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Exam (elaborations)

MAN 320F EXAM 2 AROIAN STUDY GUIDE

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  • Course
  • MAN 320
  • Institution
  • MAN 320

MAN 320F EXAM 2 AROIAN STUDY GUIDE Blue Ocean Strategy - Answer️️ -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 - Answer️️ -all industries in existence, the known ...

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  • September 14, 2024
  • 11
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • MAN 320
  • MAN 320
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©SOPHIABENNETT
2024/2025 ACADEMIC YEAR




©SOPHIABENNETT 9/11/24 2024/2025

, ©SOPHIABENNETT 2024/2025 9:45 AM



MAN 320F EXAM 2 AROIAN STUDY
GUIDE


Blue Ocean Strategy - Answer✔️✔️-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 - Answer✔️✔️-all industries in existence, the known mkt space

industries never stand... - Answer✔️✔️-still

strategic move - Answer✔️✔️-the set of managerial actions and decisions involved in

making a major market-creating business offering

with technology & globalization, it has led to what? - Answer✔️✔️-accelerated

commodization

where brands become more similar, ppl buy more on price

The iPod was so successful because it was a - Answer✔️✔️-fully-integrated product

What does it mean...blue ocean? - Answer✔️✔️-creating a new group of consumers

most are created from within red oceans

what is the key to success? - Answer✔️✔️-market opportunity

Value innovation - Answer✔️✔️-low costs

high buyer value

red vs blue ocean strategy - Answer✔️✔️-Red:



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