Reed hastings created netflix. his inspiration came from the fact that he had to pay a sizeable late fee for returning a dvd beyond the due date at a rental store. it took a few tries to develop the winning business model. which statement accurately describes his key to success?
a) his idea solved a problem.
b) the government increased the charges on late fees to consumers.
c) no other business had the capability to offer the same product.
d) he obtained the only streaming video license available in the u. s.

Letter a is correct. His idea solved a problem.

Explanation:

In this case, the emergence of the Netflix company came about because of a problem its creator Reed Hastings had when returning a DVD.

The creation of the company arose out of necessity and solved the problem of people who forgot to return rented DVDs on time and therefore had to pay high interest rates. Netflix's success lies in offering subscription plans so that subscribers have unlimited streaming access to thousands of movies and series, which became popular around the world and made the old dvd rental system virtually extinct.

you will have $2593.74 in 10 years if you set aside $1,000 at 10%

you will have $9321.91 in 20 years if you set aside $2000 at 8%

you will have $1469.32 in 5 years if you set aside $1000 at 8%

you will have $1296.87 in 10 years if you set aside $500 at 10%

you will have $239.66 in 15 years if you set aside $100 at 6%

you will have $4660.96 in 20 years if you set aside $1000 at 8%

muslims control the north africa during the period of 1500 up

to 1800. they made a barrier to prevent further european exploration from

entering the africa from the north. however, the dutch ware still able to move

toward the interior with having south africa as one of the routes leading to

the east for trading with asia.