Blue ocean strategy Study guides, Class notes & Summaries

CIS 105 Final Exam Arizona State University - Questions with complete solution CIS 105 Final Exam Cloud Computeing - correct answer Shared 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 - correct answer More permanent storage like flash or hard disk One-Sided Market - correct answer derive most of their value from a single class of users Blue ...

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...

What is the blue ocean strategy correct answers go where the profits and growth are and where the competition isn't Technology and Globation correct answers -info on products and prices will be immediately available -meaning accelerated commoditization (when brands become more similar, people buy on price) -Therefore, niche markets and monopolies quickly dissapear Products and services introduced recently correct answers -Iphone in 2007 (1 billion units have been sold) -Ipad in 2008 (4...

What is the blue ocean strategy correct answers go where the profits and growth are and where the competition isn't Technology and Globation correct answers -info on products and prices will be immediately available -meaning accelerated commoditization (when brands become more similar, people buy on price) -Therefore, niche markets and monopolies quickly dissapear Products and services introduced recently correct answers -Iphone in 2007 (1 billion units have been sold) -Ipad in 2008 (4...

MIS 301 Exam 2 Question and answers correctly solved 2024 Backward compatibility - correct answer ability to take advantage of complementary products developed for prior generation of tech. Ex: 16-bit Super Nintendo system incompatible w/ firm's highly successful prior generation 8-bit model (they had an epic FAIL!) Blue Ocean strategy - correct answer approach where firm seeks to create & compete in uncontested "blue ocean" market spaces, rather than competing in spaces & ways that h...

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...

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-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...