Which of the following is not connected with Blue Ocean strategy? *Value InnovationERRCGE 9 Box ModelStrategy Canvas

The strategy of Blue Ocean's are …...Select one:a.Not purely technical in natureb.Frequently from existing competitorsc.Not based only on company and industryd.All of the above

Which of these would be a characteristic to implement the blue ocean strategy?Select one:a.No market yet existsb.No competitorsc.Compete on novelty ideasd.All of the above

…...................is a theory which is mostly marketing-related that focuses on entering industries or markets that have little to no competition.Select one:a.Green Ocean Strategyb.Blue Ocean Strategyc.Red Ocean Strategyd.None of these

Which of the following statements about blue ocean strategy is true?Multiple choice question.Its success requires that the firm that implements the strategy be highly centralized.It is the easiest type of strategy to implement.It requires reconciling the trade-offs between differentiation and low cost.Its goal is to reduce costs by offering a standardized product to the mainstream customer.

Transforms any type of innovation that historically was expensive and complicated into an innovation that is affordable, simple, and available to broader markets.Group of answer choicesRed Ocean StrategiesInnovation DiffusionDisruptive InnovationBlue Ocean Strategies