Identify an Accurate Statement About Blue Ocean Strategy

question 3

Multiple Choice

Identify an accurate statement about blue ocean strategy.

• A)It involves creating new demand by targeting noncomsumption-individuals.
• B)It disrupts an existing market by displacing an earlier technology.
• C)It uses low-end disruptive innovations to compete in the market.
• D)It relies on its existing knowledge of products to improvise on new features.

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Definitions:

Fair Value

An estimate of the market value of an asset or liability based on current conditions and willing buyer and seller dynamics, often used for financial reporting purposes.

Salary Allowance

This term refers to a fixed amount or stipend that is given in addition to salary, often for the purpose of covering specific expenses.

Average Capital Investment

The mean amount of money invested in assets over a certain period, calculated to evaluate investments' performance or compare investment opportunities.

Capital Balances

The amount of money that shareholders have invested in a company, not including retained earnings or profits.