A Blue Ocean Type of Offensive Strategy

question 56

Multiple Choice

A blue ocean type of offensive strategy

• A)refers to initiatives by a market leader to steal customers away from unsuspecting smaller rivals.
• B)involves a preemptive strike to secure an advantageous position in a fast-growing market segment.
• C)entails attacking rivals head-on with deep price discounts and continuous product innovation.
• D)involves abandoning efforts to beat out competitors in existing markets and,instead,inventing a new industry or new market segment that renders existing competitors largely irrelevant and allows a company to create and capture altogether new demand.
• E)involves the use of surprise hit-and-run guerrilla tactics to harass money-losing rivals and drive them into bankruptcy.

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Definitions:

Sexual Harassment

Unwelcome sexual advances, requests for sexual favors, and other verbal or physical harassment of a sexual nature in the workplace or other professional settings.

Pay-Related

Refers to all forms of financial returns and tangible services and benefits employees receive as part of an employment relationship.

Pay Equity

The practice of compensating employees equally for jobs requiring comparable skills, responsibilities, and effort, regardless of gender or other irrelevant factors.

Compensation Policy

A set of guidelines that an organization follows to determine how employees will be compensated, including salaries, benefits, and bonuses.