Kim and Mauborgne Suggest Six Principles in Two Groups That

question 43

Multiple Choice

Kim and Mauborgne suggest six principles in two groups that can be used to create a blue ocean strategy. Which of the following is within the group suggested for execution principles?

• A) overcoming major hurdles within the organisation
• B) reaching beyond current demand
• C) building a program for execution into the chosen strategy
• D) options A and C only
• E) options A and B only

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Definitions:

Theodore Roosevelt

The 26th President of the United States, known for his foreign policy, conservation efforts, and progressive reforms.

Material Progress

The advancement and accumulation of physical goods, technological advancements, and improved living standards within a society.

Business Consolidation

The process of combining two or more companies into a single entity, often to increase efficiency and reduce competition.

Trustbusting

Government activities aimed at breaking up monopolies and trusts (large business entities) to foster competition and prevent market domination, prominently associated with the early 20th century.