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.

Appreciate the psychological mechanisms behind the autokinetic effect as an example of informational influence.

Comprehend the importance of social roles and identity in conformity and compliance.

Identify strategies to defend against undue social influence.

Understand how labeling and commitment strategies are used in persuasion.

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