
Although JetBlue used a blue ocean strategy to achieve an initial competitive advantage, it failed to maintain this advantage. Which of the following provides the best reason for this development?
A) It failed to drive up the perceived customer value.
B) It failed to refine its strategic position over time.
C) It failed to move into a contested market space.
D) It failed to offer enough strategic trade-offs.
Correct Answer:
Verified
Q82: What is a value gap?
Q83: What are the pricing options available to
Q84: How do experience-curve and learning-curve effects help
Q85: When a firm pursues differentiation strategy, what
Q86: Why is keeping its costs the lowest
Q88: To initiate a strategic move that allows
Q89: Discuss the threats firms face when they
Q90: The pursuit of both differentiation and low
Q91: Discuss the important differences between economies of
Q92: What are the key questions managers must
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents