The Basic Proposition of the Blue Ocean Strategy Is That

question 21

Multiple Choice

The basic proposition of the blue ocean strategy is that many successful companies have built their competitive advantage by:

• A) redefining their product offering through value innovation and creating a new market space.
• B) initiating a price war to grow volume and drive their weaker rivals out of the industry.
• C) developing brand loyalty to protect them from intense price rivalry within their industry.
• D) charging premium prices for their goods or services.
• E) adopting lean production and flexible manufacturing technologies.

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Definitions:

Misplaced Modifier

A modifier placed too far from the word it describes, potentially causing confusion or ambiguity in the sentence.

Managing Emphasis

The act of strategically highlighting or prioritizing certain aspects, responsibilities, or areas in management to achieve desired outcomes.

Sentence

A sentence is a set of words that is complete in itself, typically containing a subject and predicate, conveying a statement, question, exclamation, or command.

Dangling Modifier

A word or phrase that modifies a word not clearly stated in the sentence, often leading to confusion or ambiguity.