If a Firm's Claim in the Blue Ocean Is Based

question 16

Short Answer

If a firm's claim in the blue ocean is based on easily _____ resources (like technology features), then holding off rivals will be tougher.

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Definitions:

Industrial Services

Services provided by businesses to other businesses within the industrial sector, often including maintenance, repair, and operations.

Support Products

Goods or services purchased by a business to facilitate its operations, distinct from its core offerings to its customers.

Maintenance

The process of preserving a condition or situation or the work necessary to keep something functioning or in service.

Accessory Equipment

Additional or supplemental devices or tools used to enhance or support the main functionality of a primary product or system.