Discussion of the Netflix Company’s Mission, Objectives, and Stock Price and Trend
Netflix is a worldwide streaming service that offers a variety of movies, series, anime, and other types of visual content. This company’s mission statement is “We promise our customers stellar service, our suppliers a valuable partner, our investors the prospects of sustained profitable growth, and our employees the allure of huge impact” (Netflix Mission and Vision Statement Analysis). Simultaneously, Netflix’s objectives are: Becoming the best global entertainment distribution service and licensing entertainment content around the world. The other two goals are: creating markets that are accessible to filmmakers, and helping content creators around the world to find a global audience (Communicating Your Organization’s Mission and Vision).
Netflix has a stock (NFLX), the current price of which is $600,41 (Netflix). It is possible to observe that from July 2021 until November 2021, there was significant growth in the stock’s price. However, the past two weeks’ tendency has been downwards. It is known that NFLX is one of the stocks recommended to but by the proprietary system (rank A). This company shares’ price was benefited because of the COVID-19 pandemic. However, as the economy reopens and theaters and other entertainment services start to operate again, people become less interested in Netflix. This causes the drop in popularity, and therefore, the price of the stock, despite the fact that the company exceeds its investors’ expectations with respect to profit per share.
“Communicating Your Organization’s Mission and Vision.” ClearCompany, Web.
“Netflix Mission and Vision Statement Analysis.” Mission-Statement, Web.
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