Blue ocean strategies - Study guides, Class notes & Summaries

Strategic Offensive called for when a company spots opportunities to gain profitable market share at its rival's expense or when a company has no choice but to try to whittle away at a strong rival's competitive advantage Blue Ocean Strategy offers growth in revenues and profits by discovering or inventing new industry segments that create altogether new demand Offensive Strategies sometimes a company's best strategic option is to seize the initiative, go on the attack, and launch a...

MBA 705 CH 8&9 Questions and Answers Capital-Labor Substitution - Correct Answer ️️ -An organization's ability to substitute labor for capital or vice versa as production increases. Experience Curve - Correct Answer ️️ -The reduction in per-unit costs that occur as an organization gains experience producing a product or service. It's based on three underlying concepts: (1) learning, (2) economies of scale, and (3) capital-labor substitution possibilities Functional Strategies - ...

MNGT 4800 - Exam 2 Questions With 100% Correct Answers The 4 Primary Generic Business-Level Strategies - answerCost leadership, differentiation strategy, focused cost leadership, and focused differentiation. Cost leadership - answerOffers products or services with acceptable quality and features to a broad set of customers at a low price. Advantages of cost leadership - answerWithstanding price competition from rivals, discouraging new entrants, and attracting a large market share. Disad...

This summary contains all the information from Chapter 8 that CIE could ask students about business strategies, such as: Business Strategies Strategic Management Strategic Choice Strategic Implementation Approaches to developing business strategies (Blue/Red Ocean, Scenario Planning, SWOT, PEST, Porter’s Five Forces Analysis, Core Competencies, Ansoff Matrix, Force-field analysis, Decision Trees) The summary also contains the definitions for clarity. PRO TIP: Always add definition...

LSUS MBA 705 Chapter 9 Questions and Answers Blue Ocean Strategy: - Correct Answer ️️ -A growth strategy contingent on inventing or discovering a new industry or industry segment that creates new demand. Capabilities: - Correct Answer ️️ -A firm's skills at coordinating and leveraging resources to create value (often called strategic capabilities or dynamic capabilities). Gap Analysis: - Correct Answer ️️ -Identifying the distance between a firm's current position and its d...

1. Some scientists argue that over time Australopithecus africanus slowly acquired traits, and that they eventually 'became' Homo habilis. This transformation was so complete that there were no residual traces of Australopithecus africanus anymore, as all of them had completely evolved into Homo habilis, thus making Australopithecus africanus extinct. 2. An example of this type of speciation today is the Hawaiian archipelago, to which stray organisms traveled across the ocean via ocean cu...

Capstone Chapter 6 TEST SOLUTIONS Sometimes it makes sense for a company to go on the offensive to improve its market position and business performance. The best offensives tend to incorporate the following EXCEPT: - ANSWER focusing relentlessly on building a competitive advantage. Once a company has decided to employ a particular generic competitive strategy, then it must make such additional strategic choices, such as: - ANSWER All of these. Which one of the following is NOT a str...

the open ocean makes up what percentage of all livable space on earth? - 97 neritic zone - shallow area of ocean water in which land has an impact, usually with 3-5 miles of coastline of continents pelagic zone - land uninfluenced zone majority of oceans' habitat epipalagic zone - 0-200m in depth Mesopalegic Zone - 200-1000m in depth twilight zone Bathypalegic Zone - m in depth abyssopelagic zone - m in depth Hadalpelagic zone - m in depth oceanic - beyond the continental shelf wha...

EOSC 116 Module B EXAM PRACTICE QUESTIONS AND CORRECT DETAILED ANSWERS How old do astronimical observations put the universe at? - ANSWER- 12-14 billion years How long ago did the Earth and Solar System form? - ANSWER- 4.5-4.6 billion years ago When was the surface of the planet cool enough to support liquid water? - ANSWER- 3.8 Ga based on findings of water-lain sediments dating back to that age. Define biosphere - ANSWER- a thin veneer of life that surrounds the surface of our plan...

CXA Exam Questions With Verified Answers Affordance Decomposition - answerThe isolation of the specific functions, meanings, limitations, and challenges that can be provided by a given technology or capability. Application service provider (ASP) - answerA 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 - answerA long term goal that a user hopes to achieve. Barriers ...