Which of the following is not an element of a Blue Ocean strategy?
A)Create an uncontested market place.
B)Make the competition irrelevant
C)Create and capture new demand
D)Break the value-cost tradeoff
E)Use all resources to compete in the market place

Question

Quizplus · Accepted Answer

Using all resources to compete in the market place is not an element of a Blue Ocean strategy. In fact, the whole idea of a Blue Ocean strategy is to create a new market space where there is no competition, rather than competing in an existing marketplace with all available resources.

Which of the Following Is Not an Element of a Blue