Blue ocean strategy - Samenvattingen, Notities en Examens

A blue ocean strategy is a strategy that seeks to gain a competitive advantage by ____ - ️️inventing a new segment of the market that makes existing competitors no longer relevant A blue-ocean strategy is a strategy that seeks to gain a competitive advantage by _____ - ️️inventing a new segment of the market that makes existing competitors no longer relevant A business guerrilla offensive is best suited for ___ - ️️small companies that lack the capacity to launch a full strateg...

The best strategic offensives for companies involve which of the following? - Answer-1. striving to convert a competitive advantage into a sustainable advantage 2. overwhelming rivals with swift and decisive action A company's strategic offensive should be based on ____ - Answer-the company's strengths as well as its rivals strengths and weaknesses Lowering prices can be a successful competitive strategy for a company if _____ - Answer-1. the company convinces buyers that its products ar...

MAN 320F EXAM 2 AROIAN UPDATED ACTUAL Questions and CORRECT Answers Blue Ocean Strategy - CORRECT 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 - CORRECT ANSWER- all industries in existence, the known mkt space industries never stand... - CORRECT ANSWER- still

flash memory & Hard Disk - ANSWERSNon-volatile memory can maintain stored information even after the power is turned off. Examples of non-volatile memory include: (select all that apply) flash memory Hard Disk RAM All of the Above Blue Ocean Strategy - ANSWERSInstead of competing with established firms in an existing network market, firms should seek uncontested, new market spaces. This is called: Blue Zone Strategy Blue Ocean Strategy Red Waters Strategy Shark Tank Strategy Move...

Articles to Read correct answers 1. What is strategy? 2. Porter's 5 Competitive Forces 3. Core Competency 4. Adaptability 5 Connect and Develop for Innovation 6. Using the Balance Scorecard 7. Secrets to Successful Strategy Execution optional, but not on the test: Blue Ocean What is Strategy? by Porter: Key Takeaways (week 1/Overview of Strategic Management) correct answers A company can outperform rivals only if it can establish a difference that is can preserve. Companies that t...

Blue Ocean Strategy - Answer-- Successfully combining differentiation and cost-leadership activities - Uses value innovation to reconcile trade-offs (Between Differentiation & Cost Leadership) "Untapped Market Space" "Create additional demand" "Opportunity for Highly Profitable Growth" How to Increase Consumer Perceived Benefits? - Answer-- Raise, raise the standard and industry norm to your business - Create, Create something the industry has never offered Wha...

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...

Affordance Decomposition Ans: The isolation of the specific functions, meanings, limitations, and challenges that can be provided by a given technology or capability. Application service provider (ASP) Ans: A business that provides computer-based services to customers over the internet. This means that all management of the application can be handled by the provider. Aspiration Ans: A long term goal that a user hopes to achieve. Barriers Ans: Choke points and pressure points that a us...

Market concentration/competitive intensity correct answers extent or degree to which a relatively small number of firms account for a relatively large percentage of the market An industry in which market share is "concentrated" in the hands of a few firm is likely to be correct answers less competitive than one in which market share is dispersed among many small firms HHI correct answers is often used to measure market concentrations HHI = 1 correct answers Firm is a monoply Blue o...

Cloud Computeing - ANSWERSShared pools of configurable computer system resources and higher-level services that can be rapidly provisioned with minimal management effort, often over the internet. Non-Volatile Memory - ANSWERSMore permanent storage like flash or hard disk One-Sided Market - ANSWERSderive most of their value from a single class of users Blue Ocean Strategy - ANSWERSAn approach where firms seek to create and compete in uncontested "blue ocean" market spaces, rather than ...