You need read the case carefully and follow the outline and instruction write a 200 words answer. Read the ppt carefully and understand what is ERRC and must write with ERRC and follow the outline, and answer all the outline .
Question: Apply the ERRC framework to Marvel Studios and the way they set up the business (set this up as a figure and explanations). Explain also how those ERRC choices allowed them to break the cost-value tradeoff.
1.ERRC – Eliminate, Reduce, Raise, Create
-movies produced by outside studios
-corporate culture → innovation
-create value in storytelling and relatable characters
2.Choices lead to break cost-value tradeoff