“Netflix strategy (porter&#x27

s 5 forces, Ansoff&#x27s matrix, BCG Matrix) due April 4th 7pm”Please provide short answers (a few sentences each) to the following 5 questionsI. Summarize Netflix’s business model & strategy (leverage strategic concepts andterms in your response)II. Using Porter’s 5 Forces, describe the potential risks to the Netflix strategyIII. What strategic misstep did Netflix make in the past and how did it recover fromit?IV. Building on the Information Technology Risk Workshop, what are someinformation technology risks that could impact Netflix?V. Using Ansoff’s Matrix or other strategic concepts from the reading, suggestsome alternate strategies Netflix might consider to mitigate the risks to theirexisting strategy or take advantage of untapped opportunitiesMore detail information in the attachment!!!!05/04/201820businessfinance