from the reading, suggest some alternate strategies Netflix/ your selected firm might consider to mitigate the risks to their existing strategy or take advantage of untapped opportunities