Blue ocean strategy - Study guides, Class notes & Summaries

WGU C211 Competency 1 Exam Questions and answers with 100% Correct Answers | Latest Update 2024 | Rated A+ Anti dumping law - Law that makes it illegal for an exporter to sell goods below cost abroad with the intent to raise prices after eliminating local rivals antitrust laws - Law that makes cartels (trusts) illegal Antitrust policy - government regulation aimed at preventing monopoly and fostering competition in markets where competition is desirable Attack - An initial set of actions to ...

Blue Ocean Strategy correct answers strategy where it includes all industries not in existence, unknown market space going where the profits and growth is, not where the competition is Red Ocean Strategy correct answers all industries in existence, the known mkt space industries never stand... correct answers still strategic move correct answers the set of managerial actions and decisions involved in making a major market-creating business offering with technology & globalization, ...

OAM 331 Exam 2 Questions With Correct Answers Blue Ocean Strategy Key Takeaways (C12) - answer-Red oceans are existing industries, blue ocean means doing business where there is no competition. -Blue ocean strategy is not about technology innovation. -Incumbents often create blue oceans within their core business. -The most appropriate unit of analysis is not an industry or company, but the managerial actions and decisions to create a market (aka strategic move). -Never use competition a...

Anti dumping law - Law that makes it illegal for an exporter to sell goods below cost abroad with the intent to raise prices after eliminating local rivals antitrust laws - Law that makes cartels (trusts) illegal Antitrust policy - government regulation aimed at preventing monopoly and fostering competition in markets where competition is desirable Attack - An initial set of actions to gain competitive advantage. Blue Ocean Strategy - Strategy that focuses on developing new markets ("blue...

Cloud Computeing - Ans --Shared pools of configurable computer system resources and higher-level services that can be rapidly provisioned with minimal management effort, often over the internet. Non-Volatile Memory - Ans --More permanent storage like flash or hard disk One-Sided Market - Ans --derive most of their value from a single class of users Blue Ocean Strategy - Ans --An approach where firms seek to create and compete in uncontested "blue ocean" market spaces, ...

Cloud Computeing - ANSWERSShared pools of configurable computer system resources and higher-level services that can be rapidly provisioned with minimal management effort, often over the internet. Non-Volatile Memory - ANSWERSMore permanent storage like flash or hard disk One-Sided Market - ANSWERSderive most of their value from a single class of users Blue Ocean Strategy - ANSWERSAn approach where firms seek to create and compete in uncontested "blue ocean" market spaces, rather than ...

WPC 470 Moore ASU Final Exam Questions And Answers The goal-directed actions managers take in their quest for competitive advantage when competing in a single product market - ANSWER- Business-level strategy Business level strategy that successfully combines differentiation and cost-leadership activities using value innovation to reconcile the inherent tradeoffs - ANSWER- Blue ocean strategy Generic business strategy that seeks to create the same or similar value for customers at a lowe...

MNGT 4800 - Exam 2 Questions With 100% Correct Answers The 4 Primary Generic Business-Level Strategies - answerCost leadership, differentiation strategy, focused cost leadership, and focused differentiation. Cost leadership - answerOffers products or services with acceptable quality and features to a broad set of customers at a low price. Advantages of cost leadership - answerWithstanding price competition from rivals, discouraging new entrants, and attracting a large market share. Disad...

WPC 470 Moore ASU Final Exam With Correct Questions & Answers The process by which people undertake economic risk to innovate- to create new products, processes, and sometimes new organizations - Entrepreneurship Competitive benefits that accrue to the successful innovator - Firstmover advantages The five different stages; introduction, growth, shakeout, maturity, and decline, that occur in the evolution of an industry over time - Industry life cycle The positive effect (externali...

MAN 320F EXAM 2 AROIAN Questions With Solutions 100% Correct Blue Ocean Strategy strategy where it includes all industries not in existence, unknown market space going where the profits and growth is, not where the competition is Red Ocean Strategy all industries in existence, the known mkt space industries never stand... still strategic move the set of managerial actions and decisions involved in making a major market-creating business offering with technology & globalization, it h...