Netflix Developed a Subscription-Based Model of DVD Rental Based on Using

question 126

True/False

Netflix developed a subscription-based model of DVD rental based on using the Internet and the mail instead of the retail location approach used by Blockbuster. This innovative subscription service would be correctly classified as a competence-destroying innovation because of its devastating impact on traditional movie rental businesses such as Blockbuster.

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Definitions:

Mirror Neurons

Neurons that fire both when an individual acts and when the individual observes the same action performed by another, thought to be the basis of empathy and learning by imitation.

Frown

A frown is a facial expression characterized by a furrowing of one's eyebrows and a downward turn of the mouth, typically indicating disapproval, sadness, or concentration.

Overimitation

The action of imitating behaviors excessively, often observed in children who replicate adults' actions even when they are unnecessary for achieving a goal.

Plastic Jar

A container made from plastic materials, used for storing a variety of items.