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 renders rivals 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:
Verified
Q1: Which of the following ways are employed
Q2: Which of the following is not among
Q4: Which of the following signals would not
Q5: A hit-and-run or guerrilla warfare type offensive
Q6: First-mover advantages are unlikely to be present
Q7: Which one of the following is not
Q8: Being first to initiate a strategic move
Q9: The race among rivals for industry leadership
Q10: First-mover disadvantages (or late-mover advantages)rarely arise when?
A)Rapid
Q11: A company's menu of strategic choices to
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