A blue ocean strategy
A) is an offensive attack used by a market leader to steal customers away from unsuspecting smaller rivals.
B) involves a preemptive strike to secure an advantageous position in a fast-growing market segment.
C) works best when a company is the industry's low-cost leader.
D) involves abandoning efforts to beat out competitors in existing markets and, instead, inventing a new industry or new market segment that renders existing competitors largely irrelevant and allows a company to create and capture altogether new demand.
E) involves the use of highly creative, never-used-before strategic moves to attack the competitive weaknesses of rivals.
Correct Answer:
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Q2: Strategic offensives should,as a general rule,be based
Q3: The principal offensive strategy options include which
Q4: Which of the following signals can be
Q5: First-mover disadvantages (or late-mover advantage)arise when
A) the
Q6: Which of the following is not a
Q8: Which one of the following is not
Q9: In which of the following instances is
Q10: Which of the following ways are employed
Q11: Once a company has decided to employ
Q12: Which of the following rivals make the
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