Can the Music Industry Change Its Tune? 1.) require the value chain and competitive forces models to the practice of medicine written text exertion. The recording industry has been in requisite of an overhaul for quite nigh time. The executives had lost touch with the consumers that were keeping their companies afloat. I personally receive that the ability to purchase and bulge outload harmony online has been the best social occasion that could happen to the music industry. Just a few of the benefits to online music are, free samples, buy individual numberss, and you can shop anytime. When it comes down to it, at that place will always be a need for the traditional way to purchase music and the technologically in advance(p) online purchase. Even in todays day and age there are still population out there that do not own computers and do not feel well-to-do giving out there info online. How often do you purchase a CD and like every song on it? I would have to say, not very often. That is wherefore I like having the ability to purchase whichever songs I indigence and whenever I wishing. 2.)What role did the net profit play in ever-changing value propositions and the competitive environment? To what extent had it been responsible for declining CD sales? The Internet played a huge percent in changing the way people get their music.
The Internet has opened a whole new world for people to explore. I dont think the record companies are pain that bad. Yes there are declining CD sales, but downloads are on the rise and they are getting a piece of the action. completely the lawsuits have lead people to begin purchasing their music from reputable companies like Apple and Yahoo. One thing to take into consideration is the lessen in new CD releases; this decrease would have a natural affect on sales. 3.) psychoanalyze the response of the music recording industry to these changes. What management, organization, and technology issues change this response? I still think that the record industry needs to recognize that the CD is becoming a thing... If you want to get a full essay, order it on our website: Orderessay
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