According to the news reported by CNN on 3 Jan 2022, entitled Disney needs a con it?" as below (The Walt Disney is one of the famous global entertainment company Disney did not have a magical 2021. Even as Cavid-19 vaccines allowed countries around the world to lift restrictions, the company's business struggled. Attendance at its parks disappointed, and momentum from its Disney streaming service, once a bright spor, cooled off The company's stock dropped almost 154, making it the worst fermer is the Dow. The company's stock dropped almost 15% In 2021, mailing at the worst performer in the Dew. (Dow is the stock market index in New York Stock Exchange) Rewind: In 2020, even as Disney was forced to shutter its theme parks and resorts for months and delay the release of blockbusters like "Mulan," the stock was carried by enthusiasm about Disney+, which was rapidly adding subscribers But the sheen started to come off after the first quarter of 2021 Growth for Dinct slowed as competition in the streaming space heated up. and the rest of the company wasn't bouncing back as quickly as many analysts had hoped. (Like Netflix, the Disney is an American subscription video on-demand overthe-top streaming service established and owned by The Walt Disney Company) -- Comited) The above news reviewed the performance of The Walt Disney company in 2021. The news mentioned the many people expecting the introduction of Disney+ would contribute significant profits to the company an would become the new engine developing the company. However, the analysts considered it may not be th case since the growth of Disney+ subscribers are getting slower a) As mentioned in the news, Disney+ is facing increasing competition Who are the competitors of Disney What products or services are the competitors selling? Are their products or services the same as Disney+2 Explain your answer briefly. (3 points) b) Disneyt is one of the company in streaming service industry. As mentioned in the news, what kind of market structure is the streaming service industry : perfect competition, monopoly, monopolistically competitive or oligopoly? Please explain your answer briefly (3 points) C) According to your answer in parts (a) and (b), also using what you learnt in this course "Microeconomics why the analysts expected that the Disney will not flourish as people expected? Explain your answer briefly. Of course, you may use any diagram for your answer if necessary (4 points) (d) If you are the General Manager of Disney, what is your strategy helping Disney to overcome the challenges you mentioned in parts (?) to (o)? (4 points)

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