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1. Apply the ERRC framework (what factors were eliminated, reduced, raised, created) 2. Based on ERRC framework, briefly describe how the company applied value innovation
1. Apply the ERRC framework (what factors were eliminated, reduced, raised, created) 2. Based on ERRC framework, briefly describe how the company applied value innovation (pursuit of low-cost and value creation) 3. Describe the customers the company attracted (specifically, how it attracted previous non- customers) 4. Based on previous answers, explain how the company implemented a blue ocean strategy (specifically, this is a summary of the previous questions combined)
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