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) offers growth in revenues and profits by discovering or inventing a new industry or distinct market segment that 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:
Verified
Q3: Which of the following is a potential
Q4: The difference between a merger and an
Q6: First-mover advantages are unlikely to be present
Q8: When the race among rivals for industry
Q9: A hit-and-run or guerrilla warfare type offensive
Q10: Being first to initiate a strategic move
Q11: A company's menu of strategic choices to
Q11: Which of the following is not an
Q18: Which one of the following is not
Q19: The purposes of defensive strategies include
A) discouraging
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