WPC 470 Moore ASU Final Exam Questions & 100% Correct Answers- Latest Test | Graded A+ | Passed
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Course
WPC 470
Institution
WPC 470
Business-level strategy
-:- The goal-directed actions managers take in their quest for competitive
advantage when competing in a single product market
Blue ocean strategy
-:- Business level strategy that successfully combines differentiation and costleadership activities using value innovat...
✓ -:- A new product which known components, based on existing technologies, are
reconfigured In a novel way to attack new markets
Disruptive innovation
✓ -:- An innovation that leverages new technologies to attack existing markets from
the bottom up
Incremental innovation
✓ -:- An innovation that squarely builds on an established knowledge base and steadily
improves an existing product or service
Process innovation
✓ -:- New ways to produce existing products or deliver existing services
Value innovation
✓ -:- The simultaneous pursuit of differentiation and low cost in a way that creates a
leap in value for both the firm and the consumers; considered a cornerstone of blue
ocean strategy
Crossing-the-chasm framework
3|Page | Grade A+| 2024/2025
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