To Build a Blue Ocean Strategy We Use an Analytical

question 11

Multiple Choice

To build a blue ocean strategy we use an analytical framework called the strategy canvas. Please select all that are true.

• A) The horizontal axis captures the range of factors that the industry competes on and in which it invests.
• B) The vertical axis displays the value a company offers the buyers in terms of each of these critical success factors.
• C) Predict future performance of a firm.
• D) Ascertain how to achieve low cost or differentiation.

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Definitions:

Historical Cost

The original purchase cost of an asset, as recorded in the financial statements, without adjustment for inflation or market changes.

Original Cost

The purchase price of an asset or investment, including all expenses incurred to get the asset ready for its intended use.

Balance Sheet

A financial statement that summarizes a company’s assets, liabilities, and shareholders' equity at a specific point in time.

Pay Period

The interval of time for which employee wages are calculated and paid, such as weekly, biweekly, monthly.