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One challenge that Netflix faced was that Blockbuster and Walmart were able to quickly extend their strong brands to also become synonymous with a DVD-by-mail subscription service.
Self-Regulation
The ability to manage one's emotions, thoughts, and behaviors in accordance with long-term goals.
Temporal Discounting
The tendency of people to value immediate rewards more highly than future rewards, leading to impulsive decision-making.
Self-Regulation
The ability to monitor and control one’s own behavior, emotions, or thoughts, altering them in accordance with the demands of the situation.
Monitors Behavior
Observing and checking the progress or quality of one's own or others' actions over a period of time.
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