Explain what is Products life cycle of Disney during corona virus pandemic?
Answer:
The Disney as any other offline intensive industry is in decline
phase during coronovirus pendamic. But one positive aspect that
Disney has done is it started its focus towards online media and
platforms. It has acquired an online platform called Hotstar which
is similar to Netflix to focus on online release of movies and
series developed under Disney banner. Employees have been given
online training to operate in virtual functioning and maintaining
social distancing in this pandemic preiod.
They also started focusing on virtualizing the whole experience
with supply of VR box, so they are adopting to the change and in
the process embracing it as well.
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