Question
explain what is meant by a blue-ocean strategy and identify a company that has followed this type of strategy to open a new market.
explain what is meant by a blue-ocean strategy and identify a company that has followed this type of strategy to open a new market. Discuss the product and the strategy and describe its success or failure.
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A Blue Ocean Strategy refers to a business approach where a company seeks to create and capture new market space rather than competing in existing markets red oceans where competition is fierce In a r...Get Instant Access to Expert-Tailored Solutions
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