Question

Provide a recommendation to Kimishima on how Nintendo should formulate its strategy to compete successfully in the gaming industry in the next three to five years.
Should the company compete in software, hardware, or both? What platforms should it focus, if any? Were there ancillary revenue streams that the company could focus on, similar to other companies that had licensed their character IP? Alternatively, was it possible to create a corporate model similar to Legoland's or Walt Disney's?"

Answer 1

Answer:

Recommendation to Kimishima about Nintendo is given below:

Explanation:

Nintendo already have a goodwill with [now adults] because they have been playing Nintendo during their childhood, this goodwill can be revived by developing a software [Game] which is famous in Adults [Reality Game]. Also Nintendo can develop a hardware [Gaming Console] which should be compatible with other developers games and possibly cheaper in price to attract customers.

Nintendo already having goodwill, can develop a theme park with its characters and rides, this park can also have shops where Nintendo can sell its games and consoles.