Why the video conferencing industry was attractive pre-covid

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Reference no: EM133433917

Assignment:

Video to watch: Zoom Story

Questions:

Rivalry

1. Explain why the video conferencing industry was attractive pre-COVID and how COVID changed the attractiveness of the video conferencing industry? You may want to discuss some of the elements that contribute to competitive rivalry, such as rate of industry growth, differentiation, required investments in fixed costs, etc.

2. List several (at least 3) of the Rivals in the video conferencing industry that currently rival with Zoom. Explain for both Zoom and these (minimum 3) Rivals what competitive advantage(s) they offer.

3. Based on your preceding answers, how intense would you say the competitive rivalry currently is within the videoconferencing industry? Choose one:

Very low
Low
Medium
High
Very high

Reference no: EM133433917

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